People are still buzzing about millionaire college student, Alex Tew. Tew is the creator of the milliondollarhomepage.com.
For those who don't know much about Tew his project began by raising money for his college tuition and ended up making 1 million dollars in just 6 months selling pixels as ad space on his website. You can find more on his story entrepreneur.com.
This leaves many thinking while it's still very hard to make a good amount of money on the internet in a short amount of time it is still possible to do it starting from scratch. But don't be fooled, you will not make it without any effort, spending time and money. You'll will need to spend money (a lot of it) to recreate Alex Tew's results.
Unfortunately, the media made Tew's process seem incredibly easy and even sugar coated much of it. Most people think he slapped up a website and began racking in thousands of dollars in just a few seconds. One thing which lead to Tew's success was his ability to market his site and the media attention it received as a result. Internet marketing is a crucial skill for any webmaster. You can have the best site in the world but if no one knows it exists you will never make any money.
Another result from all the fame and wealth website received were clone websites which sprang up all over the net hoping achieve the same results. People saw a young college student racking in all this money so they thought "if he can do it I can too." While following in the footsteps of successful people is good, blatantly copying them is not. None of them ever did achieve the level of success Tew did because the idea had already been done.
In-order to make sense out of all the online money maddness you need to keep in mind while it's a good motivator to have massive profits as your goal when starting an online business it is incredibly hard for the average webmaster to achieve millions within their first year online. You stand a better chance of winning the lottery than trying achieve the million dollar mark. Lower your short term profits goals down to a more realistic value and than increase them once you reach them. You can make one million until you know howto make one dollar.
Also, Keep in mind, Tew's success was born from a very original idea no one had ever thought of, months of preparation and past expeirence to fall back on.
Tew's advice for people just starting out is: "be prepared to fail, be creative, make sure there is money in the market your going after, never give up." If you want to learn more about how Tew accomplish his amazing entrepreneurial feat be on the look out for his ebook which is due out this August.
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