The document discusses creating and expanding one's identity in Web 2.0 through establishing an online presence. It recommends starting a website to recognize individuals and businesses in social media in a cheaper and more flexible way than print advertising. Benefits include convenience, credibility, promoting brick and mortar presence, two-way communication, and growth opportunities. The document suggests starting a website for new businesses, professionals, those with hobbies or seeking jobs like photographers, painters, dog walkers, and talents like dancers, singers, and artists.