We all have this idea that you should be smart and work hard to become a millionaire.
At the end of the day, lazy people achieve nothing.
Fortunately, in the age of capitalism, the rules of the game are quite different and
you can get super rich even if you have the dumbest idea possible.
Take an example of Alex Tew who figured out a very creative way to pay back his student
debt.
At first glance, it seems like this idea is so freaking dumb that it would never work
in a million years.
Alex realized, making a million dollar isn’t as difficult as it seems, all he needed to
do is to sell 1 dollar product to a million people out of 7 billion that are walking on
the face of the hearth.
He created a simple website that consisted of a single page with one million pixels and
decided to sell each pixel for a single dollar.
You get the plan.
Buyers could place their images, logos or ads with an option to add a link to their
website.
logoes But you can't do anything with 1 pixel, he
started selling them 10 X 10, with a minimum price of a hundred bucks.
His first customers were his friends and family since he was raising money to pay back his
student loan.
I mean, wouldn't you help your friend!
T Because you have student debt as well.
But after the site made over a thousand dollars, it got the attention of the press who started
writing about it and now everyone wanted a piece of the pie.
So within the next month, the website earned over 250 dollars.
The battle for the last 1000 pixels was so fierce that they were auctioned on eBay and
eventually sold for over 38,100 dollars.
The million dollar Home Page made over a 1,037,100 in 5 months, helping Alex, not only pay back
his student debt but make him a millionaire.
what would you say to someone who plans to become a millionaire by winning a lottery!
Idiot! right? because your chances to win a lottery is 1 in 45 million.
T but that’s exactly what Joan Ginther did.
She won the lottery in 1993 and earned over 5.4 million dollars.
and since she has a Stanford Ph.D. in statistics, she did the math and came up with a way to
win the lottery again.
It sounds like a joke if it was possible to mathematically win the lottery, everyone would
do it, T but it seems like she is the only who could
since she managed to win the lottery for another 3 times.
Her next win came after 13 years in 2006 when she won 2 million dollars.
Of course, it's not as big as her first win, LESS SIGN
so 2 years later she decided she needs to match her first prize and won another 3 million
dollars making her total winnings, 10.4 million dollars.
T that seems like enough money to retire, however
not for Joan, she decided she needs another 10 million dollars to never worry about her
bills again.
In 2010, she won another 10 million dollars and it seems like she has retired since we
haven't heard about her again.
Before we move to our next hero let me just say that I am not encoring anyone in any way
to spend his or her savings on lottery tickets, what Juan Ginther did is truly unique and
unbelievable.
P
however, what you can do is buy a domain for pennies and sell it for millions later on.
I am not sure if that’s going to work now but That's exactly what Chris Clark did.
When he realized that vodka.com was sold for 3 million dollars, he figured out what to
do with the domain he has purchased back in 1994 for just 20 backs.
What was another source of a liability since he was paying the annual fee to keep the domain,
turned Chris into a multi-millionaire overnight!
He put the domain up for an auction and sold it for 2.6 million dollars.
the number of people who got super rich out of ridiculously dumb ideas is way longer than
this video could possibly cover, but you get the picture.
if you come across an idea that looks it would never work because it's simply dumb, it might
worth giving it a shot.
ANd while you are thinking how to win the lottery this year, how about you give this
video a thumbs up and hit that subscribe button, of course, you also can take the extra mile
and click on that bell button.
Anyways, thanks for watching and until next time.