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Many people became successful from the “first wave” of internet businesses. But a whole new wave of opportunity has just begun to flow, and early-adopters of the newest technology and Web 2.0 have got an incredible opportunity to reach the heights of professional and financial success.

People around the country – and in many developed countries – are rebounding from the lack of ‘community’ that has occurred over the last generation. This has resulted in an explosion of online networking communities. Originally begun in the form of message boards or forums, they now abound, and while the big players (social sites such as MySpace, Facebook, etc., and business sites such as Linked In, Ecademy, Fast Pitch, etc.) are very established, there is still ample opportunity – and easily accessed technology – for new communities to be built for profit.

What many people do not realize is the complete ease at which they can start their own “niche” online networking community as a revenue-generating enterprise, thanks to the proliferation of user-friendly platforms for business owners now available at a fraction of the price of the need to hire a software developer or team (which for a long time was the only option).

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