Archive for March, 2008

Millionaires Dating Club

Wednesday, March 26th, 2008

Unless you become a contestant on who wants to marry a millionaire, it maybe difficult to find a man or woman who has to amassed the fortune you are looking for.

Or is it?

Do you want to be part of the fast our growing Social Network for up and coming Internet Millionaires ?

Here at Are You The Next Internet Millionaire you can join the Millionaire Social Network for free.
To date, the internet offers a wealth (pardon the pun) of information for those seeking to strike relationship gold.  This site will not only culminate the best of the best in online dating sites and services, but will also furnish articles and newsworthy blogs that extrapolate on the current tools necessary to land a millionaire that is scouting for love.

Just what does it take to become the Missus of a Donald Trump style tycoon?  Read all about it here, and maybe by this time next year, you and your new sugar daddy will be sailing off in his private yacht towards a Caribbean sunset.

Top Millionaire Dating Sites 

#1

www.DateAMillionaire.com

#2

www.MillionaireMatch.com

#3

www.SugarDaddie.com

#4

www.MillionaireMate.com

#5

www.WealthyMen.com

#6

www.ExecutiveDating247.com

Millionaire Dating 

“for some have entertained angels, unaware…”

I didn’t realize this until recently, but there are a huge number of dating sites geared towards wealthy men and the women who want to love them.

I don’t know why, but a wry gin crept across my lips as I pictured millionaires having just as tough a time trying to find love as the rest of us. This confirmed a suspicion I have long held about the filthy rich.

They are human like the rest of us, they just happen to look more fabulous when waxing poetic about love and loss.

This fact calls to mind a true story of a girl, whom I shall call Virginia, who had a karmic hand dealt her in regards to fortune seeking and basing a man’s worth on money alone.

Virginia was a lovely girl, educated, intelligent and driven, who made a sizable amount of money per year.

She was also very lonely and desperately looking for love. Like many women in her position, she hemmed and hawed about online dating sites, fearful they were filled with maladjusted lonely hearts with whom she’d have nothing in common.

She finally shrugged and took the plunge. Her first time out, she met a wonderful guy. The man was witty, smart, fun, charming and devilishly handsome.

Virginia was instantly smitten, but she had a problem.

When speaking with a mutual friend of ours named Linda, she confessed that she had some reservations about the relationship.

“I don’t know if I can date a fireman,” Virginia sadly replied.

Linda waved a dismissive hand in the air, “Oh, I am sure he will be fine- it is a dangerous job, but he sounds like a keeper. You’ll work through it.”

“No, No, ” Virginia assured, “I am not worried about his exposure to danger, I am worried about the fact that he doesn’t make a lot of money. I make 80 K a year, I want a man who makes at least that much!”

When Linda related this tale, I was flabbergasted. This was a girl who had bemoaned being alone for years and when it came down to finally meeting the man of her dreams, she seriously contemplated tossing his aside because of money.

She broke it off with him, but they maintained a polite and casual friendship.

Some time later, he got engaged and he invited her to his home for the engagement party.

Virginia soon discovered that the man lived in a mansion and was in reality, a millionaire, he only volunteered as a fireman! When she asked him why the deception, He replied, “I wanted to know that the woman I chose wanted to be with me for me, not my money.”

This story details why I will enjoy writing this blog. I hope to show that the man or woman behind the money is just as important as his or her title, and I hope that those who seek to wed and bed such, will keep that in mind.

Are You The Next UK Internet Millionaire?

Wednesday, March 26th, 2008

UK Internet Millionaires List?

RESULTS:   

Here is a list of the top UK Internet Millionaires - do you have what it takes to be the Next UK Internet Millionaire?

Anurag Dikshit £920m Internet gambling

American legal restrictions on online gambling have almost halved Dikshit’s wealth in the space of a year. The computer programmer wrote the software for internet poker site Party Gaming . Dikshit, who lives in Gibraltar, resigned from the board last year. The impact of the US legislation, which targeted credit card payments, cut the value of his stake in the company to about £364m but he has substantial wealth from previous share sales.

Russell De Leon and Ruth Parasol £856m Internet gambling

The US Congress crackdown on credit card payments to online gaming firms was grim news for De Leon, 41, and his wife Parasol, 40. Of all the entries in our list they have seen the biggest fall in their wealth, down £1,160m on last year. The couple own 29.7% of the poker website Party Gaming, which has staff in England and Gibraltar. Their stake in Party Gaming has tumbled to £356m. They sold £436m worth of shares in 2005 and another batch last year.

Duncan Cameron £480m Internet

Moneysupermarket.com, the financial services website founded by Cameron, 35, and Simon Nixon (qv), is valued at £1 billion. The company, based in Wales, expects to make £30m profit in 2006. We value his stake at £474m. He has other wealth.

Simon Nixon £480m Internet

For Nixon, 39, co-founder of the Flintshire-based price comparison website Moneysupermarket.com, dropping out of university proved profitable. Nixon and Duncan Cameron (qv) set up the site and his stake is worth £474m.

Victor Chandler £400m Internet gambling, art and property

Chandler, 56, inherited his father’s UK betting shop chain in the seventies. By 1999 he was spearheading the development of online betting, having moved the business offshore to Gibraltar. The business is worth about £300m and we add £100m for Chandler’s property assets and art.

Vikrant Bhargava £286m Internet gambling

Bhargava, 33, was a co-founder of Party Gaming, the internet poker site that floated in 2005 with a £4.7 billion valuation. The electronics engineer from Rajasthan was a college friend of Anurag Dikshit (qv), the site’s designer. Gibraltar-based Bhargava sold £123m of shares in the float, another £77m last year and a further £49m in January. But anti-gambling legislation by the US Congress led to shares in the sector collapsing.

David Hood £240m Computers, internet

Last year’s flotation of Infoserve on AIM provided former Pace Micro man Hood, 59, with a second quoted investment. Hood is no longer on the Bradford-based Pace board but has a £31m stake. He sold £109m worth of stock in the float and another £92.4m in 2000.

Peter and Denise Coates £200m Bookmaking and internet gambling

Potteries-based Peter Coates, 69, built up the Provincial Racing chain of bookmakers. In 2000 his daughter, Denise, 39, suggested a move into online betting and Bet365 was born. The operation is now easily worth £175m. Coates, who owns Championship football club Stoke City, sold the shops in 2005 to concentrate on the online business, netting about £40m

Andrew Black £190m Internet gambling

Betfair, the London-based online betting exchange founded by Black, 43, and Ed Wray (qv) in 2000, was valued at £1.5 billion when Softbank, the Japanese technology group, took a stake last year. His holding is worth £188m and he has other assets.

Ed Wray £190m Internet gambling

Wray, 39, co-founded Betfair, the online betting exchange, with Andrew Black (qv). Japanese technology group Softbank took a stake of about 20% last year, valuing Wray’s holding at £190m.

Mark Shuttleworth £170m Internet

Shuttleworth’s London-based Canonical last year released Edgy Eft, the codename for its Ubuntu computer software system. It is free, so South African Shuttleworth, 33, has to work out how to make money from it. He sold his internet security firm Thawte Consulting for £400m in 2000 and pledged half to charity.

Michael and Xochi Birch £150m Internet

Teenagers’ voracious appetite for meeting on the internet has been key to the success of the husband and wife team Michael, 36, and Xochi Birch, 35, founders of the social networking website Bebo. The Anglo-American couple created the site in 2005 after they had moved from London to San Francisco. It now claims to have 30m subscribers. Their latest project is to host a UK version of the LonelyGirl phenomenon, the online video diary of an actress posing as a troubled teenager that generated 50m views on YouTube. The Birches are computer programmers by training and in 1999 became self-employed when they realised the potential of transferring their skills to the internet. In 2003, they launched their first social network, Ringo, which they sold to the online networking firm Tickle. Last year the private equity group Benchmark Capital invested $15m in Bebo. In the summer it was reported that Viacom, the US media group, had offered up to $500m, while BT was said to have considered a £300m bid. The couple are not selling but £300m seems a fair valuation and their stake is worth £150m.

Nick Denton £140m Internet

Sent to San Francisco by the Financial Times in 1996 to cover the Silicon Valley dotcom boom, Denton, 40, quit journalism two years later to found First Tuesday, a business networking website, and Moreover Technologies, a provider of news search technology. He and his business partners sold First Tuesday in 2000, reportedly for £25m, and Moreover Technologies in 2005 for £15m. Denton set up Gawker Media when he moved to New York in 2002. Its gossip-driven weblogs such as Gawker and Defamer attract more than 4m visitors a month, have a tiny staff and are funded by advertising. “The one common theme is to take an obsession, say a gadget obsession, and feed it,” says Denton of his weblog stable. We value him at £140m on the back of Gawker’s emphatic success.

Richard Koch £130m Internet gambling

Koch, 56, has a £117m stake in online betting exchange Betfair. He was also behind Belgo, the London restaurant group sold to fellow investor, Luke Johnson (qv). He invested in Zola Hotels, which is worth about £5m.

Julian and Marc Worth £100m Internet

Worth Global Style Network, an online news and information service for the fashion industry, was founded by brothers Julian, 48, above, and Marc, 46. They sold the London company for £140m, collecting £116m for their stake, and have other interests.

Are You The Next Teen Internet Millionaire?

Wednesday, March 26th, 2008

Teen Millionaire

Not so long ago, teen Ashley Qualls lived in a one-bedroom apartment with her mom and sister. But with her computer and savvy business sense she made a better life for all of them.

Do you want to be part of the fast our growing Social Network for up and coming Internet Millionaires ?

Here at Are You The Next Internet Millionaire you can join the Millionaire Social Network for free.

Ashley Qualls doesn’t sound like a typical high school student. Maybe that’s because the 17-year-old is the CEO of a million-dollar business - she is one of a number of up and coming a teen millionaires.

Ashley is the head of whateverlife.com, a website she started when she was just 14 — with eight dollars borrowed from her mother. Now, just three years later, the website grosses more than $1 million a year, providing Ashley and her working class family a sense of security they had never really known.

teen millionaireThis teenage CEO bought her family a 4-bedroom house and built herself an office in the basement.

It all started with capitalism 101, the law of supply and demand. Ashley became interested in graphic design just as the online social networking craze began to catch fire.

When she saw her friends personalizing their MySpace pages, she began creating and giving away MySpace background designs through Whateverlife. The designs are cheery, colorful and whimsical, with lots of hearts, Ashley’s favorites.

She also pulled quotes from popular songs and built backgrounds around those themes. “Teenage girls love quotes,” Ashley says, scrolling through some of her site’s 3,000 designs, more than a third of which she made herself.

Thanks to Ashley’s work ethic and savvy cultivation of her peer group as a target market, Whateverlife began pulling in more teenage girls than a Justin Timberlake concert - about a million a day.  With a big audience, the site attracted advertisers. Ashley’s first check was for $2,700. The next was for $5,000, the third for $10,000.

teen millionaire“OMG Robot” is one of the backgrounds designed by whateverlife.com

At the time, Ashley’s parents were divorced. She and her little sister, Shelby, were all crammed into her mother’s one-bedroom apartment. 

When first the check arrived, her mother was doubtful, wondering if her daughter could really make money off a website.  But Ashley was confident, telling her mother: “No, I really trust this. I think it’s really gonna happen.”

Ashley was right. The checks kept coming and the business kept growing-to the point where she could afford to buy a brand new four-bedroom house for them to live in. Ashley also hired her mother, Linda LaBrecque, to help manage the company.

“You know, when I’m with my friends, I’m still 17.” — Ashley Qualls

It was and has been a bittersweet time for them both. “It’s hard to be a mom and a manager,” LaBrecque says. The roles clash every day, she says, but they manage by keeping a sense of humor.

She’s proud of Ashley. Prior to starting the business, she says, her daughter was too shy to even order a pizza by phone. Now she’s making presentations to business executives.

The job has also made LaBrecque’s life easier, allowing her to quit her job and work from home following back surgery.

But Ashley’s life has become much more complicated. When her business took off, the former straight-A student quit school to concentrate on Whateverlife.

“It’s a busier schedule,” Ashley says. “There’s more to keep track of, whether its finances or employees and making sure everything is up to date and the content is secure.”

teen millionaireAshley has created background designs for songs by popular artists like Britney Spears.

teen millionaireThis MySpace background design includes lyrics from the new Spears song “Gimme More.”

In addition to her mom, Ashley hired three friends to help with the business, teaching them design and then requiring them to make a minimum of 25 designs a week.

Bre Newby says Ashley is a better boss than her past employers. “It’s cool to have your best friend be like your boss,” says Bre, “’cause she’s a good boss. She’s not like rude or it’s not like working at McDonald’s where you have like supervisors and people over you all the time.”

Has the price of Ashley’s business success been the loss of a part of her childhood? She doesn’t think so.

“You know, when I’m with my friends, I’m still 17,” she says.

But time with friends sometimes has to take a back seat to business. On a recent afternoon, her three friends drop by to hang out with Ashley, but they have to wait for her to finish with her business advisor, internet consultant Robb Lippitt.

Ashley and Robb sit on plastic chairs around a white conference table in Ashley’s basement office, the walls decorated with hearts, like a Whateverlife background.

The conversation includes overtures from Hollywood and a possible deal to help promote Britney Spears’s new album on Jive Records.

Ashley has even turned down a deal for her own reality television program. “I’m really stubborn, like my mom,” she says, “So I know what I want from business. And I don’t want that. I like my privacy. I like to hang out with my friends. I don’t want cameras following me around.”

For his part, Lippit says he had concerns about working with a teenager, but Ashley won him over in the first meeting. “She doesn’t sit there and say, ‘I did something well-that’s good enough,’” says Lippit. He says Ashley knows, without being told, that she needs to keep developing her business, or it will stop growing.

Unlike many adults, Ashley has not succumbed to the temptations that new wealth can bring. She pays herself a modest salary of $3,000 a month. Aside from the house, she hasn’t made any other major purchases.

“I don’t even know how to put this,” says Ashley, “But it’s just kind of like the shiny feeling that when you have this money, it kind of goes away after a while.  It gets old, you know.  Yeah, I can go out and buy you know something really cool.  But at the same time I mean I don’t really need too much. I like to invest it back into the business.”

Despite all her success, one thing that has eluded her - something most of her friends already have - is a driver’s license.

“My mom does drive me.  And then my friends drive me wherever we go,” she says, “And I want to drive.  Believe me.  But it’s just been kind of crazy lately.”

It may be the one thing about Ashley’s life that reminds you she really IS still a teenager.

Could you be one of the next internet teen millionaires?

17 Tips on Building a Lucrative Online Business or Website

Wednesday, March 26th, 2008

17 Tips on Building a Lucrative Online Business or Website

The quoted text is extracted from some of Markus’s blog posts as well as interviews over the past few years. All of the specific references are left at the bottom of the post and do visit them to read more, if you’re interested.

  1. Enter the Market at the Right Time. “As for the growth, a think a lot of that was accidental or first-mover advantage. Here in Canada LavaLife was the only real dating site, and they had a monopoly. I had a couple of my friends sign up from the major cities and after that the site just started to grow and spread.”
  2. Free is a Powerful Business Model. “I always liked free sites and couldn’t see why companies had to change insane amounts of money for something that was trivial to make.”“The community was really built by word of mouth. There was a need for a free site and because no one else was providing it, it just grew like a weed. A lot of people just don’t want to pay for dating sites.”
  3. You Don’t Need a Team. “It’s just me right now, my girlfriend helps with some of the customer service stuff when I don’t want to do it. I am planning on expanding into other markets but I don’t think I need to hire any employees any time soon. Nearly all the work can be automated away except for user stupidity that leads to crazy questions.”
  4. Offline Marketing is Not Essential. “Offline promo works well when marketing to huge existing customer base. It does not work well when trying to grow big…Like nearly every other site I sort of ignore offline marketing, as it is far too expensive when you don’t have huge numbers of people in your target market already using your service.”
  5. Success Doesn’t Just Depend on One Thing. “I like simplicity, and I am not a graphic designer at all. Success doesn’t come down to just one thing. Its not like Microsoft can clone Google’s layout and be the largest search engine. Success is a combination of things and having the right idea at the right time.”
  6. Uptime is Just as Important as Innovation. “I redesign my site every couple of weeks so it doesn’t get crushed by the sheer number of users online. As for front-end design I could care less, lots of users are using my site and more are coming every day, my number one focus is making sure the site stays up for another day.”
  7. Create Unique Sites that Stand Out. “Google pays out $500 million a quarter to AdSense users. That money is going somewhere, and if you look at the top 1000 sites not a hell of a lot of them have AdSense.Statistically speaking those sites that have low numbers of users and high EPC [Earnings Per Click] will make the most money. Build sites that no one else has done before, stuff only goes viral the first 1 or 2 times after that you have to buy your way into a market.”
  8. You Need to Have a Rigorous Work Ethic. “When I came home from work I sat down and I forced myself to code for a hour or 2. The enemy was thinking, whenever I paused or started to think I would force myself to type something, its amazing how much you can get done when you just type.For that business its just a matter of repetition and fighting boredom. At the end of the day you just need to sit down and DO it. Most people don’t.”
  9. Site Value and Functions Trump Design. “Function over form to build an emotional connection with the user. Blend ads into content, No flashing crap, make the site useful. Basically all those things that everyone knows you are supposed to do, but very few people actually do.There is no magic bullet, but you should always test new designs or new text etc to get the result that you want. You will never have the worst design and never the best, but through testing you can always improve.”
  10. Think of Monetization Potential Before Starting a Site. “Build something useful, simple in ways that people will use. Explore things like Ad Sense, affiliate programs, and just explore ways of making money. Most 2.0 companies will never make a dime and they’re not built to make a dime.So I would start looking at how to make money before you even design or think about starting a business.”
  11. Don’t be Discouraged With Low Income. “I had a single affiliate program but it didn’t even make $40/month. I went and added Adsense pretty quick, I made a whole $5.63 cents my first month, but that was more then enough for me to realize that I wouldn’t go broke running the site and I could make a business out of this with enough traffic.”
  12. Learn What You Need to Know. “Basically I spent every waking minute when I wasn’t at my day job reading, studying, and learning. I picked out “enemies” and did everything I could to defeat them which meant being bigger then them. I refused to accept defeat of any kind, and I constantly forced myself to test new things.”
  13. When You Have Traffic, Look Beyond Adsense. “The main goal is to start replacing adsense/dating ads and hire sales people. I spent the last few weeks working long days optimizing my ad revenue and as a result adding over a million a year net per week of work.At the end of the day its not possible for me optimize revenues myself or to outsource sales as no one vender could sell more than 3% of my inventory. I am at a size now were there are no off the shelf solutions and everything has to be built from the ground up.”
  14. Know the Limits of Your Business Model. “If I wanted to generate $100 million in revenues per year it would be pretty easy, all I need to do is convert to a paid site. To generate 100 million a year as a free site is virtually impossible as the market isn’t big enough.I’m already the largest player in the UK, Canada, and US. Growing the company another 10 to 20 fold just isn’t realistic.”
  15. Always Have a Goal to Work Towards. “If you are working in a cubicle, your goal may be to experience the world outside of your cage, or stay at a 5 star whenever you want, or to go on vacation whenever you want.For me i’d set my goal to owning the whole resort and the yacht out front and making 100 million a year instead of just millions.Just because you are already successful doesn’t mean you don’t need a goal to work towards. Don’t assume that anyone successful thinks differently then you.”
  16. Success Doesn’t Happen, It’s Created. “Now I know most of the people reading this are aspiring to create a business of some kind. Many will just day dream all day but never actually do anything.I was like that a few years ago, then I finally sat down and did something, and kept forcing myself to do it till it became a pattern and it turned out hugely successful.”
  17. Weigh Your Costs to Estimate Profitability. “In my opinion if the cost of your operations are 2-3 cents a unique visitor chances are plain advertising will bring you to profitability. If your costs are over 10 cents a unique visitor then you will need to sell a product or service.This of course assumes a high traffic site with at least 100k uniques per day. In about 2 years from now we will probably see a 30-50% decrease in operational costs as hardware and software costs continue to fall.”

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Wednesday, March 26th, 2008

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