Believe it or not, Alex Tew, a 21-year-old kid from Wiltshire, England, has earned his first million $ on the Internet in only 5 months !
Alex Tew's crazy idea : www.milliondollarhomepage.com, a billboard divided into 1.000.000 pixels costing only one dollar each and sold in blocks of 10, mainly in the U.S. and in Europe, with a minimum investment of $ 100.
Alex Tew's starting capital : $ 80 for a basic web-hosting package plus $ 1.000 ( borrowed from his parents ) for a press release.
Now, why should a U.S. company buy pixels on this site ?
For the simple reason that it may place ads on the purchased space and link web users to its own homepage for a fraction of usual Internet advertising cost.
‘I don’t believe it, it doesn’t make sense’ Alex Tew told the BBC Interactive News in September 2005. Today his Homepage is a million-dollar-business, CNN calls it ‘an online Times Square’ and Alex tells the BBC :
‘It snowballed. As I made money, more people talked about it and the more people talked about it, the more money I made’ !
‘It snowballed. As I made money, more people talked about it and the more people talked about it, the more money I made’ !