The Million-Dollar Home Page
Your 20 minutes brainstorming session can generate $1 million. Your $100 investment can make you millionaire. The Thing you need is a business idea no matter whether this is brilliant idea or idiot idea, the other things are commitment and determination. If you think that your stupid idea can make you millionaire then implement it.
You might or might not have heard of it. 21 year old student Alex Tew has made it. He made $1 million with the investment of only $100. Lets see how his 20 minutes thinking session was converted into $1 million. Alex Tew was a college student in Wiltshire England who didn't want to graduate with student loan debt, so he decided to create a "Million Dollar Home Page".
So, how did he do this? The concept was simple: Businesses could buy 10x10 or larger blocks of advertising space for a $1 per pixel and place their logos and links on his site. Alex knew no one would be interested in buying pixel space, so he convinced some family and friends to chip in to buy the first 1,000 pixels. He also knew that UK media will do rest of the work for him. So he started publicizing it every where bloggers community, online forum and online chat rooms also. within two weeks Alex had sold $40,000 worth of pixels enough to cover his entire three years of college. In just five months, Alex reached his goal of selling a $1 million worth of pixels. In the past two weeks alone, he's received close to 4 million unique hits. On January 1, 2006, the final 1,000 pixels left were put up for auction on eBay. The auction closed on January 11 with a winning bid of $38,100.00, bringing the final tally to $1,037,100 USD in gross income.
What we should learn? A large part of his success is hugely owed to his ability to quickly find solutions and adapt to the many problems that unexpectedly popped up during execution of his project. One of the first problems he encountered was that his website wasn't equipped to handle the volume of traffic he began receiving. In the beginning, he had to manually upload every single image and all the links himself. As hundreds of orders began pouring in, though, Alex was forced to hire two people to help maintain the website's database and deal with customers. The next major problem was that PayPal blocked his account. Alex was forced to quickly come up with an alternative payment method to keep up with the volume of orders he was receiving. Within three hours of PayPal going down, ALex had found a replacement. And although PayPal eventually enabled his account again, Alex kept both payment options open to prevent a similar problem in the future. So,
I have only one line for me and you guys. Why didn't I think of it??? Why didn't you??
You might or might not have heard of it. 21 year old student Alex Tew has made it. He made $1 million with the investment of only $100. Lets see how his 20 minutes thinking session was converted into $1 million. Alex Tew was a college student in Wiltshire England who didn't want to graduate with student loan debt, so he decided to create a "Million Dollar Home Page".
So, how did he do this? The concept was simple: Businesses could buy 10x10 or larger blocks of advertising space for a $1 per pixel and place their logos and links on his site. Alex knew no one would be interested in buying pixel space, so he convinced some family and friends to chip in to buy the first 1,000 pixels. He also knew that UK media will do rest of the work for him. So he started publicizing it every where bloggers community, online forum and online chat rooms also. within two weeks Alex had sold $40,000 worth of pixels enough to cover his entire three years of college. In just five months, Alex reached his goal of selling a $1 million worth of pixels. In the past two weeks alone, he's received close to 4 million unique hits. On January 1, 2006, the final 1,000 pixels left were put up for auction on eBay. The auction closed on January 11 with a winning bid of $38,100.00, bringing the final tally to $1,037,100 USD in gross income.
What we should learn? A large part of his success is hugely owed to his ability to quickly find solutions and adapt to the many problems that unexpectedly popped up during execution of his project. One of the first problems he encountered was that his website wasn't equipped to handle the volume of traffic he began receiving. In the beginning, he had to manually upload every single image and all the links himself. As hundreds of orders began pouring in, though, Alex was forced to hire two people to help maintain the website's database and deal with customers. The next major problem was that PayPal blocked his account. Alex was forced to quickly come up with an alternative payment method to keep up with the volume of orders he was receiving. Within three hours of PayPal going down, ALex had found a replacement. And although PayPal eventually enabled his account again, Alex kept both payment options open to prevent a similar problem in the future. So,
- If you fail to prepare, prepare to fail.
- Be creative.
- Go big.
- Keep trying.
I have only one line for me and you guys. Why didn't I think of it??? Why didn't you??
