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