The Problem With Social Networks: No Money
Last night after reading Noah Kagan’s post about how there is no money in social networking I began seriously thinking about the issue. If there is no money in social networking, why am I investing so much time reading and writing about it? Ultimately, where is the real money to be made out of this? The end result is what I keep coming up with time and time again: personal branding.
If you are looking to make money off of Facebook applications or your own social network, odds are not in your favor.
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