Young founder of online networking site is off to a fast start

Two years in the planning and launched last April, the website grossed an estimated $1 million in less than nine months last year. The revenue was generated by an advertiser list that has grown to 40 clients, including the hefty likes of Pitney Bowes, Hewlett-Packard, United Parcel Service, Citrix and VistaPrint.

Here’s the kicker: Nielsen, a 2003 graduate in entrepreneurial studies of the University of Minnesota’s Carlson School of Management, was a sophomore when he started the first company. And now, with a business model that has attracted 10,000 members and 90,000 visitors a month, the gent is just 25

http://www.startribune.com/business/13824061.html

Affiliate that Earns $300,000 a Month at 19

Paul Bourque started affiliate marketing less than a year ago and now is earning over $300,000 a month from AzoogleAds. Paul is current 19 years old and has done so well for himself over the past year he decided to drop out of college and work full time as an affiliate marketer. Aside from his obsession with conquering the internet, Paul enjoys spending his time with friends and family and plans to move into his dream house in early 2008

http://retireat21.com/interview/interview-with-paul-bourque-affiliate-marketing-super-star

Top 20 websites run by people under 30

CLICK  LINK http://www.retireat21.com/top-young-entrepreneurs/

	1	Mark Zuckerberg	Facebook	23	$700 MIllion	7
	2	Andrew Gower	Runescape	28	$650 MIllion	388
	3	Blake Ross and David Hyatt	Mozilla	22	$120 MIllion	112
	4	Chad Hurley	Youtube	30	$85 MIllion	3
	5	Angelo Sotira	Deviant ART	26	$75 MIllion	57
	6	John Vechey	PopCap Games	28	$60 MIllion	3914
	7	Alexander Levin	WordPress	23	$57 MIllion	59
	8	Alexander Levin	Image Shack	23	$56 MIllion	36
	9	Jake Nickell	Threadless	28	$50 MIllion	4,275
	10	Sean Belnick	Biz Chair	20	$42 MIllion	72,086

 http://www.retireat21.com/top-young-entrepreneurs/

Bloggers Get Creative to Make Cash

I talked with several publishers making so much from their blog that they left their day jobs. One such blogger – Rhett Butler, founder of Mongabay.com – makes $15,000 to $18,000 a month on his site about rainforest conservation. Such success usually comes from experimenting with ad-revenue models, advertised products and ad positions. It can take several months to find the best model for a particular site.

Of course, drawing big ad money depends more on having a blog with lots of interesting and unique content that draws lots of readers, showing up high in search-engine results for your topic and having ads that pique your readers’ interest. The vast majority of blogs make dimes, not dollars, a day, according to ProBlogger.net.

While the programs are expanding, some bloggers are coming up with their own ways to make money. For instance, Roger Fredericks, a golf pro who sells DVDs teaching golfers flexibility exercises, used to spend $10,000 to $25,000 a pop airing infomercials on the Golf Channel. When the network raised its rates last year, he decided to focus on making money on his Web site.

http://blogs.wsj.com/independentstreet/2008/01/15/bloggers-get-creative-to-make-dough/

From 10 Hours a Week, $10 Million a Year

For anyone inclined to daydream about a Web business that would all but run itself, two other details may be of interest: Mr. Frind operates the business out of his apartment in Vancouver, British Columbia, and he says he has net profits of about $10 million a year. Given his site’s profitable advertising mix and independently verified traffic volume, the figure sounds about right.

There’s much to be admired in Mr. Frind’s entrepreneurial success. But his site, now almost five years old, has some unfinished patches and irritating quirks and seems to come from the Anti-Perfectionist School of Design.

http://www.nytimes.com/2008/01/13/business/13digi.html?em&ex=1200459600&en=b9c0cb998ca49b2a&ei=5087%0A