Sunday, February 28, 2010

10 Smart Entrepreneurs Who Found A Way To Make Money Out Of Nothing

Link of the day - If You Sell Links On Your Site, I Will Buy Them Off You



http://www.alchemygoods.com/

Two years ago, Eli Reich was a mechanical engineer consultant for a Seattle wind energy company when his messenger bag was stolen. The environmentally conscious Reich, who rode his bike to work every day, decided that instead of buying a new one, he would simply fashion another bag out of used bicycle-tire inner tubes that were lying around his house. Soon compliments on his sturdy black handmade messenger bag turned into requests. "That was the catalyst," says Reich, who obtained a business license, gave up his day job, and quickly launched Alchemy Goods in the basement of his apartment building. The company's motto: "Turning useless into useful."



http://www.BoomerangBoxes.com

When Marty Metro and his wife added up the number of times each of them had moved over the years, it came out to an astounding 29 times. Metro knew they weren't alone in using massive amounts of cardboard boxes and was convinced he could help movers, businesses and the environment by creating a solution to the cardboard quandary. For now, BoomerangBoxes.com offers an online exchange for those outside the delivery area to link up and exchange boxes with others for a nominal fee. With annual sales projections exceeding $750,000, the company boasts 75 percent-plus gross margins.



http://www.pickydomains.com/

Eugene Gromov is a domain wizard. Software developer by trade, he has accidentally discovered that software companies are having a hard time finding available domains for their new products and services. But coming up with unique, memorable domain names was his hidden talent. After naming domains for others part-time for three years, he was literally forced into going into domain name business full-time. “When I started getting multiple orders a day, I realized that I can’t do it on my own any longer. I needed help”. So he launched PickyDomains.Com a site that aggregates orders for domain names and shares 50% of the profit with people who name domains for him.



http://www.invisiongolf.com/

While golfing with his brother one day, Andy Yocom saw prime advertising space on the flags on the course. He and his brother Timmy reasoned that any marketing messages would get prominent attention if they were placed on the flags, since golfers focus on them when they take their shots. Today, Invision Golf Group has expanded its advertising and marketing services beyond just flags to include whole golf course sponsorship-from banners in locker rooms to advertising on golf carts. The strategy is working: At press time, the sales were standing at $300,000 a year, and the company now has a presence on 142 golf courses in 26 states.



http://knifethrower.com/

Ten years ago, The Great Throwdini (David Adamovich), now 59, retired as a physiology professor, bought a billiard hall and took up knife throwing. Adamovich now holds six world records and performs about 20 solo shows a year. He has performed on Broadway, at corporate events and weddings and on TV shows such as "Late Show with David Letterman" and ESPN's "Cold Pizza." He makes around $100,000 a year for his knife-related ventures, but for $75 an hour Adamovich also offers private lessons at his Long Island, N.Y. home.



http://www.lemonaidcrutches.com/

Leg casts decorated with Sharpie markers are so five years ago. What’s the new must-have item for the injured fashionista? Designer crutches, of course. For Laurie Johnson, founder of LemonAid Crutches, the idea of adding a little pizzazz to the drab world of medical supplies was born out of terrible tragedy. In 2002, a small-plane crash took the lives of her husband and 2-year-old son, and left her with a broken femur that wouldn’t heal. A year later, still in emotional and physical pain, Johnson decided to take life’s lemons and make lemonade. It all started when her sister spray-painted Johnson’s crutches and fabric-trimmed the handles. “I sat there thinking, ‘Oh my gosh, this is so silly, but they make me feel better!’” says Johnson, 46. “I said, ‘If I feel this way, someone else is going to feel this way, too.” And though the designer-crutch business may seem like a small niche, Johnson has big plans for several new projects, such as offering crutches to children’s hospitals. Last year Lemon-Aid brought in just under $150,000.



http://www.recycledseatbelts.com/

Betty Funk's purses, made from used seatbelts, are so strong you can pull a truck with one, as a customer found out when a tow rope proved too short. The purses are so strong, you could whack a purse snatcher into next Tuesday. The strap won't rip, either, if you get into a tug-of-war with a pilferer. After all, the purses are made from material designed to save your life. Some people balk at the prices, which range from $40 to $130, depending on the size of the bag, and can rise to $160 for custom-made bags. But the business is booming. The company has sold close to 1,000 bags so far.



http://www.ustarnovels.com/

Like so many great business ideas Katie Olver’s eureka moment came to her out of a desire to buy something that didn’t exist. She was on the look-out for a personalized novel as a present for a friend, but the only ones she could find were for children. With a little persuasion, she convinced her partner of seven years, Jon Reader, to help her turn the idea into a business, and got to work on setting up U Star Novels, a series of personalized romance novels where the reader is the protagonist. The 2007 revenue is expected to be around $140,000.



http://www.itsyousmall.com/

Ralph Trumbo is neither an athlete nor a celebrity. Nevertheless, he has a bobblehead likeness of himself sitting on his mantel. Bobbleheads, those shaky-headed 3-D caricatures, have jiggled free of their mass-produced roots of an earlier generation. Once merely featureless figures decked out in team colors and handed out on game day, they now depict just about anyone who wants one. Ralph, who graduated from the University of Iowa with a fine arts degree in 2002, has been drawing caricatures since he was a child. He turned that interest into a job making bobbleheads after graduation. He won't say how many he makes beyond ''quite a few.'' Prices range from $150 to $200.



http://www.gaming-lessons.com/

Tom Taylor never expected to be a player in the business world; he just wanted to play video games. But as he got better and better, his passion for competitive gaming--and his desire to share his expertise with others--grew. Last year, Taylor, a top-five rated player in the pro-gaming circuit, started a video game coaching business to help others who wanted to improve their games. "I wanted to offer them a shortcut so they didn't have to go through what I did to learn," says Taylor, who started playing video games at age 7. Running his business, Gaming-Lessons, out of his Jupiter, Fla., home, Taylor draws dozens of clients from middle-school kids to middle-aged parents and from college students to celebrities. His fees? A whopping $65 an hour.

Money for Nothing: Real Wealth, Financial Fantasies and the Economy of the Future

Maximum Marketing, Minimum Dollars: The Top 50 Ways to Grow Your Small Business

The Million-Dollar Idea in Everyone: Easy New Ways to Make Money from Your Interests, Insights, and Inventions

IdeaSpotting: How to Find Your Next Great Idea

How to Make Millions with Your Ideas: An Entrepreneur's Guide by Dan S. Kennedy

101 Businesses You Can Start With Less Than One Thousand Dollars: For Stay-at-Home Moms & Dads

Make Your Ideas Mean Business

More Online Business Ideas

Link of the day - If You Sell Links On Your Site, I Will Buy Them Off You

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Thursday, February 18, 2010

Now, That's A Bright Idea


http://www.pickydomains.com/

PickyDomains.Com is a perfect example of how to turn one’s talent into a profitable business. With ever expanding Internet and tens of millions existing websites, finding an available domain name that’s not already taken by cybersquatters can be a real nightmare.

But one man’s problem is another man’s solution. Rather than to shell out hundreds or thousands of dollars for a domain name on the aftermarket, an increasing number of web entrepreneurs turn to professional “domain namers”.

While most naming agencies charge a non-refundable fee that can be as high as $1500 for a corporate domain, one service that unites 17 professional domain namers from countries like United States, Russia, Australia and New Zealand, decided to offer a risk-free service that costs only 50 dollars per domain.

After 50 dollars are deposited, clients start getting a list of available domain names via e-mail for a period of 30 days. If they see a domain they like, they register it and notify the service about domain acquired. The individual, who came up with the name, gets $25, the other half going to the service. If no domain is registered, the money is refunded in full.

While the idea is brainlessly simple, it appears that PickyDomains.Com has no competition with its risk-free business model. But that is almost certain to change as more people find out that finding available domain names for other people can be a profitable business.

Domain Names: How to Choose & Protect a Great Name for Your Website



The Domain Game

I've Got a Domain Name--Now What???: A Practical Guide to Building a Website and Web Presence

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Sunday, February 14, 2010

Vanity Barcodes

Link of the day - If You Sell Links On Your Site, I Will Buy Them Off You


http://www.vanitybarcodes.com/

It's been more than three years since we wrote about Japanese Design Barcode, with its clever and whimsical UPC designs. Proving that the idea still has plenty of merit, New Jersey-based Vanity Barcodes just launched a similar service to help businesses take advantage of what it considers the little-known marketing potential of the decorative barcode.

Vanity Barcodes offers an ever-growing library of stock barcode designs that are customizable with any unique product UPC or similar code format. Birds, cows, candy bars, paint brushes, books, flowers and purses are all among the standard designs Vanity Barcodes offers, with customized pieces available as well. All codes are pretested for scan compliance to ensure that they work just as well as standard barcodes. Pricing ranges from USD 375 for one barcode design to USD 200 for 10 or more; supported code formats include UPC, EAN, JAN, ISSN, ISMN, ISSN, UCC EAN-128 and GS1-128.

The result, Vanity Barcodes says, is a barcode that goes beyond functional to serve as a powerful brand asset—and it's pretty hard to argue with that, we must confess. One to try out on your own product packaging—or to emulate for specific niches or industries?

For more unusual ways to make money, visit this site

[Via - Springwise]

The Million-Dollar Idea in Everyone: Easy New Ways to Make Money from Your Interests, Insights, and Inventions

IdeaSpotting: How to Find Your Next Great Idea

How to Make Millions with Your Ideas: An Entrepreneur's Guide by Dan S. Kennedy

101 Businesses You Can Start With Less Than One Thousand Dollars: For Stay-at-Home Moms & Dads

Make Your Ideas Mean Business

Link of the day - If You Sell Links On Your Site, I Will Buy Them Off You

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Thursday, February 11, 2010

Aquarium Millionaire Story

Link of the day - If You Sell Links On Your Site, I Will Buy Them Off You


Looking for million dollar ideas? Here is one:

http://www.aquavistainc.com/

Startup Costs: $150,000

Scott Yen loved his pet fish but hated their tanks. “Fish tanks, by nature, are very ugly,” he says. That’s why the 31-year-old was so interested when a friend brought up the idea of creating a more attractive aquarium a few years ago.

Scott intended to design something that would look like a decorative painting. What he came up with was the Aquavista 500, a 6.6-gallon tank that is roughly 4 inches thick and hangs on a wall, secured by a steel bracket. “The whole concept of the Aquavista brand is to take an everyday product and turn it into a piece of art,” says Scott. Customers can choose from more than 24 inter-changeable frames and eight different backgrounds to customize their hanging aquariums.

This novel idea started taking shape in 2003, when Scott came up with a simple design that he took to a local machine shop, which produced the first rough prototype. Scott and his father, Stephen, 64, used their own funds to finance the creation of the product, and they consulted outside engineers who helped them with the overall design and materials. To make the aquarium easy to maintain, they added a wet-dry filtration system, lights, a small LCD temperature display and a heating system. By 2004, they had filed patents and incorporated the company. By the next year, they had located an overseas manufacturer in China. The aquarium, which is designed for freshwater fish, comes preassembled with all the necessary parts.

In 2006, Scott left his job as an investment banker to work full time on Aquavista. “I didn’t know where this would go,” Scott says. “Something told me this was something special when I saw how people reacted to our product.” The company’s unique aquarium is now sold online and through the Hammacher Schlemmer catalog, and Aquavista has distributors in Europe and the Middle East. Scott is also currently in talks with major retailers to carry the product nationwide and projects 2007 sales of more than $1.5 million.

For more unusual ways to make money, visit this site

The Million-Dollar Idea in Everyone: Easy New Ways to Make Money from Your Interests, Insights, and Inventions

IdeaSpotting: How to Find Your Next Great Idea

How to Make Millions with Your Ideas: An Entrepreneur's Guide by Dan S. Kennedy

101 Businesses You Can Start With Less Than One Thousand Dollars: For Stay-at-Home Moms & Dads

Make Your Ideas Mean Business

Link of the day - If You Sell Links On Your Site, I Will Buy Them Off You

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Tuesday, February 09, 2010

10 Totally Stupid Online Business Ideas That Made Someone Rich

Link of the day - Talent Is Overrated: What Really Separates World-Class Performers from Everybody Else

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. 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.

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. Full Story

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.

To see other businesses that have not made the top 10 list but came pretty close, visit Uncommon Business Ideas Blog

More On This Subject

10+ Unusual Ways To Make Easy Money On The Internet If You Love Writing

Startups That Work: Surprising Research on What Makes or Breaks a New Company

Start Your Own Business for $1,000 or Less

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Friday, February 05, 2010

How To Turn Dogwalking Into A Profitable Franchise

Link of the day - If You Sell Links On Your Site, I Will Buy Them Off You

http://www.fetchpetcare.com/

Dog walking is one of those in-between occupations--something you do to get through law school or while waiting for your script to be picked up. That also means it's often a fly-by-night service, where professionalism is the exception. At least, that's what Paul Mann decided back in 2002 when he was looking for a pet sitter in Berkeley, Calif.

"I went through the yellow pages, and I couldn't find anyone I felt comfortable handing my keys or my pets to," he says. "That's when I had my aha! moment."

Soon after, Mann, who had co-founded a high-tech job placement firm and founded a software company, bought a bag full of leashes and launched Fetch! Pet Care. His idea had legs--thousands of them. Within a year, his small company had 1,000 clients served by 70 pet sitters and two full-time dispatchers. In 2004, he franchised the concept, and today Fetch! has 200 franchisees and 5,000 sitters in 39 states, doing everything from taking pups out for a midday poop ($16 to $22 per visit) to boarding dogs ($40 to $50) to driving them to the vet ($15 to $22 each way). Some sitters are even trained in pet massage. This year, Mann hopes to take the franchise international, and partnerships with big names like AAA and Petco mean that Fetch! is bagging a bigger share of the $45-billion-plus U.S. pet-care market.

How did you "professionalize" pet care?
My previous tech jobs focused on systems, how to streamline operations to make them reliable, dependable and maintain costs. I automated all the back-office operations for Fetch!, and that helped us concentrate on building a large staff of professionally trained pet sitters. Within weeks, as chief dog walker of the company, there was more demand than I could handle.

Why did you franchise?
This is a real hands-on business; we're talking about live animals. The business is all about accountability. I wanted people with a stake in the business, not only financially but I also wanted them to put their heart and soul in building a sustainable business. We care for about 50,000 animals and we have to be on time. We're the FedEx of animals: We
deliver the pet-care world on time.

Have people cut back?
Pet care is the seventh-largest retail industry in the country. The estimate is 5 percent year-over-year growth; it defies the economy. Pet parents have to go to work longer and travel more, and they still need pet care. They're turning away from day cares, where their pet can be beat up by an alpha dog, and letting them stay in a safe and comfortable home territory.

Any strange requests?
People have had us cook really nice organic meals for their dogs. We've had a sitter who had to sleep in the owner's bed with three giant dogs. Once, an animal rescuer had to go away and we had to send in a team of sitters to take care of her 25 or 30 dogs. We do everything, even taking care of pet tarantulas.

For more unusual ways to make money, visit this site

[Via - Entrepreneur]

The Million-Dollar Idea in Everyone: Easy New Ways to Make Money from Your Interests, Insights, and Inventions

IdeaSpotting: How to Find Your Next Great Idea

How to Make Millions with Your Ideas: An Entrepreneur's Guide by Dan S. Kennedy

101 Businesses You Can Start With Less Than One Thousand Dollars: For Stay-at-Home Moms & Dads

Make Your Ideas Mean Business

Link of the day - If You Sell Links On Your Site, I Will Buy Them Off You

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