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Entrepreneurs, Start Your Wikis

In five years, Wikipedia has bloomed into the largest online encyclopedia. Its simple but powerful concept–allow everyone to write and edit the content (under the auspices of some devoted administrators)–has compelled more than 48,000 current contributors to bang out 3.8 million articles in 100 languages. By its own estimates, the site now captures roughly 4% of the daily traffic on the Internet.

But there’s more to Wikipedia than skipping a trip to the library. The site’s underlying group-think principal can be applied to manage and build businesses more effectively.

Tom Taulli

Full Story: http://www.forbes.com/entrepreneurs/2006/08/30/wikipedia-google-ebay-cx_tt_0830straightup.html?partner=moreover

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