Thursday, December 31, 2009

How This Kid Made $170 Million in Two Years

Good slide show:

How This Kid Made $170 Million in Two Years

The article breaks it down to these five steps:

Step 1: Create a product that makes a difficult, tedious task easy and fun

Step 2: Choose a market that's really, really big.

Step 3: Develop a business model that actually allows you to, well, make money.

Step 4: Don't pay to acquire customers. Ever.

Step 5: Be a compete stickler about who you hire.


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