Sunday, September 7, 2008

Making Million Dollars Out of Dumb Ideas

Hi readers,

It has been a very inconsistent past 2 weeks that i contribute to my blog. So, I apologised for my disappearing acts. There are some offline commitments which required my prioritise attentions.
One of them is my Fitness Remedial Training. :)

Anyway, I am going to talk about "Making Million Dollars Out of Dumb Ideas" for this
new blog. This topic has been rather intriquing for me since i felt i am really trapped within a body full of ideas without much financial gains from it.

Albert Einstein has a famous saying,

Imagination is more important than knowledge
With that, it certainly encourages me to keep thinking and coming up with new ideas. Smart ideas or dumb ideas, it doesnt matter.
Today, we want to talk about Making Million Dollars Out of Dumb Ideas. Below is a list of some of the dumbest ideas that other people has already created.

1. Million Dollar Homepage
1000000 pixels, charge a dollar per pixel – that’s perhaps the dumbest idea for online business anyone could have possible come up with. Still, Alex Tew, a 21-year-old who came up with the idea, is now a millionaire.

2. SantaMail
Ok, how’s that for a brilliant idea. Get a postal address at North Pole, Alaska, pretend you are Santa Claus and charge parents 10 bucks for every letter you send to their kids? Well, Byron Reese sent over 200000 letters since the start of the business in 2001, which makes him a couple million dollars richer.

3. Doggles
Create goggles for dogs and sell them online? Boy, this IS the dumbest idea for a business. How in the world did they manage to become millionaires and have shops all over the world with that one? Beyond me.

4. LaserMonks
LaserMonks.com is a for-profit subsidiary of the Cistercian Abbey of Our Lady of Spring Bank, an eight-monk monastery in the hills of Monroe County, 90 miles northwest of Madison. Yeah, real monks refilling your cartridges. Hallelujah! Their 2005 sales were $2.5 million! Praise the Lord.

5. AntennaBalls
You can’t sell antenna ball online. There is no way. And surely it wouldn’t make you rich. But this is exactly what Jason Wall did, and now he is now a millionaire.

6. FitDeck
Create a deck of cards featuring exercise routines, and sell it online for $18.95. Sounds like a disaster idea to me. But former Navy SEAL and fitness instructor Phil Black reported last year sales of $4.7 million. Surely beats what military pays.

7. PositivesDating.Com
How would you like to go on a date with an HIV positive person? Paul Graves and Brandon Koechlin thought that someone would, so they created a dating site for HIV positive folks last year. Projected 2006 sales are $110,000, and the two hope to have 50,000 members by their two-year mark.

8. Designer Diaper Bags
Christie Rein was tired of carrying diapers around in a freezer bag. The 34-year-old mother of three found herself constantly stuffing diapers for her infant son into freezer bags to keep them from getting scrunched up in her purse. Rein wanted something that was compact, sleek and stylish, so in November 2004, she sat down with her husband, Marcus, who helped her design a custom diaper bag that's big enough to hold a travel pack of wipes and two to four diapers. With more than $180,000 in sales for 2005, Christie's company, Diapees & Wipees, has bags in 22 different styles, available online and in 120 boutiques across the globe for $14.99.

9. TruGamerz
Faux-suede padded covers for game controllers and gel thumb pads for analog joysticks? No one will buy that. Forget it. The product proved to be so popular, it got picked up by Target.com and Walmart.com and annual sales new exceed half a million dollars.

10. Lucky Wishbone Co.
Fake wishbones. Now, this stupid idea is just destined to flop. Who in the world needs FAKE PLASTIC wishbones? A lot of people, it turns out. Now producing 30,000 wishbones daily (they retail for 3 bucks a pop) Ken Ahroni, the company founder, expects 2006 sales to reach $1 million.
wawawa, how about these for million dollar ideas ? Dumb are they ? certainly not in financial thinking. THESE are profitable businesses that are already installed and making money.
Ok, now, i am also going to try to have a dig at this. HOW ?
I am coming up with my own PERSONAL LIST OF 10 DUMBEST IDEA for MILLION DOLLAR BUSINESS.
1. DayDreamer - A device that will synchronise your day dreams and recording these valuable thoughts onto its storage. Connecting it to your PC later in the night as you return home from work, you can recollect what your brain was thinking earlier in the day. WHO KNOWS which idea that went thru your head might just be your big break.

2. ThinkCommander - This will be a powerful software for the future. This perfect software is what probably many geeks out there is waiting for this christmas. But no, its not happening yet. The main power for this software will be the possibility of commanding your cursor on the computer thru your thoughts. YES, YOU THINK , YOU COMMAND ! how great it is to finish designing a website by thinking, saving lots of time and less energy consumption on your body.

3. Teleporter - A state-of-the-art future transportation. NO MORE cars, NO MORE co2, GO GREEN, GO TELEPORTING !!!...

4. A-meal-pill - Basically, this product is to attract all the lazy dieters out there or those serious but busy executives or housewives who need a slim sexy body but not having the luxury of time for exercises. This pill is the answer to their desires as well as many business man UNLIMITED FORTUNE !

5. MagneticFoundationHome - Ok, this more of an architectural solution than a product. But this is one of the mind storming idea that one friend offers working on the basis of magnetic theory. This will probably resolve collapsing of buildings due to natural causes like earthquakes.

6. DisposableUmbrella - This is a dream for many workers who does not want to carry umbrella in their handbags or backpack. It looks very ugly too to carry long unfoldable ones and when its wet, why do u want to keep inside ur bags ???...we need this, seriously.

7. DogMatchMakers - I realise the huge population of dog lovers and reckon many desperate owners out there who wanted offsprings of their pampered dogs. But how can they find the correct match without knowing more owners within their estates ? DogMatchMakers will be the answer.

8. BabyTrainer - AH HA ! for those parents out there who requires half hour breaks or so, will certainly vote for this baby trainer. To talk to your baby, play with him, sing him a song, teaches him languages and numbers. A definitely great buddy for your baby to have. BUT remember, nothing beats a parent warmth and TLC.

9. AntiDustCream - Ok, this product was created for those sensitive-nosed home cleaners. Dust as we know gather everywhere in our house. We clean all day, they just keep coming back. The floor is easiest to clean but how about the wall, n the CEILING FANS !!!...Thats where we will need to apply AntiDustCream on. A layer of non-sticky and unconventional surface that repel collection of dust. how good it is.

10. BestWorkers - This is a dream of futuristic robots which we can make use of to replace manpower and work for us. This is what most directors want. Command and control over your staffs. NOW you can. Choose gender, age, facial, height, race and even nationality. We will create one that suits you. Otherwise, let our computer randomly choose an appropriate one for you. No more withstanding staffs' abusive tempers and attitude. Change to BESTWORKERS now.

haha, that finish my list of 10 dumbest ideas for a million dollar business !!!...Hope you like it and
come back to share with me your ideas too.

1 comment:

Financial Journalist said...

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