News Cellar - Making $$ on the Web

Web Address Value Skyrocket

July 22, 2008

1e.jpg 1E chief executive Sumir Karayi negotiated the sale of his company’s rare two-character website address from a bloke in Hong Kong for the bargain-basement price of $600. Only a couple of years later, the address was worth around $750,000.

Karayi says: “At the time we founded the business, there were some websites available and I had a very interesting discussion with a guy in Hong Kong about the one we liked – It’s actually one of the stop messages that Windows has so it’s a geeky kind of name. They weren’t going to release any other two-character websites but I managed to negotiate a fantastic price.”

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Equal Time Spent on TV and Web -7.3.2007 [more]
News Cellar - Startup / Entrepreneurship

What Does "bootstrap a Business" Mean?

Author: Clint Jhonson /
Posted: 01-11-2007

The term bootstrapping is very popular these days for web entrepreneurs and offline businessmen as well. When you bootstrap a business, it simply means that you put up a venture using your own resources without any outside help. A bootstrap is actually a small loop of leather or some other material that can be seen on the sides or the top rear of a boot. Its main purpose is to help you pull your boot on. The concept of a bootstrap has been extended into the business sector to mean "putting up your business on your own terms."

As a web entrepreneur, when you bootstrap a business it would mean that you will carry all the responsibility for financing, promoting and developing your business. You will use your own initiative and resources to put up a business and not seek for outside financing. From the looks of it now, you might think that bootstrapping is difficult. It might be, and it will definitely take a lot of effort on your part. However, if you think of it from a brighter side, you will see how potentially advantageous it is to bootstrap a business. The most obvious advantage is that you do not have to think about outstanding loans that you need to work hard for to pay up. Also, when you bootstrap a business, you focus on your role as a web entrepreneur in providing utmost services to your customers.

Personal Growth - Money

Top 7 Credit Score Secrets

As a former credit counselor, I know that most individuals have a misguided perception of credit and I am here to debunk some common credit myths and provide you with some free information about how to improve your score. Since it is an absolute fact that a higher credit score means better interest rates for car loans, mortgages, and other debts, these tips can translate into a few extra dollars in your wallet each month.

1) Approximately 35% of your credit score is based on past debts that are over 30 days late. This means if for some reason you are going to be late on a payment, do not let it slip past 30 days late.

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Remote home health monitoring to generate $255M in 2011 - 9.5.2007 [more]


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