eBooks

eBooks and eBook Hardware Will Soon Replace Paper Books By: Blake Dale Ratcliff

I am sure many maintain that paper books will be around for generations. I suppose I don't entirely disagree. However, the trend toward ebooks is now overwhelming and in my estimation will largely replace paper books over the next 10 to 15 years. Exactly what do I believe the course of events in this area is?
First, what are the factors that will drive ebooks? Some will surprise you. First, an aging population that seeks to stay involved and is unlikely to disengage until very very late in life it at all. Why is this a factor? Ebooks can play back audibly and offer adjustable text size. I was amazed when my 75 year old father who has never to my knowledge ever shown interest in technology was actually interested and I expect will one day own one himself. A man who has zero interest in a computer choosing to use this shows the strength of these attributes.
Second, the push to reduce our environmental footprint and the potential cost savings are very important. Why do I believe this is true? How much does the U.S. spend on text books for students annually. What a tremendous economic savings if text books instead came electronically. And what a boon to children to give every student one of these tools. More importantly, the ability to get additional results from books because of the note taking features, book marking, and other items increases the learning potential also. Additionally, backpacks would suddenly only need to carry note books and calculators.
Third, for a mobile population, the ebook is wonderful. You can carry you entire personal library with you. With the iPad and new notebooks coming that extends to color presentations and more. Additionally, these tools make subscription news viable again albeit in a somewhat different format. Soldiers, sailors, and airman around the world could have easy access to libraries of information and books instead of a dribble of often bad titles sent by the USO.
Finally, the lower cost of production, the simpler distribution, and the paperless format may stifle the industry at first but as demand explodes for more and more information because it can be so inexpensive electronic publishing will in my opinion boom creating huge fortunes for the distributors in the future.
The first time someone recommended the Kindle to me, I told them to save their money I'd never be interested. Fortunately for me, they gave me one anyway. Out of respect for them I tried the tool and was amazed at the utility and pleasure it gave me. I will hardly consider buying a paper book now and expect almost everyone will be the same within 10 years. Imagine homes without bookshelves, libraries with electronic terminals and working facilities, book stores as social places rather than giant storehouses for bound paper.
Blake Ratcliff (US Naval Academy Graduate & Marine Officer, Serial startup entrepreneur, COO/CEO, multifamily / residential investment founder, and property manager).
Blake's crafted 100+ business plans, prepared and delivered 1000+ investor presentations, and is an expert financial modeler. A deeply experienced real estate business person and startup business expert, Blake hones your Business plans, reports, and presentations.
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