Inspiring story - 17 yr old girl makes $70,000/mo online

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and lets not forget, her site is riding the coat tails of myspace. It'll only last as long as myspace, and her forums are really inactive. Once the teen craze with myspace blows over she'll be fucked, and it's probably going to happen soon..
 
Time will tell

I'll bet anyone $10k that she has A LOT of social, family and financial issues in 5 years or less.

I agree. Reading the article I'd bet $10K that she has social, family, and financial issues RIGHT NOW. It sounded like her dad tried to burn her when she argued with her mom and moved in with her dad. From what the article said, she now doesn't even talk to him anymore. You have no arguements here.

She dropped out of high school. I can understand not going to college, but high school is not just for schooling purposes, it also plays a HUGE part on the social development of kids
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She's letting her friends work for her. Bad idea again.
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She's hired her mother. Very very very very bad idea. Especially because of the money issues.
You will find very few people that would argue any of these points with you. However, these are lessons everyone (any age) learns growing up, and in business. Some lessons have to be learned the hard way. It sounds to me like she's had a few hard lessons to learn already (family/money related) and I'm sure there will be more in the future. You are right, Jon, it's not just about how you react to success but how you react to failure that makes you who you are and ultimately makes you either a success or failure.

She's also never failed at business or lost a big investment.

I'm not sure whether this is true or not. We don't really have access to that information, but as time goes by and MySpace fades away (as it's likely to do over the next 5-10 years), we'll see whether she can handle that. From what she has already done (according to the article) to try to diversify her revenue streams and not be reliant on one network for all her traffic, I think she may have what it takes to survive that.
 
That is an awesome story.

I agree.

Those ripping it apart for any reason at all, aren't making $70K a month, they didn't read the whole story because every bitch and whine in this thread was covered (ex. she did get a diploma, she DID learn from hiring friends last year and now has a legal agreement set up, she is very business savvy, etc.).

This girl will move on to whatever is next when she outgrows her demographic. Why? Because she isn't a one hit wonder that's pigeon-holed her success. She calls her own shots, she did this herself, and she worked hard.

No wonder only 5% of people in the internet industry actually make bank. Because the rest refuse to believe that actually working hard every single day and not being a fucktard will get you somewhere.
 
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and lets not forget, her site is riding the coat tails of myspace. It'll only last as long as myspace, and her forums are really inactive. Once the teen craze with myspace blows over she'll be fucked, and it's probably going to happen soon..


Not true. Again, read the article.

She codes her layouts to work on other sites. She avoided obsolesce from the start. And by the time the craze is over, she'll have long since sold out for millions. What will everyone here have in the bank by then?
 
Not true. Again, read the article.

She codes her layouts to work on other sites. She avoided obsolesce from the start. And by the time the craze is over, she'll have long since sold out for millions. What will everyone here have in the bank by then?
No, they only work on myspace (besides the images). The whole site is surrounding myspace, look at it..

Also, her 'magazine': Whateverlife Magazine- Your magazine, your voice! lmao
 
No, they only work on myspace (besides the images). The whole site is surrounding myspace, look at it..

Also, her 'magazine': Whateverlife Magazine- Your magazine, your voice! lmao


From the article:

But he found her to be a quick study and, in many ways, a natural entrepreneur. "She lacks experience, but I was blown away by her instincts," he says. How she makes her layouts compatible with social-networking sites other than MySpace, so her company isn't tied to one site. How she decided to offer her designs as cell-phone wallpaper, creating a new service and revenue stream based on existing inventory. Ashley, he realized, has a vision for Whateverlife that goes beyond a MySpace tools site. It could be a multifaceted community for girls.

And yes her magazine is lacking. For me. But I'm not her demographic. And it just launched not too long ago, so I give her props for sticking to a time line and producing what she promised. She came through with all of the "projects" she said she would.

Do they need tweaked? I think so. But I also believe that will come fairly quickly based on the comments she made regarding the site builder. She isn't resting on her laurels, she is working at improving the site...every day, like she has done for the last three years.
 


LAWL! That's the greatest headline ever. I bet she reads it and feels bad about herself. Just like I read about her and feel bad about myself. :D

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Also, don't forget, regardless of your age, $1M is not as much as you think it is. It can only take you so far, and you can only survive on it for so long.

Huh? She can be making $100k a year based on a conservative 10% return with that $1M.

Are you kidding me?

Think back to when you were 15. To the movies you saw, and your lifestyle and what you considered FUN or funny, or interesting. Compare it to life at the age of even 25 or 26. MUCH different. Your maturity level is higher too (or should be). By comparing Myspace's CEO to this is just stupid. He HAS experience with marketing and business in general for this demographic. He also has a shitload of research and resources to turn to, when it comes to deciding what direction to take something. Why do you think the sports marketing or sneaker industry spends tens of millions of dollars trying to figure out what kids like or what makes them choose one pair of sneakers over another? They've been a kid before. They know what worked for them at that point in time. They have also been in the industry for decades, and yet, they still pay for all of this research and data trends? Why?? Because it's not like they are BFF on their buddylist with a bunch of 15 yr old kids to shoot the shit with about their daily gossip shit and find out what they would buy and what they wouldn't. Things change. Markets change. People grow up and change. Industries change. Marketing changes. Nothing stays the same. That's why.

Of course things are different when you are older. I'm just saying to enter ANY kind of market and succeed it takes research and knowledge of the industry. You don't need to spend millions of dollars on research to figure out what is popular with the "kids" today.
 
This is one of the few times I agree with you Jon, at least on the "attention whore" point. When I read that article on Harrison I wanted to shoot him in the face. I know a bunch of teenagers (since I am one..) making huge bank online. But they don't put there face on the magazines because they aren't douchebags like that Harrison kid. Oh, and because they have friends.

Attention whores will never succeed, period.
 
This is about as inspiration as when Revenue Magazine covered Harrison in their last issue. It's a total joke.

Sure, this girl makes bank with a myspace profile site. Big woop. What happens when she outgrows the demographic? What's she going to do then? Make Myspace profiles for the 18-34 yr old female demographic? Oh yeah, there's a huuuuuuuge moneymaker, sure thing.

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Jon you are completely wrong here. Myspace is here to stay, and so is her site. The fact is new 13 year olds will migrate to he site after her original users leave. The potential for whateverlife (dot)com is staggering and shows essentially no limits. Unlike some shitty pixel site where the growth is limited by the number of pixels myspace's growth is unrivaled, and unstoppable. If I could invest in her site I would. I would say it is worth between 16 to 50 million dollars for a buyout easily based on the revenue, growth, and potential.
 
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