Saturday, January 07, 2006

A brilliant business idea

This is a perfect example of how little brainstorming can change a man's life. As BBC tells:

It took a 21-year-old a few minutes to come up with an idea which has made him more than one million dollars in four months. So what's his secret?

It started with a blank notepad, an overdraft and a shortage of socks.

Now it's a million-dollar business.

Last August, as a three-year degree loomed, Alex Tew lay on his bed in his family home in Cricklade, Wiltshire. It was time for his nightly brainstorming session.

This time, the problem was his finances. He already had an overdraft, which was sure to multiply at university, and he felt his poverty was reflected by his lack of decent, or matching, socks.

As I made money, more people talked about it and the more people talked about it, the more money I made
The first thing he wrote in his pad was "How can I become a millionaire?" Twenty minutes later, the Million Dollar Homepage idea was born.

It was selling pixels, the dots which make up a computer screen, as advertising space, costing a dollar per dot. The minimum purchase was $100 for a 10x10 pixel square to hold the buyer's logo or design. Clicking on that space takes readers to the buyer's website.


Details can be found here.

2 comments:

Rajputro said...

Very interesting!

Salam Dhaka said...

This story was all over the press. Smart little kid.