24 yrs old takes in $120,000 anually.

Saw this in the Web. Inspirational story.


http://money.cnn.com/2005/10/19/pf/millionaire/rp_dangelo/


Cheers

 

This story is misleading or poorly written or one of the two. Does he do $150,000 in sales each year or is that profit? It seems to go back and forth (or the writer doesn't get the difference) on that. It says his budget is $4000 a month for expenses. That's ~$50k, year.

 

I'm betting it's just poorly written - it also says he saves 5,000 a month in addition to that 4k budget. That's 108,000 - factor in taxes and it sounds about right.

 

Big whoop - in the glory days of Silly Valley in 2000, I had 30 programmers, most of whom were that age or younger, all getting six figures. Of course they all blew it all on BMW leases...

 

Yea, that doesn't seem like a big deal. I was making that at 24 too.

 

I made 12000 this year and live on ramen

 

Still a good story. Just proof that anyone can succeed in this business with little financial backing to get started.

Wish him the best of luck on his new ventures... though I think it won't be as easy the second time around. The market is much more competitive now...

 

I thought the same, but I didn't want to post it first

 

I always wonder when sites with lower PR and lighter visibility than mine - show up with numbers like that. Is that his pay after expenses? By the numbers stated yes. But doesn't it also talk about ad pay? He probably has MFA sites

 

I think it was referring to the ppc that he uses to get traffic to his site.

I think its definitely a puff piece. According to overture/wordtracker, "poof chairs" or "foof chairs" or whatever, get like 60 searches a day. That's not a whole lot. I can't see the numbers the story suggests from that, personally.

Glad he's doin good, but I don't see it. I know if I had a puff piece on CNN, I'd beg for a link to the site from the story, at least. That's the whole point of getting press. LOL

 

If 100,000+ is a success story, then CNN can get a ton of those from here at DP. Take people like Shawn, Shoemoney, Fryman, etc etc etc and the list goes on. I wish I had the list somewhere.

 

It'd be easier to make a page on my site and title it "poof chairs" - there are only 820 sites competing for the phrase. So a top 10 would not be difficult

 

Ha, I was kind of wondering how long it would take for people to start copying him. Not a bright marketing strategy in my opinion to tell people exactly how you're making lots of money.

 

That's why I don't think he did tell where his money is from

 

Better yet, contact CNN and pay the big bucks for a story on yourself

 

I think this is a bogus story as well. Nothing seems to quite add up. Seems to be a successful attempt at druming up business.

 

Oh, I think it's a real story - but if the kid thought he'd get more business by having a PR agent get CNN to write the article, it probably backfired: now a whole bunch of idiots are going to get in there and compete with him to sell puffy chairs and drive his PPC costs way up.