Wealth Systems: Digital Commerce, Part I

The other Wealth Engines we’ve profiled have been around a long time.

But the world is changing fast.

As technology accelerates the share of the world’s commercial activity occurring online will continue to rise.

This makes creating products, services and experiences catered to the digital market a lucrative opportunity with growing tailwinds from the expansion of the market. Don’t forget about the gold rushes and shovels lesson: you can strike gold just by servicing other people’s dreams of a sparking sifting pan.

I am focusing very heavily on this wealth engine, we discuss the specifics at the end of this article. The plan for the series is to showcase the performance capabilities of this Wealth Engine and share tactical tools as well.

Why Digital Is The Future

There are many reasons why Digital Commerce is currently producing more wealth than the other engines.

Let’s review the most significant growth factors for digital businesses:

1. Lower Startup and Operating Costs

No need for rent, utili…