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And the Money Comes Rolling In [inc.com] Markus Frind works one hour a day and brings in $10 million a year. How does he do it? He keeps things simple.
Shout out to WebmasterWorld on Page 5.
[in 2006] he returned to one of his old Internet hangouts, a forum called WebmasterWorld, and posted a brief how-to guide entitled "How I Made a Million in Three Months." [webmasterworld.com]
Fast forward a couple of years.
He looks down at his desk. There's a $180,000 order waiting for his signature ... you tend to attract advertisers' attention when you are serving up 1.6 billion webpages each month.
Still impressive, congrats Markus!
So I do have to say cheers to you. I am so glad things are going well for you still after a couple years. You did good my man...real good.
Pass some of your luck to me...sure want to get the ol' 1/4 mil per year back myself. Shoulda been up to 2.5 mil by now. Oh well, win some loose some. Off to figure out how to make another penny somehow. Peace my man.
The other extreme is people who take stuff at face value and than try and recreate it or try to understand every little detail and they constantly test everything in sight. These are the kind of people i've found running extremely successful businesses.
Funny you said that, as I was thinking about the reporter and wondering what he took away from the time spent with you other than a story.
Nice job. BTW, what kind of traffic spike did you realize after the Today Show?
I totally agree about optimising separately for read / write. This is the key to my sites speed (albeit it is a low traffic / high db use site).
Nearly all database functions are read only; data, temp files, and session data all run from a ramdrive; database is optimised to be as small as possible with the code performing translation of the data so that fields can be as small as possible.
Just remember that the less moving parts* the faster the site will be.
*Of course SSD is now less of a problem for hard disks speedwise.
[edited by: Frank_Rizzo at 9:45 am (utc) on Jan. 17, 2009]
Maybe would be a good time to sell to match.com then :P
So Markus, tell us how it feels like being at the top? Do you feel the same as you did 6 years ago, or as if work never stops and you're even stressing more.
"As Frind gets up to leave, I ask him what he has planned for the rest of the day. "I don't know," he says. "Maybe I'll take a nap."
Don't know if this is just the writers at INC magazine spinning stories to get more magazine sales, but I can pretty guarantee that most rich folks never relax for too long, because sooner or later their competition catches up and before you know it your at the bottom.
Example is how Match.com has recently launched a free dating site that will compete with POF, you can never relax being at the top, from what I've seen.
BTW, what kind of traffic spike did you realize after the Today Show?
My site was featured on the Today Show this last Spring. We saw a very small increase in traffic that day... extremely small. It did wonders for our brand as we got a lot more advertising inquiries, news write-ups, etc. But traffic-wise, most folks are not online when they watch that show... and hence you won't see a spike right away... But perhaps added visitors for weeks to come trickling in.
I can verify from my own experience, testing AdWords site targeting on POF, that these days Markus's site truly does have a TON of traffic.
The current traffic claims are very credible to me because I have seen it with my own eyes from the advertiser's end of things.
I knew my free site competitors where going to venture capitalists and asking for huge sums of money, and my competitors where claiming to be first movers etc. After posting that check their chances of raising money went to 0. The wall street journal called after reading that post. WSJ article came out, next day the Today Show Called. The next week my total US site traffic was up over 50% and kept on growing.
http:// plentyoffish. wordpress. com/
"I don't listen to the users," he says. "The people who suggest things are the vocal minority who have stupid ideas that only apply to their little niches."
You listen to users more by watching the analytics than actually listening to what they say. Actions speak louder than words. He could sell that site for a fortune to numerous personals sites/companies. It may only make about 2% or less of what some of the big networks make (revenue) but with one person it is quite an accomplishment.
Great success story and incredible to see how he can do it with just a few servers/minimal employees, however I see he has all his eggs in one basket, what if he wakes up one day and finds Google bans his Adsense account? goodbye to his $10m/year.
After a few years @ 10M, it probably wouldn't matter. I'd bet even if AdSense is the biggest revenue generator, there are other sources in there that pay out more than a million a year.