Milliondollar homepage – a grand idea to finance your studies…(2)

21-yr-old Alex Tew was so successful with his creation that it deserved a DDOS attack and blackmails.
An idea to finance his studies has generated enough money to cover expenses several times over.

The idea reportedly took a mere 20 minutes. The attributes of the money-making idea he was looking for was:

simple to setup & understand
has to have a name to capture the imagination
something that can be set up quickly
no physical delivery required

The idea took shape as he wrote some keywords, and 20 minutes later – eureka….let’s sell pixels! Domain name and a basic webhosting package snapped up that very nite.

And as in any business, he started by selling to people close to him – friends and family, the first USD1K in sales.

That was reinvested for more publicity – a press release. More awareness gave more exposure and investors more faith – and it snowballed. More money + more exposure had an exponential growth effect on profits.

It took only 4 months and 2,000 customers to reach the USD1m goal.

Smart move: employed a press officer to generate publicity and sales in the US – he spent a week doing interviews there.

The last 1,000 pixels sold via auction on eBay. The unbelieveable >USD100K (and growing fast) bidding price made it clear that demand has outstripped supply – every businessman’s dream come true.

Alex says critical success factors to his idea are:

power of word of mouth
story of a student making a million fascinated the media

His advice to others:

have faith in your creative mind
take calculated and affordable risks
take failure positively – treat it as a learning process

This success has generated another money-making idea: sell the resulting image as poster prints.
Unsurprisingly, has generated copycats, but none are as successful as the original.

His final words brings some comfort for the rest of us: