I have recently revamped my five year old venture TemplateKingdom, which has till date sold 5000+ original template designs to companies and various template sites around the world.

And so TemplateKingdom 2.0 is right here.

Come, buy the ready-made web site template that best suit your next project.

All our templates are quality checked and are designed by top-quality creative professionals (including 100+ in-house designers). You can use every template for your projects as many times as you wish. We have given special attention to make the designs user-friendly so that they can be used for practical projects.

Salient features of Template Kingdom 2.0

• Lower prices
• You can discuss specific templates and design
• Members area to download free templates as we make them available
• 80% of our template collection can be downloaded instantly (remaining 20% within 24 hours)

Many more exciting features are coming up soon:

• Tagging for ease of search
• Reseller license (so that you can resell the templates and make money). Normal licenses can be upgraded later by paying the difference.
• Active Blog with tips / resources on using the templates
• Several new types & categories of templates

So keep tuned in and if you want to join hands with TemplateKingdom, feel free to write back to me! I will love to work out JVs with enterprising entrepreneurs. I are open to ideas - so write to me.

P.S.: The site is in its BETA version, but it can take orders. If you encounter a problem, please feel free to write to us. We will be obliged.

In recent times, I have seen a growth in marketplaces which help website owners to buy/sell websites.

It looks like a good idea, as it allows website owners to reshuffle their portfolio of websites and offer services / products which are more aligned towards to their largest consumer segment (read traffic on their most popular website). Besides this, it also helps new companies to get into the business by making quick buy-outs!

I saw how I-Net Interactive bought WebhostingTalk, HotScripts, DBForums, ProgrammingTalk and several other sites to create a niche network. They further added websites on similar themes and made smaller buyouts to add value to the whole network with several relatively new sites. This does make a lot of business sense and I am sure new entrants into Internet media / technology business can learn from this.

However, I do not see any value in turnkey (me too) websites which is basically a smart design coupled with a free / low cost script being sold as a "ready to operate" business. Unless a website stands out (need not be ranked 1-2-3 in their category) with proper traffic, business model, earnings (not necessary) and a sustainable vision, one should not invest in it.

There are several parameters on which a site can be valued.

I feel the (1) profitability or potential of monetization and (2) sustainability of the revenue stream are primary ones.

I will not consider (3) existing traffic, (4) pagerank (as an extreme case), (5) branding, (6) exclusivity and/or quality of content  / service / product or (7) subscriber base to be a factor for judging the price of a website. These secondary factors can help in making a site success, but as usual the most important factor is the end result - i.e. the profitability. The secondary factors must be considered in the due diligence process to ensure that the result i.e. profitability (or potential) of the website is not fake and is based on firm grounds.

Now, the money part!

Every transaction has to be closed at a price which makes both buyer and seller win. There are several experts who recommend a 10x monthly profit factor. In my opinion it depends on a specific transaction and its strategic importance to the buyer.

Where to buy / sell?

These are some of the sites where you can buy/sell a website. I will look out for more and if I get one, I will add it to the list.

• http://www.sitepointforums.com
• http://www.websitebroker.com
• http://www.sedo.com
• http://www.dnforum.com
• http://www.daniweb.com

So happy trading websites

IMHO, online candidate search is a great service. I currently use two such websites and shell out almost $5000 per annum for the same. I always do a solid cost / benefit analysis and I have found that I am saving almost $15-$20K on my recruitment cost alone.

We manage to find decent candidates. However there are few limitations that you must keep in mind:

1) Candidates you get through online database search are more prone to attrition compared to those who are through a consultant. This happens because they have an active profile online and they continue to get offers from various companies.

2) You will get quality resumes for people with experience range of 0-8 years. People who are more qualified or experienced and hold important position in companies generally do not post their resumes to such sites.

3) Verification / validation of employees who come through these sites need to be done rigorously at your end. Like every online transaction, there is a probability of fraud in terms of forged resumes.

BTW, I found a very nice concept. Please check out www.yellojobs.com/ to see the new model of personal reference network for hiring. Its a mix between sites like linkedin.com and pure resume database sites like monster.com and naukri.com.

Abhishek

It all started with pixels. Alex Tew started selling pixels with milliondollarhomepage.com to earn some quick money. Public relation clicked and he became a success story with a wild frenzy among people to own a "piece of history". The "me too" crowd followed and we saw thousands of similar sites selling priceless pixels and few smart companies selling scripts to build such sites.

After one year came Joel Comm, who improvised the concept to link words instead of pixels, and launched 500words.com. This innovation was expected from an Internet marketing wizard like Joel, who is well known among Internet marketers and has a capacity to create a loud buzz. He sold the entire inventory and laughed his way to his bank with few hundred thousand dollars! Just like milliondollarhomepage.com, this improvisation triggered hundreds of similar website and scripts that can be installed to launch similar sites. In fact, I also launched software called wordsitebuilder with my friend Arun Agrawal, because I believe in selling spades when the gold rush is on.

Now, exactly after one year of the 500words.com gold rush, I came across another concept - Wordhugger.com & MillionDollarWiki. Now they have logically extended the legacy and moved on from words to a page dedicated to a given word / phrase. They have presented the concept in a much more lucrative way for prospective buyers. I was just wondering how is this different from squidoo.com? This seems to be picking up and I am watching the show .

So, overall, there has been a gradual transition from a pixel >> word >> page What’s next? - A website / or a blog?

Let’s watch the show!

There has been a lot of talk over the BIG IT talent pool in India. Every bureaucrat and market research agency in the country shows towering numbers of colleges and students that they produce.

But the burning question is - Is this talent employable?

The biggest challenge Indian IT industry faces today is the ever-growing gap between graduating engineers and employable graduates. If not checked in time, it might result in a lost opportunity for India Inc. as opportunities will not wait and move towards economies who provide more employable talent at the best ROI.

The main reasons for this gap are:

• Low motivation for top experts to take up teaching as a profession.
• Outdated syllabus, course curriculum, infrastructure, teaching methodologies and content!
• Little or no emphasis in making people "life long learners", primarily because education is spoon fed in most institutions.
• Priviledge to "best education" has been made available to selected class.
• Poor use of technology to spread education to rural areas

There is a lot to rant about the negatives, which we all do. I never liked the way education is imparted in our country and always wanted to grab the first opportunity to change the same.

I am taking a humble step towards my dream project by launching Indus Net Academy in the third week of June 2007. I have coined the slogan as "New Age Education", which is timeless and conveys the feeling behind the project. The initial academic setup will be in a small area of 1000 sq feet, which will be extended as we mature and generate more demand.

Indus Net Academy has been housed in SDF Building, Sector V, Salt Lake, Kolkata for the following reasons:

• Close to the industry!
• Easy availability of successful professionals who might like to share their experience and knowledge.
• Ease of management, since Indus Net Technologies is also located on 4th and 5th floor of the same building.

The purpose of Indus Net Acaemy can be summerised as follows:

• Create employable talent
• Continued education for working professionals
• Accumulation & distribution of knowledge
• Rural education

(From now onwards the team behind Indus Net Acaemy is being termed as "We" instead of "I" since many key members of Indus Net Technologies thinks about the academy the same way that I do and are working tirelessly to make it a success.

Initially, Indus Net Academy will start with career oriented professionally taught courses on:- Web Design, Web Development & Internet Marketing. The course will be taught by experts who are practising these subjects at Indus Net Technologies and serving clients from all over the world. Teaching methodology will be a mix of classroom based core concept delivery, self paced study, research and discussion on important ideas, lab sessions and practical tips from practitioners of "how things are done in real life".

We are further backing up the courses taught in Indus Net Academy with guaranteed jobs by joining hands with companies who need the "industry-ready talent".

Since we have in-house professional talent available in Indus Net Technologies, we chose to start with subjects related to Internet industry. As we move ahead, we expect professionals from different walks of life to be a part of this movement and make a difference - to make the "new age education" dream a reality!

Will keep you posted. Looking forward to a bright future…

Keep an eye on http://www.indusnetacademy.com/