Entrepreneur shows others ins and outs of network marketing
Lifestyle Marketing Group LLC is a Colorado-based company that, like Magnetic Sponsoring, sells informational material to home businesses. It started using Magnetic Sponsoring last year, President Aaron Rashkin said.
Rashkin, who founded his business with his wife, Sophia, three years ago, said monthly sales have risen from $4,100 to $80,000 during the last eight months using Dillard’s marketing strategies rather than cold calling and spamming potential customers.
There’s little doubt Dillard is a good promoter — whether he’s selling himself or a company. His personal Web site details a 2008 dinner with Lance Armstrong in Aspen, Colo., and a scuttled plan to buy a hand-built $275,000 Aston Martin
http://austin.bizjournals.com/austin/stories/2009/05/04/story9.html?b=1241409600^1820766&ana=e_vert
Add comment May 4, 2009
Ebook seller that brings in $400k a year
I assume you’ve taken a look at the site and are back now. What makes Parrotsecrets so great? It doesn’t look like much, does it? I’m sure there are a thousand – maybe 10,000 – very similar sites on the net right now. And that’s the point: there is plenty of opportunity to replicate this model.
Before I lose you here’s the literal bottom line on Parrotsecrets. The site sells 15-20 eBook sets per day seven days per week. Using the low end of that range is 5,475 copies per year for gross sales of $437,726.25 from a web site that costs less than $10 per month.
The profit on Parrotsecrets, even after various expenses I’ll detail below, is WAY north of $400,000 per year.
http://www.cringely.com/2009/03/parrot-secrets/
1 comment March 16, 2009
This guys is selling bottled tap water and he is succeedingu
http://www.latimes.com/news/printedition/front/la-na-tapwater25-2009feb25,0,6720560,full.story
Zucker and his partner spend their days delivering shipments and going door to door pitching the idea to cafes, delis and hotels.
So far, they have sold 50,000 bottles and 75 New York businesses have signed on. He expects to expand into bodegas and supermarkets by the summer, and hopes to begin beating out other water brands this year. Zucker won’t ship outside New York, although he has received requests from around the world. The idea, he said, is to stay local.
During a recent visit to Tap’d NY’s small, cluttered office in Manhattan, a table stood littered with promotional stickers that read: “Not from the top of some mountain far away” and “The anti-bottled-water bottled water.” Tacked to a wall was a handwritten list of the latest businesses to order shipments, including Urban Outfitters and the Marriott East Side Hotel.
1 comment March 1, 2009
How to make money online ?
I basically started building it out of boredom, and people started noticing it three days after I launched it,” says Ali. So did interested suitors: Nine months later, the 26-year-old sold his hobby-cum-enterprise, called Esgut, to Palo Alto, Calif.-based Social Gaming Network for “several million dollars” (he’s not allowed to share the exact purchase price).
For all the troubles in the economy, the Internet continues to be a hotbed of innovation, entrepreneurship and, as development costs continue to decrease, stiff competition. Some of the most lucrative ideas have yet to hit the drawing boards. “I could almost make the case that the idea you think is really stupid is [the one that will] succeed,” says Guy Kawasaki, partner at Garage Ventures.
See full Article
http://news.alibaba.com/article/detail/entrepreneur/100044000-1-how-make-money-online.html
1 comment January 28, 2009
How to make money online ?
I basically started building it out of boredom, and people started noticing it three days after I launched it,” says Ali. So did interested suitors: Nine months later, the 26-year-old sold his hobby-cum-enterprise, called Esgut, to Palo Alto, Calif.-based Social Gaming Network for “several million dollars” (he’s not allowed to share the exact purchase price).
For all the troubles in the economy, the Internet continues to be a hotbed of innovation, entrepreneurship and, as development costs continue to decrease, stiff competition. Some of the most lucrative ideas have yet to hit the drawing boards. “I could almost make the case that the idea you think is really stupid is [the one that will] succeed,” says Guy Kawasaki, partner at Garage Ventures.
See full Article
http://news.alibaba.com/article/detail/entrepreneur/100044000-1-how-make-money-online.html
1 comment January 28, 2009
Employee’s Idea brings in $1 Million – What the reward ?
Instead of charging the going rate of $250, we decided to charge $350. Why not? I figured we could establish ourselves as having the premium product simply by charging a premium. In the absence of additional information, consumers often use prices to judge products, and I wanted our site to be the Lexus of job listings. A few months later, 37signals raised its price to $300.
By the time you read this, that little four-week project will have made Fog Creek Software $1 million — nearly all of it profit.
That raised a question: How do you properly compensate an employee for a smash-hit, million-dollar idea? On the one hand, you could argue that you don’t have to — a software business is basically an idea factory. We were already paying Noah for his ideas. That was the nature of his employment agreement with us. Why pay twice?
Add comment January 16, 2009
iPhone fart app pulls in nearly $10,000 a day
Apple’s App Store is currently experiencing a plague of fart applications. Last week, I detailed one day in which at least 14 new fart apps were accepted into the store. And now, just in a quick search, it looks like there are about 50 apps all dedicated to making fart noises on your iPhone or iPod touch. Classy, I know, but why are there so many?
Because apparently there’s big money in fart apps — nearly $10,000 a day for the most popular ones.
Developer InfoMedia (Joel Comm), which makes iFart Mobile [iTunes link], has been releasing download statistics for the app each day since it launched. The $0.99 app has been in the top 100 paid apps every day since its launch, and has seen great growth. In fact, yesterday it hit the number one overall position with over 13,000 downloads. MacRumors ran the numbers, factoring out the 30 percent cut Apple takes from each sale, and determined that, yesterday alone, iFart Mobile made its developers $9,198.
http://venturebeat.com/2008/12/23/iphone-fart-app-pulls-in-nearly-10000-a-day/
Add comment December 24, 2008
16 year old who makes $6500 a month
Donny Ouyang, a 16 year old CEO who reveals how he is earning over $6,500 a month! He talks about how he earns 3 times as much as the average adult, got a $25,000 loan from the bank and the future for his business!
http://www.retireat21.com/interview/Interview-With-Donny-Ouyang-of-Kinkarso
5 comments December 12, 2008
Bankrate.com Acquires 2 year old blog for $15Million
This is one of the craziest stories I haev read
Johns Wu sold his blog for $15 Million. Wu gets $12.4 million up front, with another $2.5 million possible earnout over the next 12 months. Johns Wu started the website in July of 2006, so he has been blogging at Bankaholic for about 2.5 years now so that means that he was 19 when he started and now he is 21 .. See Press Conference link below
2 comments December 12, 2008
Make Real Money with your Youtube Videos
Mr. Williams, who counts about 180,000 subscribers to his videos, said he was earning $17,000 to $20,000 a month via YouTube. Half of the profits come from YouTube’s advertisements, and the other half come from sponsorships and product placements within his videos, a model that he has borrowed from traditional media.
http://www.nytimes.com/2008/12/11/business/media/11youtube.html?ref=technology
Add comment December 12, 2008
How to get advertisers on your blog/vlog?
This guy is brilliant .. I like his approach
http://garyvaynerchuk.com/2008/11/10/want-to-get-advertisers-on-your-blogvlog-go-and-get-it/
Add comment December 6, 2008
Top 10 Tips To Get Your Startup Noticed.
http://marketingstartups.com/2008/12/05/top-10-tips-to-get-your-startup-noticed/
Here is an excerpt below but visit the site above t see the whole article
Getting your startup noticed is one of the most essential steps in building a successful online brand. You can have the coolest app/site in the world, but if no one knows about it, well, you’re out of luck. Luckily, promoting your startup isn’t the mysterious and magical process some marketers will have you think. When it comes to online promotion, there are several easy, yet time-consuming steps you can take to get noticed online.
- Submit Your Site To Relevant Resources- This is a no-brainer, but it is absolutely essential. Find sites that cover what you do, and submit your site there. Some easy ones:
- KillerStartups.com- Use their online form (http://www.killerstartups.com/submitted)
- Launchfeed.com- Use this site to announce the launch of your service. Not as important on the site itself, but other sites subscribe to launchfeed and use the info on their blogs.
- Simplespark- Another source of what’s new online
- MOMB- (Museum of Modern Betas)- A site listing new apps
- Go2Web20.net- A flash directory of startups that actually delivers some fairly decent traffic.
- TechCrunch- The grandaddy of internet startup blogs. You can enter your information here: http://www.crunchbase.com/companies/new
- CenterNetworks- Another great web 2.0 blog
- mashable!- Awesome blog covering all that’s new on the web. Read this post before submitting your site: http://mashable.com/2008/04/10/get-your-startup-on-mashable/
- ReadWriteWeb- http://www.readwriteweb.com/contact.php
- Blogstring.com and MarketingStartups.com- Hey, it’s easy. Just contact me (nathan.burke@gmail.com), let me know what you do, and if your site or service is relevant, I’ll review it here.
1 comment December 6, 2008
Australia’s top web 2.0 entrepreneurs
Chris Kettle – My247 (with Andrew Leask)
Kettle (at right) developed the idea for web and mobile-based entertainment information service in 1999. After working for a period at the Queensland power company Energex, he began building the business for real in 2003.
In 2005, My247 received its first round of capital, and Kettle is looking to another round now to fund its international growth. Already My247 has added 750,000 restaurants, bars, clubs and other entertainment venues to its online and mobile listings service, covering Britain, the US and Canada in addition to its original listings from Australia.
Interest is high, and a recent application for the Apple iPhone has exceeded expectations with more than 6000 downloads in 55 countries in just weeks of release.
Marc Lehmann – SaaSu (with Grant Young)
Marc Lehmann (pictured) had been working in finance at Deutsche Bank when he saw his opportunity. Having seen the potential of the internet for delivering financial information, he also noticed that many of the smart financial guys he was working with were too busy to do their own accounting.
There was an opportunity to combine the two, and together with web developer Grant Young he created an online accounting service, SaaSu. He is now on the verge of bringing on a major investor that he says will significantly reshape the business, adding sales and marketing expertise and providing funding to move more into international markets.
In September this year, SaaSu experienced its best month for both revenue and new customer sign-ups, with 46% of new business revenue now coming from offshore.
See the whole article http://www.smartcompany.com.au/Premium-Articles/Top-Story/20081027-Australias-top-web-20-entrepreneurs.html
1 comment October 30, 2008
Are You a Hustler?
Jermaine Griggs, who made millions teaching people how to play the piano online, grew up in the ghetto. Because his family struggled for money, he had a hunger to make money. At the age of twelve he signed up to be an Avon sales representative, while other men probably would not have done this due to the fear of being made fun of. Jermaine’s attitude towards making money, and his courage to ignore what others thought of him, helped him create a three million dollar company…all while he was in college.
2 comments October 22, 2008
One Man bootstrapped software biz success story
Storry - http://www.balsamiq.com/blog/?p=79
This is a story about a guy that quit his job launched his business and was profitable in less that 3 months
Making money – http://www.balsamiq.com/blog/?p=341
Add comment October 14, 2008
Another Start-Up Tries to Sell Wine Online
Mr. Benedict, who at 24 has only been able to legally drink for three years, said he first became interested in wine when he moved to Walla Walla to attend college in 2002. The region is a burgeoning wine destination.
He started the site with $2 million from angel investors as a free service for winemakers to post information about their wines online for other vintners or for visitors planning a trip to the vineyard. Winemakers quickly asked him to add an e-commerce feature so that consumers could buy wines. He did that a year ago, and 35 to 40 new wineries sign up each month.
The site, which was founded in 2007, has the requisite Web 2.0 tools for wine aficionados. Winemakers can post their tasting notes and tips for tourists who want to visit their vineyards. Wine drinkers can buy, rate, review and discuss wine. A blog offers recipes with wine pairings and interviews with winemakers, and a wine encyclopedia defines terms from “abboccato” to “zinfandel.”
http://bits.blogs.nytimes.com/2008/10/07/another-start-up-tries-to-sell-wine-online/#more-1597
Add comment October 14, 2008
36 Startup Tips: From Software Engineering to PR and More!
http://www.readwriteweb.com/archives/36_startup_tips.php
This is a collection of startup tips covering software engineering, infrastructure, PR, conferences, legal and finance. They describe best practices for an early-stage startup. We hope that you will find these tips useful, but also please remember that they are based on subjective experiences and not all of them will be applicable to your company.
2 comments October 9, 2008
Business that lets you smash things for a price
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SAN DIEGO (CNNMoney.com) — When Sarah Lavely gets angry, she likes to break things. Not all the time, but on days when everything seems to be going wrong, she has been known to throw some plates against a wall. Fortunately, she has an easy outlet: Lavely is the founder of Sarah’s Smash Shack, a San Diego shop where customers pay to smash tableware like dinner plates, wine glasses, intricately lined sashimi plates, brightly colored vases and goblets.
The store’s pristine white shelves are filled with china just waiting to be broken.
“I picked pretty things because people are coming in here to do something they aren’t supposed to do,” Lavely says. “And breaking stuff like this is a little taboo.”
The smashing is done in special soundproofed “break rooms” where customers – outfitted in coveralls, boots, gloves and a helmet – stand behind a chest-high barrier and hurl breakables at a stainless steel-covered wall. All the broken glass is donated to schools and art programs throughout the region.
Lavely, 38, is a former veterinarian. She began venting her frustrations on breakables as a child – she started with Christmas ornaments, then escalated to potted plants. As an angst-ridden teenager she targeted telephones and, once, a window.
http://money.cnn.com/2008/09/17/smallbusiness/smash_shack.smb/index.htm?postversion=2008092510
2 comments September 29, 2008
His First Million at 18 and Went On to Build a $300M Company
Add comment September 18, 2008
Entrepreneur breathes new life into funeral business
Over the past five years, Joachim, a college dropout, has helped revolutionize the stuffy funeral business with software that helps funeral directors create high-quality videos that celebrate someone’s life in grand, heartfelt fashion.
“We’re not hurt by the downturn in the economy,” Joachim said.
By last year, Joachim said he had amassed about 5,000 funeral home clients.
That is about one-fourth of the 21,000 funeral homes nationwide that conduct an average of 187 services per year, according to the National Funeral Directors Association.
Add comment September 10, 2008
