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Million Dollar Idea, Billion Dollar Genius



It took a total of less than 5 months for Alex Tew, creator of MillionDollarHomepage.com, to make a little over 1 million dollars. He created a website that sold individual pixels for 1 dollar each and sold them in a minimum of 10x10 squares. Calculate that out and you’ll find that the minimum number of pixels that one could purchase was 100, which translated into $100. On those pixels, advertisers could display ads for their company. The site was launched on August 26th, 2005 and gained steam early on. In a matter of days, the money was pouring in from every conceivable company wanting to get in on, what Tew called, a “piece of history.”

Why would anyone want to pay for an ad located on a website full of other ads? Isn’t that ridiculous? No! In fact, the advertising space on MillionDollarHomepage.com was a STEAL! Think about this: the website ranked extremely high on Alexa.com (which ranks websites according to the number of people that visit the page, as well as other factors). MillionDollarHomepage also ranked number one on the “Movers and Shakers” list on Alexa. Advertisers were now able to pay very little for an ad that would be seen by millions of people. Alex Tew also promised that the website would stay online for a minimum of 5 years. That was the icing on the cake for many advertisers. Pay very little for an ad that would be displayed for 5 years? Sounds like a deal to me.

The website, with 1 million pixels filled, was completed on January 13th, 2006. The final 1,000 pixels were sold on EBay for a total bid of $38,100. Selling the final pixels on EBay was just another genius move by Alex.

Tew has said that he came up with the idea while jotting down ways to fund his college education. He was most likely laughed at when telling friends and family of the idea, but decided to go through with it anyhow. Sometimes all it takes is one odd idea, and enough passion and drive to make it happen. As a side note, Alex decided to push back his college education once the website took off. Who can blame him?

That’s how Alex Tew, creator of MillionDollarHomepage.com, got rich.

Visit MillionDollarHomepage.com to see exactly what Tew created. He also has a blog that followed along with his amazing success.

This article is featured in this month's Carnival of Future Millionaires! http://howtomakeamilliondollars.blogspot.com/2006/10/carnival-of-future-millionaires-up.html#links

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