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10 Totally Stupid Online Business Ideas That Made Someone Rich
Posted by beshoo | Posted in Business | Posted on 16-02-2009
How to get rich the smart way? Read what some creative people did:
1000000 pixels, charge a dollar per pixel – that’s perhaps the dumbest idea for online business anyone could have possible come up with. Still, Alex Tew, a 21-year-old who came up with the idea, is now a millionaire.
2. SantaMail
Ok, how’s that for a brilliant idea. Get a postal address at North Pole, Alaska, pretend you are Santa Claus and charge parents 10 bucks for every letter you send to their kids? Well, Byron Reese sent over 200000 letters since the start of the business in 2001, which makes him a couple million dollars richer. Full Story
3. Doggles
Create goggles for dogs and sell them online? Boy, this IS the dumbest idea for a business. How in the world did they manage to become millionaires and have shops all over the world with that one? Beyond me.
4. LaserMonks
LaserMonks.com is a for-profit subsidiary of the Cistercian Abbey of Our Lady of Spring Bank, an eight-monk monastery in the hills of Monroe County, 90 miles northwest of Madison. Yeah, real monks refilling your cartridges. Hallelujah! Their 2005 sales were $2.5 million! Praise the Lord. Full Story
5. AntennaBalls
You can’t sell antenna ball online. There is no way. And surely it wouldn’t make you rich. But this is exactly what Jason Wall did, and now he is now a millionaire. Full Story
6. FitDeck
Create a deck of cards featuring exercise routines, and sell it online for $18.95. Sounds like a disaster idea to me. But former Navy SEAL and fitness instructor Phil Black reported last year sales of $4.7 million. Surely beats what military pays.
How would you like to go on a date with an HIV positive person? Paul Graves and Brandon Koechlin thought that someone would, so they created a dating site for HIV positive folks last year. Projected 2006 sales are $110,000, and the two hope to have 50,000 members by their two-year mark.
Christie Rein was tired of carrying diapers around in a freezer bag. The 34-year-old mother of three found herself constantly stuffing diapers for her infant son into freezer bags to keep them from getting scrunched up in her purse. Rein wanted something that was compact, sleek and stylish, so in November 2004, she sat down with her husband, Marcus, who helped her design a custom diaper bag that’s big enough to hold a travel pack of wipes and two to four diapers. With more than $180,000 in sales for 2005, Christie’s company, Diapees & Wipees, has bags in 22 different styles, available online and in 120 boutiques across the globe for $14.99.
9. PickyDomains
Hire another person to think of a cool domain name for you? No way people would pay for this. Actually, naming domain names for others turned out a thriving business, especially, when you make the entire process risk free. PickyDomains currently has a waiting list of people who want to PAY the service to come up with a snappy memorable domain name. PickyDomains is expected to hit six figures this year. Full Story
Fake wishbones. Now, this stupid idea is just destined to flop. Who in the world needs FAKE PLASTIC wishbones? A lot of people, it turns out. Now producing 30,000 wishbones daily (they retail for 3 bucks a pop) Ken Ahroni, the company founder, expects 2006 sales to reach $1 million.
TrustRank is a major factor that now replaces PageRank as the flagship of parameter groups in the Google algorithm. ( Note that a similar system is being used by Yahoo! Search as well ). It is of key importance for calculating ranking positions and the crawling frequency of web sites. It may also extend the grace period before penalties for accessibility and usability problems take place. There is no public information on a TrustRank score of a web site or URL, the only indications of trust are what you can perceive from a user point of view. TrustRank technology was based on the identification of web sites that have been an important resource on the Internet for a long time, web sites that are seen as “authorities” of a certain area of interest, web sites that are historically spam and error free, are provided by a long trusted source, promoted or maintained by a service that is seen less or nearly completely unlikely to show offensive material. The technology uses the most reliable network of references, and is - as PageRank - relying on links for many of its calculations, but also includes a lot of other factors that are next to impossible to be manipulated. Major portals, reference pages, national and international communities, long time conventional media publishers, governmental and educational pages, official pages of institutes, organizations, nonprofit organizations and the longest standing commercial web sites are among those that have been set or “voted” into the position of being a TrustRank hub. The algorithm for calculating TrustRank takes many parameters into consideration, from which the ones that are relatively new to Google ( not covered previously by PageRank and relevance calculations ) are examining linking patterns, the link profile, referral link age and history, and web page history. Trust can be accumulated by means common sense would indicate, including references from people at other trusted sources, refraining from using questionable and borderline business or optimization or methods, having no offensive content or major usability/accessibility problems, overall, “natural” growth and a clean web site history. Note that the TrustRank network evaluates all web pages, thus any and all inbound links carry this parameter ( with the sole exception of sources that are banned or penalized in the Google Index ). The system is currently the closest automatic quality factor, thus one can more or less deduct the impact of a new referrer from the source web site’s popularity, status and quality. The algorithms were based on examining both user and web site behavior, translating common indications of trust and distrust into parameters, and are being fine-tuned constantly for an even higher accuracy in identifying them. Note that TrustRank is a technology that has been patented to utilize the implementation of human reviews, and that both positive and negative trust, while can be accumulated automatically over time, can be and is sometimes overruled by manual evaluation. Trust can be lost if abused, and distrust can be restored with correcting problems and optionally a goodwill request for re-evaluation.
Whether you’re a marketer at a large Fortune 500 company or a small business, search engine optimization (SEO) can be one of the most cost-effective tools for reaching a broader audience and increasing online sales. A solid and persistent search engine optimization program can increase search visibility for many types of content affecting the bottom line:  sales, customer service, recruiting, public and investor relations.








