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In the age of the Internet, I think almost everyone should have an online business… if only for the growth experience. It doesn’t cost much to start one, but it will teach you so much. Perhaps the greatest benefit is that you’ll learn you do have something of value to share with the world, something that can generate income for you for the rest of your life.

In a way I’m jealous of the teenagers and 20-somethings who are growing up so Internet savvy. Any of them could start their own online businesses and get ahead financially at a young age. I would have loved to have been doing this in high school or college. It’s terrific that some people are becoming millionaires at such a young age, but I think the real success stories come from those who find a way to generate just a few thousand dollars per month, enough to cover their expenses.

My kids are only 4 and 7 years old, but I’m already thinking about how I might help them start their own websites soon. My daughter is very artistic, so who knows? Imagine if by the time she becomes an adult, she already has a steady stream of cashflow from websites she created during her teen years.

Thanks for sharing this information.

Takeaway firm Domino's Pizza has said that the online portion of its business has enabled it to boost profits and expand its customer base, with social networking sites aiding in the promotion of its internet presence.

Many people order food to be delivered whilst shopping online and it is the ability to enter promotional codes and target users on a local basis that has enabled Domino's to announce a growth in profit of nearly 30 per cent, up to £17.5 million.

In the first half of 2010, 553 of the 627 stores which operate under the Domino's brand in the UK saw an average increase in sales of 13.7 per cent. The firm recently celebrated its quarter century anniversary and it is planning to expand its retail outlets by a further 55 over the next few months.

Whilst a high street presence has been important for Domino's, it believes that giving those customers who prefer safe shopping online the chance to browse the menu, use voucher codes and order on their computers has helped it to perform strongly this year.