Million Dollar Ideas: Lesson 4 - Think Big

Think Big.

How much does it take to really pay for three years of business school? You bet it isn’t 1 million dollars. But Alex went for the 1 million. Why? Because once you have an idea, and a passion to drive it, you might as well go all out. Reach for the stars. Don’t settle for less. Don’t short sell yourself. And of course, in Alex’s own words "I knew the site had to be 'The Million Dollar Homepage' in order to catch people's attention - anything else just wouldn't cut it, eg. '$100,000 Homepage'. Er... no."

Million Dollar Ideas: Lesson 3 - If you want to succeed, you need passion

If you want to succeed, you need passion

Once Alex Tew decided to run with his idea, he ran all the way. There were people who thought it was a joke, and there were people who called him a silly goose. But he ran with his idea no matter what. He believed in his idea and did not let anyone tell him otherwise. He marketed himself on radio and he sent press releases to local news papers. He risked making a very public ass out of himself by standing for his idea, no matter how silly it is, and pushing it. Its easy to hail him as an "entrepreneur" now that we know he is successful, but can you imagine what it must have been like in the early days? To make an idea successful, you need passion!

Million Dollar Ideas: Lesson 2 - Implement your idea

Ok, so you have an idea. If you want it to go from just an idea in your head to THE million dollar idea everyone is talking about, you have to implement it first. If it is a huge success like the MDH, great! If it’s a modest success, that’s good too. Heck, even if it’s a total failure, you still learn from it. It will be great experience to help you in the future endeavors!