New Internet Millionaires Are Still Emerging

Is the Internet still turning out millionaires? They should be if I can accept them as true with the daily messages urging me to purchase a product assured to make me as obscenely wealthy as the guy seeking to promote it to me claims to be. Some of those people even direct me to screen captures of their ClickBank affiliate accounts or to virtual photos of their bank bills, displaying tremendous balances. Hmm. Can you say “digital editing”? You recognize the old saying: Nobody knows you’re a dog on the Web. That aside, are actual human beings making money on the Net these days? Many declare to be, but whom can you consider?

Recent Millionaires

A Google News search for “Internet millionaires” found some dependable sources. According to the Post-Gazette, in 2000, Manu Kumar from Pittsburgh sold his Oakland organization, SneakerLabs, for a bundle. SneakerLabs, now part of E.Piphany, is an online website where human beings facilitate online meetings.


Only 25 years old at the time, Kumar was stated to have Internet worth $50 million. Kumar, because it turns out, becomes in no way your usual teen. He began memorizing complete textbooks at age 7, promoted musical doorbells in New Delhi at 14, designed a solar vehicle at age 17, and, at age 21, released SneakerLabs on a student visa while at Carnegie Mellon University.

More lately, across the pond within the United Kingdom, Alex Tew, a 22-year-old vintage scholar, made $1 million in 4 months with his Million Dollar Homepage. Tew sold tiny advertisements on his website, which became viral and attracted good-sized traffic following his interview with the BBC. The implausible-looking website online resembles a mag rack containing hundreds of minuscule magazines. ABC News Radio and Reuters TV in Times Square have also interviewed Tew about his various rewarding thoughts.

In 2006, a PR Web press release stated that Tellman Knudson from Vermont had become a millionaire selling online assistance for human beings with Attention Deficit Disorder (ADD). After a string of awful luck and failed groups, Knudson went from broke to millionaire in 365 days, and they have become a multimillionaire in 24 months. Knudson explained his achievement by announcing, “I uncovered the secret is to consciousness carefully by myself abilities. I love the Internet with a passion, and I love helping people enjoy achievement in their personal lives.”

However, Gardner stated that you need to understand one thing. It’s a misnomer to talk about having an Internet enterprise. The Internet is an advertising and transport technique. However, it isn’t a commercial enterprise. If you promote puppy meals, it is an enterprise. If you market it online, that’s an advertising and marketing method. Find a way to download your pet food, which is a transport technique.

Gardner pointed to the 1900s, when human beings made hundreds of thousands of bucks in mail order–any other advertising and shipping technique. People predicted it might die out; however, many years later, humans make money with mail orders, thanks to credit score cards and different advances.

Similarly, Internet advertising has a rosy future. “I accept that theatre human beings in fundamental college who will make 1,000,000 dollars at the Internet,” Gardner predicted. He expects to peer technological advances that we cannot begin to understand now. He considers that there can be even greater opportunities in the future than there have been five years in the past.

“But, given that all people and his canine are attempting to promote something online, doesn’t that imply excessive competition and, therefore, reduced opportunity?” I asked. In reaction, Gardner pointed to the weight reduction marketplace, for instance. Businesses have been promoting weight-loss merchandise for 100 years. We regularly pay attention to humans saying they are not going into the weight-loss industry because the market is saturated, but we see evidence that this is not the case every day. Although the marketplace seems jam-filled with weight-managed merchandise, anyone comes together with a brand-new diet, product, or service and makes a fortune. The marketplace is hungry for brand-spanking new weight loss solutions.

The fitness and well-being enterprise is another excellent instance of a “saturated” market that can pay off large for those who recognize how to maneuver it efficiently. An organization entering this market with a new supplement, diet, or other product could make millions.

Competition and Opportunity

Gardner said that the increasing numbers of people on the Internet deliver more opposition and possibilities. This developing range of humans, coupled with technological advances, affords multiplied opportunities to tap into new that cannot be reached through direct mail, magazine marketing, or television. In his opinion, folks who say there aren’t any opportunities on the Internet are taking a quick-term standpoint. “Over the following five or ten years, there will be Internet advances that we can’t believe,” he mused.

According to Gardner, many are beginning businesses that make six or seven figures in the first or 2d year. Some, like John Reese, become millionaires. Three or four years ago, John Reese offered an information product for $1,000. He made $1million in one day. Gardner likens this accomplishment to breaking the 4-minute mile. For years, humans believed it was impossible to make $1 million in an afternoon. Then Reese broke the barrier. Since Reese’s achievement, many have introduced one million daily online sales. There had been notable product launches that brought in $12 million within 24 hours.

Internet technology has reached a point wherein you could go browsing and find your goal market, the maximum number of individuals probably to buy from you. And, because e-commerce is superior to the point that many humans are relaxed about using credit score playing cards online, these human beings have the capability and willingness to buy.


Alcohol scholar. Bacon fan. Internetaholic. Beer geek. Thinker. Coffee advocate. Reader. Have a strong interest in consulting about teddy bears in Nigeria. Spent 2001-2004 promoting glue in Pensacola, FL. My current pet project is testing the market for salsa in Las Vegas, NV. In 2008 I was getting to know birdhouses worldwide. Spent 2002-2008 buying and selling easy-bake-ovens in Bethesda, MD. Spent 2002-2009 marketing country music in the financial sector.