The Weirdest Ways to Make a Fortune
Here’s a creative and unexpected way to make some money:
Domainers, also known as domain name speculators, buy domain names that they think might be desirable to someone else in the future, often generic words or phrases that they can then flip to business for a profit. Brown asked the guy what happened when people emailed those dormant addresses he owned. The guy said, people don’t do that. Brown borrowed a few, 12 in all from two different guys, and it turned out that people, as well as bots, did email those addresses, to the tune of some 200,000 emails a day, 8% from real humans. All of a sudden, he had a business.
“I started sending bounces back, and I put a little tracker inside of it,” Brown told me. “It turns out that 60% of the time, people opened the bounce I sent. That makes it the most read email in the world–that’s more frequent than my mom reads the email I send to her. I said to myself, ‘I think I’ll put a little back-to-school gift-card ad in the body of this bounce.’ And I let it run. A month-and-a-half later, I’m checking the mail and I get a check from the advertiser for $20,000.”
Best line in the article: “A trained Shakespearean actor, Brown credits his experience in the theater with having provided him a mindset for framing startups.”