With so many companies cutting back or even going out of business in the current economy, you may be wondering what you should do next to find a job. Well, one area of business that keeps getting bigger and bigger is the Internet. People not only find ways to stay in business, but they also make real money by running businesses on the internet. Some even make millions, while others make billions. Want to learn more about these modern-day business moguls? Let's look at what they did and who they are.
Lookup Tools
In 2004, it was thought that Sergey Brin and Larry Page, the founders of Google, were worth $43 million. Since then, their business has kept growing, and now they are two of the wealthiest people in the world. Google, their Internet-based information system, is now worth about $155 billion, and a share of it costs more than $500. One reason Google has kept growing and succeeding while others have stayed the same or failed is that their service has been disruptive by always changing for the better and coming up with new ways to get more and more people to visit their site.
David Filo, who was actually working on his Ph.D. in Electrical Engineering at Stanford University, co-founded and built Yahoo! in 1994. The company is now worth an estimated $3.12 billion. Even though sites like Google, AOL, and MSN are giving Yahoo! a run for its money, it has managed to stay one of the most powerful and valuable search engines on the internet through joint ventures and other new ideas.
Auctions on the Internet
Pierry Omidyar is the founder of eBay and has a degree in computer science. He and his wife, Pam, are thought to be worth more than $10 billion. When it first started, the eBay site was called "Auction Web." It was launched on Labor Day, September 5, 1995, because Pierry wanted to see what would happen if everyone could trade in the same place. Since then, it has grown by huge leaps and bounds, with a huge number of members in both the buyer and seller markets and a lot of growth within their company as well.
Merchandising
Jeffrey Bezos started Amazon in 1994. After graduating from Princeton University, he worked as a financial analyst for a while before starting Amazon. He was once said to have said: "I'm going to go do something crazy. I'll start this business by selling books online ". Well, if being crazy makes you successful, I say bring it on! Forbes' 2006 list of the world's richest people puts Bezos at number 70 with a net worth of $3.6 billion.
You don't have to be smart or even go to college to have as much success as these people do. One good idea is all it takes to make a lot of money on the internet, so follow your dreams and work hard.
