They say you can’t make money with GPS.  They say that the subject is too geeky and the mover and shaker trend-setters of today’s sophisticated world won’t use it, let alone pay for it.  They say people won’t allow themselves to be tracked.  they say … well, why bother?

Most of you who read this column have heard all these negative thoughts before, and likely quite a few more.

I have one answer.  http://www.loopt.com/

Hmm, Dave, let me follow you through on this.  You are saying that someone can start a business by:

• Asking people to register their phones
• Letting others watch them on line
• Meeting up with others via the service
• Opting in or out of activities And more of the ‘privacy invasions’?

Yep, I am not only saying they can make such a business, I’m saying they absolutely have … and it looks great too.  Is the future bright for Loot and perhaps competitors or clones with similar services?

I don’t know,  I’m not the venture capitalist here.  I’m not allows to handle anyone’s money aside from my own.

But someone has invested and is reaping the payoff.  Just don’t say it can’t be done, it certainly can.  Not only is GPS tracking a way to get an ROI for you business, GPS tracking is clearly something you can make a business out of.  I love it.