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Markus
Frind
Founder, PlentyOfFish.com
(Photo courtesy of BCBusiness) |
I found a new article in Inc.
Magazine to be especially interesting because it
illustrates the unlimited opportunities that the
Internet and a good website idea offers motivated
entrepreneurs. The piece by Max Chafkin titled And
the Money Comes Rolling In tells
the amazing story of PlentyOfFish.com
founder Markus Frind who takes in a reported $10
million a year from his wildly popular dating site,
while often working less than one hour a day.
Even more amazing, he essentially runs the entire
operation by himself.
Chafkin wrote, "It's
a 21st-century fairy tale: A young man starts a website
in his spare time. This person is unknown and
undistinguished. He hasn't gone to MIT, Stanford,
or any other four-year college for that matter, yet he
is deceptively brilliant. He has been bouncing,
aimlessly, from job to job, but he is secretly
ambitious.
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He builds his company by
himself and from his apartment. In most stories, this is
where the hard work begins - the long hours, sleepless
nights, and near-death business experiences. But this
one is way more mellow. Frind takes it easy, working no
more than 20 hours a week during the busiest times and
usually no more than 10. Five years later, he is running
one of the largest websites on the planet and paying
himself more than $5 million a year."
If you are looking for some
inspiration at a time when the overall economy is
plunging, Chafkin's article about the Vancouver,
Canada based entrepreneur should do the trick.
Speaking of entrepreneurs -
Terence Chan - a long time domainer who was one of
the first people I met online when I discovered domain
forums in 2002 - has just put a unique portfolio of top
notch .com media domains on the market.
The group includes MediaDirectory.com, MediaForum.com,
MediaBlog.com, MediaCalendar.com, MediaClassifieds.com,
MediaReview.com, MediaJournal.com, MediaForecast.com,
MediaAlerts.com and MediaResources.com. Chan has set up
a cutting edge website at MediaCompanies.com
to showcase the collection. It takes private domain
marketing to a new level so if you are looking for ideas
on how to display your names in their best light,
you will want to check out what he has done there.
(Posted
Jan.
10, 2009) |
