Sunday, 16 December 2007

Million Dollar Book

Amazon.com has purchased J.K Rowling’s hand-written book of fairy tales for a boat load of loot.

We’re incredibly excited to announce that Amazon has purchased J.K. Rowling’s The Tales of Beedle the Bard at an auction held by Sotheby’s in London. The book of five wizarding fairy tales, referenced in the last book of the Harry Potter series, Harry Potter and the Deathly Hallows, is one of only seven handmade copies in existence. The purchase price was £1,950,000, and Ms. Rowling is donating the proceeds to The Children’s Voice campaign, a charity she co-founded to help improve the lives of institutionalized children across Europe.

I have no clue if the stories are good or not, but the I really dig the idea of a handwritten book. Visit Amazon.com for more images of The Tales of Beedle the Bard.

Thx to The Short Fat Kid

Wednesday, 12 December 2007

Music Contest Makes a Copy of the 'Million Dollar Homepage' Idea

Like the million-dollar homepage before it, Audio Uprising asks people to buy little advertising plots on a big grid; the twist is that each plot links to a band profile page rather than to a sponsor's website. Each 10 pixel X 10 pixel block on the site costs $10, and there's no limit to how many blocks a band can buy, although they can only upload one song per grouping.

Visitors vote on the bands, and the winner gets between $10K and $50K (depending on how many other bands buy in to the system) plus a showcase concert in their home town. Unlike OurStage, an online music contest that has safeguards in place to stop bands from gaming the system, AudioUprising was designed with the opposite notion in mind, so the winning band will be the one that can pull the most votes towards the site:

Wednesday, 14 November 2007

How to Become a Millionaire: The Story from Ex-Google Masseuse

Bonnie Brown was fresh from a nasty divorce in 1999, living with her sister and uncertain of her future. On a lark, she answered an ad for an in-house masseuse at Google , then a Silicon Valley start-up with 40 employees. She was offered the part-time job, which started out at $450 a week but included a pile of Google stock options that she figured might never be worth a penny.

After five years of kneading engineers’ backs, Ms. Brown retired, cashing in most of her stock options, which were worth millions of dollars. To her delight, the shares she held onto have continued to balloon in value.

“I’m happy I saved enough stock for a rainy day, and lately it’s been pouring,” said Ms. Brown, 52, who now lives in a 3,000-square-foot house in Nevada, gets her own massages at least once a week and has a private Pilates instructor. She has traveled the world to oversee a charitable foundation she started with her Google wealth and has written a book, still unpublished, “Giigle: How I Got Lucky Massaging Google.”

Saturday, 3 November 2007

How to figure out your next million dollar idea

You may ask yourself. I know I want to start a business. But I don’t really have any idea on what type of business I should start. How can I figure out the best idea for my next million dollar business? How do I begin? Here are 22 ways to research your next million dollar idea:

1. Ask yourself – what really bugs you? What are you looking for? What do you need? What is your biggest pain these days that you wish someone can help and solve?

2. Ask your friends – start with people who are around you. What do they care about? What are their pains? What do they need every day?

3. Ask your parents and families – start with people who love you. What do they care about? What are their pains? What do they need every day?

4. Ask your mentor – Do you have a mentor? Mentor doesn’t have to be your friend or family or parents. A mentor is someone you trust. Someone who can guide you on things that you don’t know. A mentor is someone who wants to help you. Ask this person who he/she would do.

5. Magazine / Newspaper – What is on the headline lately? What do people care about?

6. Send out Survey – Ask people that you don’t know. Ask your friend to forward your survey. What are their pains and what they are looking for?

7. Google / Internet – Research on what is the hottest website or blog lately?

8. Book – What is the hottest books these days? And why?

9. Movie – What is the hottest movie these days? And why?

10. News – what is on the news these days?

11. Your hobby – What do you love doing the most? What do you enjoy the most? Can you turn your hobby into money making businesses?

12. Volunteering – Is there any volunteer opportunities in your neighborhood that you enjoy?

13. Small Business Association / SCORE (Counselor to America Small Business) – Go check out these organizations. They will definitely give you good ideas.

14. Organization /Association – Join association that interest or inspire you. Hang out with people that you want to become one day. They will give you ideas.

15. Favorite TV – what is your favorite TV show? Why do you like it so much? Write it down. It will give you some ideas.

16. Idol – Do you have an idol? Why do you like this person so much? Write it down. It will give you some ideas.

17. Favorite book/comic – Do you have a favorite book or comic? Why do you like this book so much? Write it down. It will give you some ideas.

18. Favorite games – Do you have favorite video games? Why do you like it so much? Write it down. It will give you some ideas.

19. Dislikes – What activities or things that you dislike the most? Would other people also hate it? How can you solve this problem?

20. Travelling – if you are travelling somewhere, ask yourself – what kind of products or services would people over there want? Vice versa – what kind of products or services would people from home want from there?

21. Good Cause – What kind of good cause do you support? Why? Write it down!

22. Favorite leader – Do you have a favorite leader? Why do you like this leader so much? Write it down. It will give you some ideas.

Thx to Youngster Inc

Friday, 2 November 2007

Everyone searches for next Million Dollar Idea. Cisco and Microsoft seek them too.

Cisco has launched a contest that promises to make for some very happy winners.

The Cisco I-Prize is a global competition the company said is designed to help it find the next billion-dollar opportunity. The main requirement is that teams must use Cisco's collaboration technologies to develop their projects. The winning team will get an employment contract with a $250,000 signing bonus and up to $10 million in funding over three years to develop the business.

One aspect of the I-Prize venture that's not a surprise is Cisco's willingness to invest in new ideas; it's one of the most acquisitive tech companies around.

Still, at first glance it might seem odd that Cisco sees the need to make such a large, structured outreach effort for new ideas. After all, the tech industry is littered with venture capital events, startups and entrepreneurs constantly pitching new ideas. But Silicon Valley veteran analyst Tim Bajarin said it makes sense.

"I actually think it's a very smart move," Bajarin, president of Creative Strategies, told InternetNews.com. "The key reason you do this as a contest is that it lets you (Cisco) create the rules that strategically meet the needs of the company and grow its business."

Indeed, the company said one of the premises of the I-Prize contest is that ideas "have the potential to bring in at least $1 billion revenue to Cisco over a five- to seven-year period, and submissions must use the IP network as a platform."

And though Silicon Valley and other tech hot spots across the U.S. are swimming with new ideas, Bajarin said he wouldn't be surprised if the winner comes from outside this country. "The probability of it coming from the U.S. might be less than 35 percent given the global reach of engineering innovation."

Marthin DeBeer, senior vice president of Cisco's emerging technologies group, said in a statement that inventors and entrepreneurs in various parts of the world don't have access to funding but have excellent ideas. "We want to give those innovators an outlet and a means to develop their dream."

Submissions are due between now and Jan. 15. Once chosen, up to a hundred semifinalists will present throughout February a more detailed report on the market opportunity and technology that define their proposed businesses. And between March 15 and April 30, the finalists will present their business plans to a judging panel of "industry luminaries" and Cisco senior executives using Cisco's TelePresence teleconferencing system.

Cisco isn't the only tech outfit extending beyond its boundaries. Microsoft last month announced the Startup Accelerator Program, which gives designated startups access to technical and marketing resources inside Microsoft.

Friday, 26 October 2007

How to make money online with social news websites

My favourite Social news website got a PR 7 from Google.
It's also a way to make money online.
I am planning to publish an interesting post how to make money online with social news websites and social bookmarking websites sooner.
Keep track of new posts!

Wednesday, 24 October 2007

Internet Business from Home - How to Achieve Your Million Dollar Goal

Are you planning to get rich? Are you planning to make a million dollar from your internet home business? Do you want to make a killer income from your internet home business? Or you want to murder your job and start your very own internet home business?

If you answered YES to any of these above questions the very first thing you have to do is setup your million dollar goal and approach it step by step creating a simple but realistic plan. You have to first believe that you can do it and then DO IT. The purpose of this article is to show you how to setup your million dollar goal and move towards it step by step.

Step 1 - Write down your income goal?

Step 2 - Write down why you want to make a million dollar?

Step 3 - Setup your long term goal.

Step 4 - Setup your short term goal.

Step 5 - Create an action plan.

Step 6 - Fire, take action.

Lets get into details and start shooting your internet home business million dollar goal...

Step 1 - Write down your income goal?

The very first thing you have to do is write down what amount of money you want to make per year. They write down how much you want to make per month. Do the same thing for per week and finally per day. Write down the income that you want to make on a sheet of paper.

Step 2 - Write down why you want to make a million dollar?

Write down why you want to make this kind of money. Write down all the emotions behind making this amount of money. It could be giving a luxurious life to your family, getting BMW, getting a 75,000 square feet house or anything it may be. Write down everything that you would like to do once you have this kind of money.

Step 3 - Setup your long term goal.

Now write down your long term goal. Your long term goal could be making a million dollar. Write it down.

Step 4 - Setup your short term goal.

Now write down your short term goal. Your short term goal should be...

1. Realistic.

2. Believable.

You can setup your short term goal to make $200 per month. Your subconscious mind will believe it and will work on it.

Step 5 - Create an action plan.

Now write down an action plan to shoot your short term goal. Yes strive hard to make $200 per month from your internet business.

Step 6 - Fire, take action.

Now take action on your action plan. Just keep taking action to achieve your short term goal. For example, your short term goal is to make $200 per month and you achieved it, now edit your short term goal and make it to achieve $500 per month. Keep increasing your short term goal and keep achieving it, this will take you closer and closer towards your long term goal, that is a million dollar. Also keep reading what you have written down in step 1 and 2 every day, this will keep you motivated to achieve your short term goals.

Thx to Murtuza Abbas

Sunday, 21 October 2007

Million dollar idea - Mother invents Secure2Me baby blanket

Mother invents Secure2Me baby blanket that won't fall off baby

Everyone Has New Million Dollar Idea

Tell me if you have experienced this scenario: You have an idea that you are certain will change the course of humanity. Your idea is so revolutionary that people will be beating your door down to get it. However, because of the daily riggers of life, you set your idea on the shelf. A couple of months later, while watching television, you see your idea there. Someone else stole it from you and is profiting from it. Naturally, they just had a similar idea. The difference is that the other individual acted upon that idea as opposed to forgetting about it.

If you are like most people, this has happened to you. Perhaps it has occurred on more than one occasion. As much as this is a disheartening experience, it is good to remember that you thought up the idea yourself. Even though someone else had the same idea, if you knew nothing of it, you mentally created the product yourself. This is really uplifting if the idea turns out to be an extremely successful venture.

It is important to remember that in this scenario, you had a million dollar idea. For those who had this happen a couple of different times, congratulations. You generated a number of million dollar products. This shows that you are entirely capable of having a multitude of wealth generating ideas.

Many people believe that they do not have the capability to develop something of this nature. They feel that the creation of successful products and services is only relegated to an elite few. The truth is that anyone can come up with a winning idea. It happens everyday. Those who typically create things in the manner are regular people who see a need. The major difference is they do something about it. Taking action is what separates them from those who kick themselves for missing an opportunity.

Business coaches teach that a fundamental component of success is to follow this basic formula: find a need and fill it. The more people who have the same need, the more successful your enterprise will be. The largest corporations serve tens of millions of people with their products, thus creating huge revenues. In comparison, a small business will cater to hundreds, perhaps, thousands of individuals. Regardless of the size, the successful businesses fill a particular void in their customer's lives.

Fortunately, today, the entrepreneurial spirit is alive and well within a segment of the our population, Turn on the television late at night and you will see the results of these people's ideas. There are infomercials promoting all kinds of products. These are not ideas generated by the huge “think tanks” at the Fortune 500 companies. Rather, the products offered are the creations of regular people. They are generating terrific incomes off something that was a mental image in their mind.

The human mind is a curious mechanism. It has the power to look at things in a way that is different from what presently exists. Some of the best ideas are not “white sheet” creations. Instead, they were alterations made to existing products or services already in existence. An example of this is the ladders marketed on television. These devices can be folded to fit into a variety of positions. They can be raised, lowered, or set up as scaffolding. Of course, there is nothing novel about the ladder. It is something that existed for thousands of years. Yet someone added to its basic design to manufacture a product that serves a multitude of purposes. This is a wonderful tool for those individuals who have the applications these products serve.

As mentioned, everyone is capable of having ideas of a similar magnitude. Begin by asking yourself, what would make your life easier? If there is an area of your life that is difficult, there is a good chance others are experiencing the same challenges. Can you make something larger, smaller, or easier to use? Is there something that can be altered slightly to serve a completely different purpose? How could you solve some of the daily obstacles if you had unlimited resources? Questions such as these help to focus you mind to see things a bit differently.

Everything that we see around us started at some point as an idea. Someone had a thought that eventually resulted in the creation of the product you know enjoy. Perhaps there were many generations that item went through until it reached the form it is in today. Begin to think in terms of taking something and moving it into its' next cycle.

People have million dollar ideas everyday. Unfortunately, for most, they discount them as silly or impossible. They feel this way until they see the same idea on television a few months later. Believe in the capability of the mind to develop these mental resources. Cherish your ideas. When mixed in with some action, they become the main ingredients for your success.

by Dennis Harting

Wednesday, 17 October 2007

Joke - Send your million dollar idea and a valid credit card to me!

I've found a joking post about new million dollar ideas. Look at this:


Do you have an idea? Do you want to know if it can make you a million dollars…or more? To find out, simply send your idea and a valid credit card to:

Million Dollar Idea Guys
P.O. Box 123
New York, NY 10023

Thousands of people just like you have already joined the high-paid ranks of professional idea thinker-uppers. Don’t let this exciting opportunity pass you by!


Thx to 'Who is the Atomic Blowtorch?'
Be very careful with this joke :)

Saturday, 13 October 2007

Jack Whittaker - another unlucky lottery winner

Jack Whittaker is a businessman who became famous when he won US$315 million in the Powerball multi-state lottery. At the time it was the largest jackpot ever won by a single winning ticket in the history of American lottery. He has garnered even more publicity since his win due to several well-publicized brushes with the law as well as personal tragedies.

Whittaker purchased the winning Powerball ticket at a supermarket in Hurricane, West Virginia, where he had stopped for a deli breakfast sandwich and to get fuel for his car.
The jackpot that day was a US$314.9 million annuity or US$170 million cash. Whittaker chose the cash payment option and received a check for approximately US$93 million after tax withholdings.

He donated $14 million to establish the Jack Whittaker Foundation, a non-profit organization that provides food and clothing to low-income families in rural West Virginia, pledged 10% of his winnings to Christian charities. Furthermore, he tipped the woman who sold him the winning ticket by buying her a house and a new car.

The pressures of his new wealth also caused numerous problems. Whittaker has been arrested several times and has had numerous well-publicized domestic problems.

Finally, he was arrested for drunk driving. If convicted, he could face up to 6 months in jail.

In August,2003 thieves broke into his car near a strip club in Cross Lanes, West Virginia. The thieves went away with $545,000 in cash

In January, 2004, thieves once again broke into his car, this time making off with an estimated $200,000 in cash.

In September 2003, Jesse Tribble, a 17-year-old friend of Jack's granddaughter Brandi Bragg, was found dead in Whittaker's home in Teays Valley, West Virginia. A coroner's report indicated that he died of a drug overdose. Several months later, on December 20, 2004, Brandi, 17, was found dead after a drug overdose. After she had been missing for several weeks, her body was discovered lying under a tarpaulin near her boyfriend's home.

Whittaker is also being sued by Caesars Atlantic City casino for bouncing $1.5 million worth of checks to cover gambling losses. Whittaker is also countersuing them, claiming that his losses were supposed to be credited due to a slot machine he developed and that they in fact owe him money

In January, 2007, a legal complaint against Whittaker alleged that Whittaker claimed that on September 11, 2006 thieves took all of his money. The robbers, according to the account, went to 12 branches of the National City Bank and cashed 12 checks. The incident came to light because Whittaker had not been paying money to a woman who had previously sued him. Kitti French filed the complaint earlier in the week, requesting court costs and money from Whittaker.

On March 26, 2007, Jack Whittaker settled a wrongful death civil suit. The unexpected deal came not long after Whittaker was questioned about whether his money and alleged lack of supervision contributed to the death of 18-year-old Jessie Tribble. Whittaker defended providing his granddaughter, Brandi Bragg, with a $2100-per-week allowance. James Tribble alleges an un-parented Bragg funded the drug purchase that let his 18-year-old son Jessie die of a drug overdose in Whittaker's house. Following Whittaker's testimony, a deal was reached. James Tribble said there was no winner in the suit after the settlement was reported. Earlier Christie Tribble testified that she gave her son $20 just before he died, but thought he was joking about buying drugs.

Story Sources:
Lottery Winner: Thieves "Got All My Money", CBS News
Rich Man, Poor Man, Washington Post
Wikipedia
One wild ride for jackpot winner, USA TODAY

Friday, 12 October 2007

7 lottery winners who lost their millions

Having piles of cash only compounds problems for some people. Here are sad tales of foolishness, hit men, greedy relatives and dreams dashed.

For a lot of people, winning the lottery is the American dream. But for many lottery winners, the reality is more like a nightmare.

"Winning the lottery isn't always what it's cracked up to be," says Evelyn Adams, who won the New Jersey lottery not just once, but twice (1985, 1986), to the tune of $5.4 million. Today the money is all gone and Adams lives in a trailer.

"I won the American dream but I lost it, too. It was a very hard fall. It's called rock bottom," says Adams.

"Everybody wanted my money. Everybody had their hand out. I never learned one simple word in the English language - 'No.' I wish I had the chance to do it all over again. I'd be much smarter about it now," says Adams, who also lost money at the slot machines in Atlantic City.

"I was a big-time gambler," admits Adams. "I didn't drop a million dollars, but it was a lot of money. I made mistakes, some I regret, some I don't. I'm human. I can't go back now so I just go forward, one step at a time."


Living on food stamps

William "Bud" Post won $16.2 million in the Pennsylvania lottery in 1988 but now lives on his Social Security.

"I wish it never happened. It was totally a nightmare," says Post.

A former girlfriend successfully sued him for a share of his winnings. It wasn't his only lawsuit. A brother was arrested for hiring a hit man to kill him, hoping to inherit a share of the winnings. Other siblings pestered him until he agreed to invest in a car business and a restaurant in Sarasota, Fla., - two ventures that brought no money back and further strained his relationship with his siblings.

Post even spent time in jail for firing a gun over the head of a bill collector. Within a year, he was $1 million in debt.

Post admitted he was both careless and foolish, trying to please his family. He eventually declared bankruptcy.

Now he lives quietly on $450 a month and food stamps.

"I'm tired, I'm over 65 years old, and I just had a serious operation for a heart aneurysm. Lotteries don't mean (anything) to me," says Post.


Deeper in debt

Suzanne Mullins won $4.2 million in the Virginia lottery in 1993. Now she's deeply in debt to a company that lent her money using the winnings as collateral.

She borrowed $197,746.15, which she agreed to pay back with her yearly checks from the Virginia lottery through 2006. When the rules changed allowing her to collect her winnings in a lump sum, she cashed in the remaining amount. But she stopped making payments on the loan.

She blamed the debt on the lengthy illness of her uninsured son-in-law, who needed $1 million for medical bills.

Mark Kidd, the Roanoke, Va., lawyer who represented the Singer Asset Finance Company who sued Mullins, confirms her plight. He won a judgment for the company against Mullins for $154,147 last May, but they have yet to collect a nickel.

"My understanding is she has no assets," says Kidd.


Back to the basics

Ken Proxmire was a machinist when he won $1 million in the Michigan lottery. He moved to California and went into the car business with his brothers. Within five years, he had filed for bankruptcy.

"He was just a poor boy who got lucky and wanted to take care of everybody," explains Ken's son Rick.

"It was a hell of a good ride for three or four years, but now he lives more simply. There's no more talk of owning a helicopter or riding in limos. We're just everyday folk. Dad's now back to work as a machinist," says his son.

Willie Hurt of Lansing, Mich., won $3.1 million in 1989. Two years later he was broke and charged with murder. His lawyer says Hurt spent his fortune on a divorce and crack cocaine.

Missourian Janite Lee won $18 million in 1993. Lee was generous to a variety of causes, giving to politics, education and the community. But according to published reports, eight years after winning, Lee had filed for bankruptcy with only $700 left in two bank accounts and no cash on hand.

One Southeastern family won $4.2 million in the early '90s. They bought a huge house and succumbed to repeated family requests for help in paying off debts.

The house, cars and relatives ate the whole pot. Eleven years later, the couple is divorcing, the house is sold and they have to split what is left of the lottery proceeds. The wife got a very small house. The husband has moved in with the kids. Even the life insurance they bought ended up getting cashed in.

"It was not the pot of gold at the end of the rainbow," says their financial advisor.


Luck is fleeting

These sad-but-true tales are not uncommon, say the experts.

"For many people, sudden money can cause disaster," says Susan Bradley, a certified financial planner in Palm Beach, Fla., and founder of the Sudden Money Institute, a resource center for new money recipients and their advisors.

"In our culture, there is a widely held belief that money solves problems. People think if they had more money, their troubles would be over. When a family receives sudden money, they frequently learn that money can cause as many problems as it solves," she says.

Craig Wallace, a senior funding officer for a company that buys lottery annuity payments in exchange for lump sums, agrees.

"Going broke is a common malady, particularly with the smaller winners. Say you've won $1 million. What you've really won is a promise to be paid $50,000 a year. People win and they think they're millionaires. They go out and buy houses and cars and before they know it, they're in way over their heads," he says.


Are you really a 'millionaire'?

Part of the problem is that the winners buy into the hype.

"These people believe they are millionaires. They buy into the hype, but most of these people will go to their graves without ever becoming a millionaire," says Wallace, who has been in the business for almost a decade.

"In New Jersey, they manipulate the reality of the situation to sell more tickets. Each winner takes a picture with a check that becomes a 3-foot by 5-foot stand-up card. The winner is photographed standing next to a beautiful woman and the caption reads: 'New Jersey's newest millionaire.'"


Conclusion

Bill Pomeroy, a certified financial planner in Baton Rouge, La., has dealt with a number of lottery winners who went broke.

"Because the winners have a large sum of money, they make the mistake of thinking they know what they're doing. They are willing to plunk down large sums on investments they know nothing about or go in with a partner who may not know how to run a business."

Bradley, who authored "Sudden Money: Managing a Financial Windfall," says winners get into trouble because they fail to address the emotional connection to the windfall.

To offset some bad early decision-making and the inevitable requests of friends, relatives and strangers, Bradley recommends lottery winners start by setting up a DFZ or decision-free zone.

"Take time out from making any financial decisions," she says. "Do this right away. For some people, it's smart to do it before you even get your hands on the money.

"People who are not used to having money are fragile and vulnerable, and there are plenty of people out there who are willing to prey on that vulnerability - even friends and family," she cautions.

"It's not a time to decide what stocks to buy or jump into a new house purchase or new business venture.

"It's a time to think things through, sort things out and seek an advisory team to help make those important financial choices."

As an example, Bradley says that people who come into a windfall will typically put buying a house as No. 1 in list of 12 choices, while investing is No. 11.

"You really don't want to buy a new house before taking the time to think about what the consequences are.

"A lot of people who don't have money don't realize how much it costs to live in a big house - decorators, furniture, taxes, insurance, even utility costs are greater. People need a reality check before they sign the contract," she says - according to MoneyCentral MSN

Wednesday, 10 October 2007

3 Ways to reach a Success

Many people now-a-days find it difficult to finish projects. Because they cannot bring closure to their tasks they are not positioning themselves to experience significant levels of increasing success in their lives.

There are hundreds if not thousands of things that could actually be contributing to this phenomenon, but the biggest arguably is the vast amount of information that is made available to us on a daily basis.

Having instant access to an unlimited amount of information can be a great asset, but it can also prove to be the “Achilles heel” to your search for success.

At any given time, I have several hundred emails sitting in my inbox clamoring for my attention. If that wasn’t enough my phone most f the time seems to be ringing off the hook! If I go online to do research for a particular interest, I am confronted with hundreds of thousands of possible “answers” to my research question.

So while I might be able to find absolutely anything I want using the internet, I might not have or be able to afford to invest the time that it would take obtain all of the necessary information that I seek form the net.

We can all agree that Information is virtually unlimited for anyone of us. What is not unlimited is our time. This is why mastering focus in our lives is so important. That is why today I want to share with you three methods of making sure you keep your focus and stay on track.

1. Create an Information management schedule system that works for you.
Most people cannot deal with the mountains of information that is dumped upon them on a daily basis because they have not created a system to do so.

For example, you can set a time each day where you are going to check email. Get rid of the junk/spam; respond to any pressing needs, and either read the great newsletters and content that add value to your life OR create a folder where you can place them for later reading.

NOTE: I strongly recommend you deal with your email ONCE. Try to avoid at all costs “touching” an email more than once…answer it, assimilate it (read it and take in what you need) or delete it. If you choose to file your emails, maybe you can set another time during the day where you read emails you filed.

Systemize the way you handle calls as well. Setup a time during the day where you will deal with phone calls that come in. You can even create a voicemail message in your system that tells them exactly when you will be returning their calls to them. At that set time, you can return the calls and people will appreciate that you told them ahead of time when to expect a call back from you.

2. Work on ONE project at a time

I have to admit. I have been guilty of this myself. I have come to learn that there is tremendous power in laser like focus on one single item or project at a time. Too many times we get scattered around doing 7 things at the same time.

Or while in the middle of a project we get our next latest and greatest million dollar idea and we abandon our current project to being working on our new idea…big mistake. Next thing you now a year has passed by and now we have 5 unfinished projects. If we would just focus, we would have finished the first one in 2 months and we can then move on the next one.

3. Create a Mind Map for Your project.

A good way to help keep you focused is to create a MIND MAP of your project. This will help you see the intricacies of your project while being able to get focused on the next step that needs to get done. Mind Maps are great to keep track of your progress while staying focused on the next crucial step in the process.

Wednesday, 3 October 2007

New million dollar idea: Million Euro Wiki

An exciting online-marketing project was unveiled to the public last week, launched with the full support of a number of the blogging community's elite, who have been quick to champion the tremendous potential of the Million Euro Wiki.

All that's left of the MDHP today is a mass of pixels collecting virtual dust. None of the successive MDHP clones have been able to replicate the success of the original - until now. Like the incredibly popular Wikipedia, the Million Euro Wiki is pro-actively marketed and promoted by its users, because each of them has invested a one-time fee of 75 euros ($100) to own a page.

News Image

Users of the Million Euro Wiki choose their own word or phrase as their page's title, and once they have paid the fee, that page is theirs - for life. "Nobody else can edit the page except the owner".

A page on the Million Euro Wiki can be edited just as a user would edit a page in Wikipedia, but the difference with the Million Euro Wiki is that a person's page can be used to promote a website, a blog, an affiliate product or a service.

Users work to drive traffic to their own pages through individual marketing campaigns, while a large portion of the money collected in sign-up fees is used to market the Million Euro Wiki, further driving traffic to the wiki's pages.

The SEO value of the wiki increases exponentially as more users join the community. Every time a new page is indexed by Google, the Million Euro Wiki gains in online authority.

The smart marketers are those getting in early - right now - and buying up popular words and phrases, such as "Business", "Money" and "Affiliates". Users are then able to monetize their pages by selling services or promoting advertising campaigns.

There have been a number of "million dollar" ideas on the Internet in the past two years. The first was the Million Dollar Homepage (MDHP) in 2005. The MDHP (milliondollarhomepage.com) offered Internet users the chance to own pixels on a static homepage, all sold for $1 each with one million pixels up for grabs.

"All that's left of the MDHP today is a mass of pixels collecting virtual dust. None of the successive MDHP clones have been able to replicate the success of the original - until now".

With the interest in the Web 2.0 buzz, Internet users are demanding more - they want to be involved; they want to interact. Online marketing is increasingly focused on communities.

While social bookmarking sites like Digg and Reddit are soaring in popularity, the Internet's leading entrepreneurs are pouncing on the opportunity to generate both online traffic and income with the Million Euro Wiki.

If that isn't enough to whet your appetite, for every 25 pages sold on the Million Euro Wiki, one user wins a 16GB iPod Touch in association with John Cow dot Com, who are also offering a 10% discount when the coupon "JohnCow" is used.

For more information visit Million Euro Wiki FAQ.

Monday, 1 October 2007

Book: How to License Your Million Dollar Idea


We all have great ideas, and every day, ordinary people turn their dimple, clever ideas into products or services that earn them millions in royalties. So what separates those who earn money exploiting their ideas from those who don’t?
The answer is in your hands: this audio book gives you all the information and all the motivation you need to turn your ideas into money without investment or financial risk.

Totally revised and updated, this Second Edition covers recent changes in patent law and how the Internet has impacted modern licensing.

Author Harvey Reese, a successful new product developer, consultant and licensing agent, reveals his proven step-by-step process for formulating an idea that manufacturers are willing to pay for and gives you the nuts and bolts information on patents, negotiating the deal and the licensing process. Filled with examples of successful, well-known licensing ventures, How to License your Million Dollar Idea has all the information and motivation you need to grow your idea into a fortune.

Sunday, 23 September 2007

The Million Dollar Paint Job

Ryan Boldt is a 19-year-old trying to raise enough money for college.

He's a creative guy. In fact, he's hoping to go to the Art Institute of Chicago -- if he can afford it.

Check out Ryan's million dollar paint job!

Sunday, 16 September 2007

How To Get One Million Dollars... The Easy Way

If you're not the creative type, or you haven't quite got the time to get a new idea or invention off the ground, then you could always take the fast track to a million dollars...

Get your own million dollar bills for your own fun & games:

- Traditional-looking bills that look & feel like the "real" thing.

- Near-perfect bills that are printed on currency-grade banknote paper.

- Variety of bills all made to closely replicate "real" money.

If there's just no stopping you, and a million isn't enough, then get yourself some billion dollar bills!

Finally, this million dollar idea might just get you more business... Check out these custom-made million dollar bill business cards.

Saturday, 21 July 2007

Other Million Dollar Ideas

Back in 1998, Neil Strauss came up with a list of million dollar ideas that he thought would eventually make money. Here it is 2006, and the truth is... many of his ideas did, in fact, make someone big money for their inventors.

In 2002, Bob Mook also came up with his own million-dollar ideas. You've got to admit... they're creative, unique, and many of them have potential. You never know, some may catch on -- in time.

Tuesday, 5 June 2007

10 Million Dollar Ideas That Shouldn't Have Worked

1. Million Dollar Homepage

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. 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.

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.

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.

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.

7. PositivesDating.Com

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.

8. Designer Diaper Bags

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. 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.

10. Lucky Wishbone Co.

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.

Source

Wednesday, 30 May 2007

7 Lost Secrets of Success: Million Dollar Ideas of Bruce Barton, America's Forgotten Genius

A new book overview. It seems to me very interesting:

This is a guide to the wisdom of 1920s marketing guru Bruce Barton, cofounder of BBDO. "The Seven Lost Secrets of Success" is the completely updated revision of Joe Vitale's 1992 self published book of the same name. This was the world's first book on the marketing and advertising secrets of Bruce Barton, 1920s celebrity and cofounder of the famous BBDO ad agency. Reprinted 11 times, "The Seven Lost Secrets of Success" has an underground following who consider it an inspirational bible. Besides the seven secrets revealed in the book, it also contains a 1925 sales letter that pulled a 100 percent response rate, as well as rare ads by Bruce Barton.

Author: Joe Vitale
ISBN: 9780470108109
Source

Tuesday, 29 May 2007

Make Your Millions

Making a million is a milestone–the defining moment of success for many entrepreneurs and an attainable goal for those tapped into today’s hottest trends.

Entrepreneurs are keeping their fingers on the pulse of what’s hot in today’s marketplace. They are the trendsetters, the pioneers, the ones to watch as they lead the pack, followed closely by franchisors poised to capitalize on winning ideas and spread concepts nationwide.

1. Fountain of Youth

With the first baby boomers starting to hit 60, America is fighting tooth and nail to stave off the signs of time. In 2004, Americans spent about $44.6 billion on anti-aging products and services, according to Business Communications Co. Inc., an information resource company. But that’s nothing compared to the $72 billion market it’s expected to mature into by 2009.

2. The Sweet Life

The nation’s sweet tooth is becoming more insatiable, driving everything from the franchising industry, where cookies and ice cream concepts are growing categories, to the fine-dining industry, where diners are staying more often for the grand finale.

3. Coffee

Starbucks revolutionized the coffee industry by transforming the beverage into the most necessary of luxuries, but numerous independents and ambitious franchisors have profited from coffee’s popularity and are riding on their own caffeine high.

4. Seniors

While the industry to preserve vitality and youth among baby boomers is thriving, so are the businesses one generation ahead in the senior-care industry.

5. Tech

Calling all geeks: Have you got a mind for technology and a passion for business? This could be the industry for you.

6. Pampered Pets

If you’re a pet lover, consider getting into the fast-growing pet products and services industry.

7. Marketing and Advertising

Companies always need new clients, so if you’ve got a knack for getting customers to buy, think about starting a marketing and advertising business.

Friday, 25 May 2007

Million Dollar Ideas

Treat every customer's ideas as if they are lottery tickets, scratch below the surface and see if you can find a million dollars.

So a customer sends you an idea for your product. Apparently this customer wants to use the product for something that it wasn't designed to do. In fact, you don't like the idea at all.

You want to be polite and the last thing you want to do is tick off the customer by rejecting her idea. You respond; "Thank you for your idea, we will review your idea with our product development team and consider it for a future version of the product"... Knowing full well that you have no intentions of further review, much-less implementing that idea.

I hope the paragraph above is not the way you actually handle customer ideas. Not only is that the easy way of avoiding conflict, it is downright gutless and doesn't help you or the customers.

Let's consider the customer first. She was trying to tell you something about your product. Perhaps it was not meeting her needs adequately, or maybe she really likes your product and would like to expand it's use. At some point she is going to wonder; "what ever happened to my idea?". What if she asks you that question after a few months? Are you going to make up another lie? "I submitted your idea to our product development team, but no decision as been made yet.." , blah, blah, blah... Who is in charge here anyway? You are losing credibility. Can't get anything done. Can't even get a status update on a simple suggestion.

From your company's perspective, maybe you should dig a little deeper. Even with bad ideas. If you just ask, "Why is that important?", you might be able to reveal an underlying problem with your product that all customers are suffering from. Or better yet, you might find that there is a whole new market for your product. Sometimes the original idea leads you to a better understanding of customer needs, and then you find an inexpensive solution that this priceless in value to the customers. Treat your pool of ideas as if there is a "million dollar idea" hidden in the stack, you just have to find it. There could be more than one; its kind-of like lottery tickets, the more you have, the better your chances of winning.

Treat every customers' ideas as if they are lottery tickets, scratch below the surface and see if you can find a million dollars. Whatever you do, don't just throw them away!

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