Do You Have A Million Dollar Idea?
I came across a press release by a young British entrepreneur who is trying to build a million dollar business while being confined to his bed.
Richard Stratton worked odd jobs to save money to start his own business. His dislocated hip has kept him hospital and bed bound so, in true entrepreneurial fashion, he taught himself web design and started a new company, The One Big Ad.
Richard’s million dollar idea is to build a popular site, find 100,000 advertisers to spend $10 for a banner that will appear on his webpage. Richard is also having a random draw for $250,000 that one of his 100,000 advertisers will win. According to Richard, “as the site progresses and begins to attract further media attention, the increase in visitors will lead to an increase in clicks making the $10 investment seem very small, particularly with the potential $250,000 prize fund.”
According to his blog, out of the 100,000 advertisers needed, Richard currently has 60.
I do not want to judge whether this idea will work or not but I do want to applaud Richard for his gusto and desire to build something big. Too many times entrepreneurs get stuck in the grind of running a business and focusing on the wrong things. They end up driving themselves into the ground instead of building a real company.
I have always found that when you have a big goal to shoot towards then your decision making becomes a lot easier. Will doing this activity help me achieve my goal or take me further off track? Focus on the initiatives that will support you and do not lose your focus!
Do you have a million dollar idea? I would love to hear it!
Evan Carmichael
Evan CarmichaelYoungEntrepreneur.com Blog Manager
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7 Comments so far
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How about he doesnt copy an idea that has been done like 4 times already. Then it might actually work
I have to say, the words “milliondollarhomepage.com” do ring a bell….
i do think its a good idea considering that he is in hosipital but how many people will really trust his blog?
who knows, www.milliondollarwiki.com is on its way to making this idea a success… again.
Hello
Some nice posts there, why don’t you activate permalinks on your wordpress. This will help your site groom well.
All the best
I applaud the guy for doing something. most people would break there hip and start whining! Whiners never win! bahh!
Graham
I think there are a lot of individuals out there with entrepreneurial spirit looking for an idea that really moves them. Such an idea, one that inspires passion, might make all the risk, hard work, and long hours of starting a business worth it.
It just so happens that I have a lot of ideas. I’ll never be able to use them all, so I started a blog to get them out there. They might not be million dollar ideas, but, then again, with the right supporting elements, they might be.