A very weird happening is the influx of a huge number of web hosting companies, some run by kids who are not even 13 years old. Some provide web and email space in gigabytes or unlimited everything for the price of less than a cup of coffee per day.
Even some of the established companies that we knew jumped into the price war and burning themselves in the process. For us, we hold still. We have calculated our profits and costs. We hold still to the prices that can sustain and grow our company rather than take a myopic view and slash prices knowing full well that this cannot be sustained.
Till now, we believe we are right, as we continue to attact clients, in fact much better paying and corporate clients. It seems that they come to us because we price our services reasonably and not at the rock bottom. 8 to Infinity Singapore Web Hosting
Sunday, October 22, 2006
Saturday, October 14, 2006
Organic Growth Path
After a lot of consideration, we decided against mergers, against acquisitions of smaller companies, against Venture Capitals involvement. Instead we opt for organic growth, using our own internal fundings. We had made it a point to save a certain amount of money each month, after 10 years it grew quite well. We made further investments into our equipment, hire more technical staff and do a up market leap into specialised server hosting. 8 to Infinity Singapore Web Hosting
Subscribe to:
Posts (Atom)