The Internet continuously spawns new business models and these new business models in turn spawn offshoot businesses that in some cases could or can become larger than the original model.

Let's look at selling tickets online. We all know that eBAY, among thousands of items, sells tickets to events (sporting, concerts, etc.). We also know that Ticketmaster sells tickets.

Now along comes stubhub started by two Stanford Business School students who created the idea for a term paper (as an aside I remember reading that Federal Express was born from a Frederick Smith term paper at the Wharton School of Business many years ago).

My purpose is not to describe stubhub.com. Take a look at it for yourself. My purpose is only to illustrate the continuous flow of new business ideas brought to all of us via the Internet.

And part of this idea is how traditional businesses are being turned on their heads. The next huge breakthrough is coming to the yellow page industry. If I am a yellow page publisher I have to be terrified at the rapidity of the local search models that are coming down the pike. I take my hat off to Verizon who seems to be fighting a good fight, but the onslaught is coming. This multibillion-dollar industry is ripe for a fall.

A good business book would be a series of case studies on how the Internet has created new business concepts and at the sametime destroyed many others. It would be a terrific read.

We at Jupitermedia are blessed to have tapped the business of selling images online. I will write more about our doing here in later posts. Suffice it to say that much like stubhub found a niche for selling tickets, we have found a niche for becoming the "Wal-Mart" of the online image industry.