David Heinemeier Hansson of 37Signals espouses a radical new business model: create something people want, then charge them money to use it.

The secret to making money online (video, 32 minutes)

I think it is well worth watching, especially if you have been brainwashed into the prevailing VC-funded, Facebook-or-bust, flip-it-before-we-run-out-of-cash mentality. If you still aren’t convinced, read this post by Dennis Forbes.