Startup and Entrepreneur News

Entrepreneur shows others ins and outs of network marketing

georgiafeedback — Mon, 04 May 2009 17:55:46 +0000

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

Ebook seller that brings in $400k a year

georgiafeedback — Mon, 16 Mar 2009 21:38:57 +0000

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/

This guys is selling bottled tap water and he is succeedingu

georgiafeedback — Sun, 01 Mar 2009 21:24:25 +0000

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.

How to make money online ?

georgiafeedback — Wed, 28 Jan 2009 06:07:12 +0000

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

How to make money online ?

georgiafeedback — Wed, 28 Jan 2009 06:07:00 +0000

See full Article

http://news.alibaba.com/article/detail/entrepreneur/100044000-1-how-make-money-online.html

Employee’s Idea brings in $1 Million – What the reward ?

georgiafeedback — Fri, 16 Jan 2009 17:47:14 +0000

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?

http://www.inc.com/magazine/20090101/how-hard-could-it-be-thanks-or-no-thanks_Printer_Friendly.html?partner=fogcreek

iPhone fart app pulls in nearly $10,000 a day

georgiafeedback — Wed, 24 Dec 2008 17:44:07 +0000

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/

16 year old who makes $6500 a month

georgiafeedback — Fri, 12 Dec 2008 19:13:04 +0000

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

Bankrate.com Acquires 2 year old blog for $15Million

georgiafeedback — Fri, 12 Dec 2008 19:05:05 +0000

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

http://biz.yahoo.com/prnews/080923/cltu104.html

Make Real Money with your Youtube Videos

georgiafeedback — Fri, 12 Dec 2008 15:33:04 +0000

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