TBW Blog
Making Crazy Money on line- Jan08
1/1/2008 : Marc Goodin
Happy New Years Everyone
Most of the threads on TheBIGWiki.com or the internet for that matter are not about making millions of dollars. But looking at sites that do make millions are often fun to check out. And more importantly they will often give us ideas and motivation for our own web business.
Every month I will review a big money site here and then provide you an idea at www.TheBIGWiki.com/TBW_uses_ideas (look for Light Bulb Jan08) that you could use for a thread. I know most of you will make a tread based upon your current business or an idea you have been thinking about, but its always fun to read about other peoples success and maybe this will give you the motivation to take the next step.
Teenage Millionaire. I know that would sound good to my 18year old daughter. Ashley Qualls, a 17 year old Michigan girl, borrowed $8 from her mother and started a Million Dollar Business. On her web site, Whateverlife.com, she simple gives away free MySpace background layouts.
When I went to the site I could not believe she would make any money never mind the $70K she earns ever month. I had to click through 2 pages of ads just to get to the free layouts. But when I mentioned the site to my daughter she knew all about it, and thats what counts.
Her website attracts more than 7 million monthly visitors and 60 Million page views. Her first Adsence paycheck was $2,790 dollars. She has rejected a $5 Million dollar offer for her site. Last year her web site generated over a million dollars.
It just goes to show that any thing is possible by targeting a niche market. In this case the niche market girls on Myspace/social networks is one of the largest markets on line. I don't have the stats but I know my space gets substantially more hits a day than google. This kind of business success can not be found anywhere but on line. Maybe we should have all our teenagers either start their own thread or give us ideas for ours.
More fascinating information about Ashley Qualls and her web site can be found in an article recently published by Fastcompany.
My idea for Jan is similar to Ashley's in that it would be directed to one of the largest niche markets on line. Check it out.
Enjoying the first day of the new year,
Marc
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