myspace

The Social Networking of myspace:
The Future is on the Back of a Butterfly
A Special Report for Dynamic Market Alert
August 24 , 2006
by Brad Colburn

If you're a mathematician or a scientist by trade you're probably familiar with the chaos theory. If you're not, consider yourself lucky. The chaos theory is more convoluted than the floor of the NYSE.

But there is one aspect of the chaos theory that is very intriguing. It's called the butterfly effect. Boiled down to its simplest form, the butterfly effect is this: the flap of a butterfly's wings could culminate in a larger event following along an event chain.

Here's a popular scenario...

Dynamic Market Alert Your Premier Investment Insight “For more than a year I’ve followed your results and comments… the only word I can use to describe my experience is ‘fantastic’.” – John, member Written by J. Christoph Amberger, Dynamic Market Alert offers you the revolutionary investing insight of Dynamic Market Theory – a system that moves with the ever-changing stock market, and helps you profit when it changes... before the rest of the investing herd can act. Cited as “far and away the premier free investment service…”, Dynamic Market Alert gives you access to a global network of experts, profitable investment insight, urgent alerts – all in a FREE daily e-mail. Begin receiving the Dynamic Market Alert today. Enter your e-mail address below and click the Join Us button. We value your privacy. We will not share your e-mail address with anyone else. Jeanne Smith, Director, Dynamic Market Alert

A butterfly glides through the air flapping its wings. Two thousand miles away, a tornado erupts on a Kansas plain. If the butterfly hadn't flapped its wings at that particular moment, would the tornado have occurred?

That's the butterfly effect in a nutshell.

Now, how does the butterfly effect play into what we're concerned with? Simple.

Networking with MySpace

Similar in massiveness - but not quite so unwieldy to get through - to the chaos theory is something called MySpace. If you ask your kids what MySpace is, you'll find out it's a place where they can keep in contact with their friend's lives and make new friends all across the world.

The Expansive Opportunities with MySpace

Let me give you a clearer example of what MySpace can do. About a month ago, I posted a story snippet I worked up last year but had let sit untouched. When I posted it, I left specific instructions for whoever read it to add a piece to the story and then pass it on to someone else. Not only have I gotten feedback, the story is taking on a shape of its own.

If that can happen with a simple story, think of the business aspects. Need employees for your start-up marketing company? You can search through millions of people on MySpace to find your perfect candidate. And it's free so there are no advertising costs.

Last month, MySpace.com racked up 51.4 million unique visitors in the United States, according to ComScore Media Metrix. However, in social networking circles, MySpace has the highest user retention, 67% of the visitors in April 2006 had been on the site the previous year. This is huge.

The Birthplace of Next Generation Businesses

News broke recently that the military is even using MySpace. The Marines have set up a profile page that to date has 12,000 "friends." (Read "friends" here as potential recruits.)

The Marines hadn't planned on using MySpace, but their advertising campaign has been successful.

According to Denver's futurist society, the Da Vinci Institute: "For the business entrepreneur, MySpace will be the birthplace of next generation businesses. The opportunities are currently disguised as chaos, system flaws, pointless ramblings, and modern day cave paintings.

But through a different lens, chaos becomes a new form of order, time wasting teenagers become the influences in tomorrow's referral marketing networks, and the meaningless background clutter becomes a new form of raw material for data miners working with digital shovels and digital pick axes."

This is an exciting development we'll keep track of here. We feel that this initial mass media acknowledgement of MySpace is the flap that will start the worldwide networking revolution.

This report is brought to you by Dynamic Market Alert - the premier FREE investment service delivering just the news you need to profit when the market changes... long before the rest of the investing herd can act.

Copyright 2006, The Taipan Group, LLC and Dynamic Market Alert, 808 St. Paul St., Baltimore, MD 21201
All rights reserved. No part of this report may be reproduced or placed on any electronic medium without written permission from the publisher.
Information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed.