The other issue that needed to be addressed here was about bringing small real-world businesses into virtual space. What works, what doesn’t, and is it even a good idea?
I’ve posted on my blog in the past some ideas of who virtual worlds can really work for, but when looking at testing this in the lab I realized that I really shouldn’t use someone else’s business as a guinea pig.
So, with a mind to sell a product or service from the real world on my own through virtual worlds, I decided to take a good look around my house at the things I use every day. After all, the #1 rule of entrepreneurship is that you should never start a venture involving something you don’t care about. Make sure it’s for something you sincerely feel is worthwhile to you and would be to others.
(Yes, I realize you knew that already, but I’m just explaining my thinking here.)
While I’m doing this I’m reminded that the new car insurance paperwork just came in, so I forward it off to my lawyer for a quick review (so that I can understand what it all means) and go get a cup of tea. Sell teabags online? I could buy in bulk and… nah, keep thinking.
A short while later my lawyer calls back and goes over everything for me. He points out some loopholes in my insurance that I can expect to be screwed on if I ever wreck the car, and gives me some advice on how to plan ahead, but I have to admit that my head wasn’t in it. The whole time I’m thinking: “hmmm, should I try to sell car insurance online? But I hate insurance…”
And then it dawned on me that there’s one thing I have that almost nobody else does: a killer legal service.
I made some phonecalls, and when I mentioned it to my wife she was pretty keen on the idea too, so she ended up handling the paperwork for me. (It wasn’t much but I have this “filling out forms” phobia after trying a new Web 2.0 app each day.) A few meetings later and now I’m able to put lawyers on retainer for almost anyone in North America at around $25 per month.
Things that make this a good project candidate:
- It’s a product I sincerely believe in. I’ve had it for 8 years now and can’t imagine life without it.
- It’s a service, rather than a physical object, which cuts out all sorts of concerns. Moving e-commerce to v-commerce will be a future project.
- It’s the kind of thing that encourages the exchange of stories - a critical element for future experiments.
So, now what? Currently I have a great product that can be purchased through a website, but it’s something most people know nothing about. What are my next steps for bringing this small business into the virtual world?
Well, more to come. Meanwhile, please comment with what you think would be the best ways of tackling this project!