Identification of opportunities online  
                                       by Omoshola A .Johnson.

What is the online buzz?
It’s the excitement and creativity surrounding the creation of the internet. The internet was not created by a single person but can be said to be collaboration by a whole community of scientist, physicist and the brightest minds in America. From then on developed countries all around the world embraced the introduction of the new technology like peanut butter sandwich or a good old American ham burger.
The online technology (internet) which allows computer networks to interconnect and communicate, serves as a form of communication between other internet users around the world. As the saying goes every new technology is an avenue for making money, which in fact is true.
Since the inception of the internet thousands of businessmen and women in the developed world has utilized it to there own potentials. Individuals, companies and entrepreneurs as earned millions of dollars and still counting till today. An example is Peter Neupert the president of drugstore.com who reportedly turned down famed venture capitalist John Doerr’s to start-up is online company which is called drugstore a website for prescription drugs, with 700,000 customers till date an still counting . the market value of the company is $1 billion his personal stake is $40 million, all these was realized with utilization of internet technology. There are more examples of various entrepreneurs such as Charles Conn CEO of ticketmaster.com.
All these individuals couldn’t boast of such successes before the inception of the internet but now they are rich beyond there wildest dreams, what does this mean? It means that they have taking advantage of the internet and turned it around to make a fortune.
We can clearly see that the power of communication through computers was the key to success in there various companies. The key lesson to all these stories is not that they were from developed countries it is the utilization of opportunities like the internet available to them.
Coming back to the home front Africa, we are slowly improving on the phrase “online buzz” we have seen  significant growth towards the development of  internet in some parts of Africa such as South Africa, Nigeria, Ghana. A statistic by economic intelligence unit shows that Asians and Africans are catching up with big internet users such as Denmark.
My question is these:-
• Are we utilizing the potentials of the internet technology enough?
• Can’t we compete on the same grounds as our foreign counterparts as done?
• How many heads have they got two?


A recent statistics shown that  80% of Nigerians have been exposed to the internet at one time or the other once while a good 90% of the lot are regular online users. In this light I expect that Nigerians would have utilized the technology to full potential because if say 50% of Nigerians are connected there is definitely enough opportunities to exploit.
Instead of spoiling the reputation of our great nations doing all kinds of fraud online, we can channel our intelligence towards a more rewarding and profitable channel of business.
“The application of thinking is what makes the difference between success and failure” instead of channeling our knowledge towards fraudulent vices  there is a lot of money that could be made online which will especially help our youths get of the streets
An example of mine is a website called naijabarter.com it’s a site which basically links buyers, sellers, advertisers and exchange of goods and commodities whether brand new or second handed across Nigeria.
This kind of development is good for our economy because it provides a peculiar service for individuals companies all round Nigeria, Africa and rest of the world  seeking specific kind of commodities. With the whole nation embracing such ingenuity and knowledge the online business would boom exceedingly in our country giving more rooms for other entrepreneurs to show case different qualities and talents that as been locked up.
We can change the status of Nigeria and indeed Africa throughout the globe; we can take the first steps of moving from a developing continent to a developed first class continent LETS USE OUR GOD GIVING TALENTS.
                                                                                         Omoshola A Johnson
                                                                                         Block a/4 matori industrial
                                                                                          Estate oshodi Lagos
                                                                                         E-mail: info@naijabarter.com
                                                                                  Tel: 08059883993,017262833