In today’s economy, with so many companies downsizing and even going out of business, you may be wondering what your next step should be in terms of securing employment. Well, the Internet is certainly an area of business that continues to grow and grow and grow. And people are not only finding ways to stay in business, they are also making real money running internet based businesses. Some are even making millions and others billions. Interested in learning more about these modern-day tycoons? Let’s take a look at who they are and how they did it.
search engines
Sergey Brin and Larry Page, the owners and creators of Google, were estimated to be worth $43 million in 2004. Since then their business has continued to grow and these guys are currently two of the richest people in the world. Its Internet-based information system, Google, is now worth an estimated $155 billion with a share purchase price just over the $500 mark. One of the reasons Google has continued to grow and succeed is that while others stand or fail, it is because their service has been disruptive by constantly changing for the better and creating new ways to drive more and more traffic to your site.
David Filo, who was actually working toward a Ph.D. in electrical engineering at Stanford University, co-founded and developed Yahoo! in 1994 and is currently estimated at $3.12 billion USD. And while competing sites like Google, AOL and MSN are giving Yahoo! A run for its money, if you will, it has managed to remain one of the most powerful and valuable search engines on the Internet through joint ventures and other innovative concepts.
Internet based auction
Pierry Omidyar, a Computer Science graduate and creator of eBay, along with his wife Pam, are estimated to be worth more than $10 billion. Originally called ‘Auction Web’ in its actual inception, the eBay site launched on Labor Day, September 1995, based on Pierry’s curiosity to see what would happen if everyone had equal access to trade in one place. common. It has grown by leaps and bounds since then with extremely high membership numbers in both the buyers and sellers markets, plus major expansions within his corporation as well.
commercialization
Amazon.com founder, chairman, CEO and chairman Jeffrey Bezos launched the site in 1994, having worked as a financial analyst after graduating from Princeton University. He was once quoted as saying, “I’m going to do this crazy thing. I’m going to start this company selling books online.” Well, if madness leads to success, here it is! Bezos is currently worth $3.6 billion and is ranked number 70 on Forbes’ 2006 list of the world’s richest people.
You don’t have to be a genius or even a college graduate to achieve the levels of success these people have. One great idea is all it takes, so follow your dream, work hard and you never know: you could be the next internet billionaire!
