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Imminent Domaining
The domain name market is a hot investment opportunity for entrepreneurs.
One hundred domains. Sounds like a good, round, impressive number. And 100 felt like a lot for Howard Hoffman, who began snapping up domains like HealthWater.com and SportsWater.com to help redirect web surfers to his bottled water company's site, taking advantage of what's called "type-in traffic," when users just enter words or a guessed-at domain into the browser address bar. Hoffman then went on to purchase cityMagazine.com-type domains, like SantaFeMagazine.com and MontereyMagazine.com. Then he found out just how big his new hobby could get: "I e-mailed or spoke with people who owned a thousand or more domains," Hoffman recalls. Read On >>>
A Perfect Pair
These two college friends use their complementary skills to change the way guys buy pants. A Stanford business school professor taught Brian Spaly and Andy Dunn to think of business in terms of things they didn't like about the world. For Spaly, it was the way his pants fit. For Dunn, it was the way they were sold. So they took their professor's lesson to heart--and revolutionized the men's apparel industry in the process. "Every single aspect of the way our company is designed is a rejoinder to the conventional wisdom of clothing and apparel," Spaly says of Bonobos, the company he and Dunn founded together last year. "We really are trying to innovate for the sake of solving a problem we see in the world much more so than for the sake of creating a company that's worth a lot of money. We get a lot of people in the fashion world who just snicker and smirk at what we're doing and jab at us. They kind of turn their noses up at us. I get fired up about that." Read On >>>
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Adventure Capital
These entrepreneurs found creative ways to invest in themselves--and the dividends are piling up. Elie Ashery had already seen two of his dreams come true. He raised $12 million in venture capital for a dotcom and used the proceeds from its sale to buy his first house. Later, as a serial entrepreneur stuck at a consulting firm, Ashery wanted nothing more than to start again, this time with his own internet marketing business. But, at least in terms of being able to fund a startup, he was flat broke. In 2002, a door opened--the door to an abandoned storage unit. Read On >>>
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75 Green Businesses You Can Start to Make Money and Make a Difference
