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Miscellaneous Ramblings – I’m Rich Edition

written by John Chow on May 2, 2008

How to make $593 in less than one hour

World’s First $2 Billion House

For most people, their house represents the bulk of their net worth. However, this rule doesn’t apply to Billionaires. And when you’re worth $43 billion, like Mukesh Ambani is, you can afford to spurge a bit for a crib.

Mr. Ambani was a feeling a need for more space in his new place and decided to build his house on top of his 22-story Mumbai Tower. When completed, the residence will reach 550 feet into the sky and offer 400,000 square feet of living space. Total cost: $2 billion.

Kind of makes Bill Gates’ $125 million home look like some sort of slum. Check out what kind of house $2 billion buys.

Dot Com Lifestyle Rules

Fellow Dot Com, Stephen Fung, retired from the work-a-day life two years ago and as it often happens when one no longer has to keep track of the calendar, he forgot his retirement anniversary. Don’t worry about it Stephen. I forgot your retirement anniversary as well.

Mostly Lisa’s $100,000 Backend Advertising

Inspired by my speech at WordPress Camp, Lisa Bettany has came up with a very innovative way to make money online. Canada’s sexiest blogger is offering “Backend Advertising.” The cost is only $100,000. Any takers? I personally feel Lisa can get more money by going to a “per cheek” pricing model.

Twitter In Plain English

Have you been wondering what all the fuss over Twitter is about? Well, Michael Kwan dug up this cool video that explains it in plain English. If you haven’t already done so, follow me on Twitter.

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{ 58 comments }

JM May 2, 2008 at 8:45 pm

Nice idea. Another unique way to advertise “Backend-advertising”.

Chris Jacobson May 2, 2008 at 9:55 pm

Do we get to see the backend in the buff before we make up our minds on whether to buy advertising or not? :razz:

MR. NICE GUY May 3, 2008 at 6:07 am

Hahaha her butt costs that much…what a blogger. Her blog is great. I like it very much.

nerissa May 4, 2008 at 12:14 am

“Backend-advertising”.help allots specially to a new marketers who just start up there business. As well as innovation of the company.

Chetan May 2, 2008 at 8:52 pm

Haha $100,000 advertising space :D :P

Btw Mr. Ambani’s home news is a very old one, and the construction has started already!

Michael May 2, 2008 at 8:56 pm

That Twitter in Plain English video was created by Commons Craft. They’ve also got some other great videos explaining complex things in a simple way so that everyone can understand – http://www.commoncraft.com

Mostly Lisa May 2, 2008 at 9:13 pm

per cheek hmm. i like your thinking! 2 > 1.
ps. i’m strangely distracted by your dancing love bananas. chachacha!

Terry Tay May 3, 2008 at 5:05 pm

Perhaps you should take a page from the dancing banana book and create an animated gif image of your butt ad doing the cha cha cha :wink: Shake that money maker :lol:

Not that that butt doesn’t get a lot of attention as it is now :wink:
~Terry

Stephen May 2, 2008 at 9:13 pm

I’d like to tap that…Ad! :mrgreen:

John Chow May 2, 2008 at 9:56 pm

And the butt jokes begins. :twisted:

MR. NICE GUY May 3, 2008 at 6:11 am

John you can also sell your butt hahaha. Lisa’s butt is very expensive. :grin: :grin: :grin: :grin: :grin: :grin: :grin:

david cheong May 2, 2008 at 10:36 pm

Seriously, $100,000, wooo, thats cool.

Thiago Prado May 2, 2008 at 10:40 pm

- Instead of spend $2 Billions in a mansion this billionaires should use their money in better causes like decrease the poverty in Africa.
- I wouldn’t advertise in the butt because it’s too flat. I like rounded ones.
- The video was really interesting. Simple and informative.

John Chow May 2, 2008 at 11:12 pm

Before you criticizes someone for not using his money to decrease poverty in Africa (or give to any charities), ask yourself how much you have given. If the answer is zero, then you have no right to criticize. And for your information, Mr. Ambani gives 100′s of millions every year to charities. If he wants to spend $2 billion on a house, I say more power to him!

Conservatives and Normals May 3, 2008 at 6:11 am

Man, after donating hundreds of millions of dollars, all he has left is enough money to buy anything he or his family could ever want… What a sacrifice.

Conservatives and Normals May 3, 2008 at 6:16 am

And yes, I donate my time and money to charities, and I don’t even own 1 house yet. I’m not saying there is anything wrong with buying a 2 billion dollar house, or a 100 billion dollar house for that matter, but billionaires don’t impress me when they donate millions of dollars, it’s like they dropped a penny out of their pocket, yet we praise and give them all the publicity they want.

nerissa May 4, 2008 at 12:19 am

Your right,Why we need to buy 2 billion dollar house,when we know that there are allot of person need a shelter,lot of people who don’t eat in they cant sent there self to school because of poverty.

Thiago Prado May 3, 2008 at 7:45 am

I criticize because even though I make little money I donate money to poor people in Brazil to buy food and stuff.
Spend too much money in house that he isn’t even gonna use 1/10 of the space is a quite waste of money. Doesn’t matter how much money he makes, he could save so many lives with this money.

Joke Cricket May 3, 2008 at 9:06 am

Reliance Industries is a big name in India and Ambani brothers are not like others they do spends money in charity.

Raul May 2, 2008 at 11:09 pm

I think Lisa’s advertising model is good but can be improved with your “per cheek” strategy.

MItch Baldwin May 2, 2008 at 11:23 pm

In response to Twitter info.

@CoachDeb and @WarrenWhitlock are coming out with the Twitter Hanbook, here’s a link to their blog. http://www.twitterhandbook.com

@MitchBaldwin

Mike Huang May 2, 2008 at 11:59 pm

I wonder how “SEXY” Canada’s top blogger really is? :P

-Mike

Paolo U May 3, 2008 at 12:58 am

I like to hold that ads.

Norhafidz May 3, 2008 at 1:26 am

Would like to ‘be the ads’ :twisted:

Binh Nguyen May 3, 2008 at 1:51 am

Does Twitter make you any richer? Or is it just for your real close friend who would be interested in knowing what u r doing? Not about commercial, right?

Conservatives and Normals May 3, 2008 at 6:18 am

Yeah, that Twitter ad made me feel like it was geared for 12 year olds. “Update: 0918; I just farted”

Barbara Ling May 3, 2008 at 2:38 am

That reminds me of all the eBay auctions that ranged from “Advertise on my Chest” to “Advertise on my Bicep” to “Advertise on my Pet” to…. very creative ideas indeed.

I personally liked the advertisements that were put on top of warehouse roofs close by the airport – everyone flying in on a plane would see them.

Enjoy,

Barbara

broalex May 3, 2008 at 8:01 am

:mrgreen: Haven`t tried twitter yet , must give it a try.

Anyone that would have that kind of money (43$ billion) would spend some on a nice crib to impress his girls. ;)

team ray May 3, 2008 at 9:04 am

you would think 43 billion would be enough to impress them :oops:

team ray May 3, 2008 at 9:02 am

excuse the girl and back to thread at hand.

2 billion for a house wtf wtf wtf wtf wtf wtf wtf wtf wtf wtf wtf wtf

Joke Cricket May 3, 2008 at 9:15 am

Twitter Video is great..thanks.

Ari Lestariono May 3, 2008 at 9:35 am

Dear John,
I learnt so much from your blog,I know it must be hard working to build up link from scratch and make steady income 5 figures per month,I hope to learn more with your techniques,I am only newbie and looking forward to progress more each day.

Regards,
Ari

Conservatives and Normals May 3, 2008 at 10:51 am

Ari,
I think John would have this advice to say for beginners. Branding: Make your website or blog your own. Don’t attach “blogspot” onto it. You’re just giving them free publicity. Get hosting from Bluefur or my favorite, BlueHost, and then upload your blogging software to their server. This will separate your website from the others, well, at least it’s a start! Secondly, work on grammar. People will not read what you’re writing, even if it’s the secret to life, if the grammar is poor. Good luck!!!

HeHeHunter May 3, 2008 at 9:53 am

Why would you need an expensive house that cost $2 billion anyway? :razz:

John Chow May 3, 2008 at 10:55 am

You need one when you’re worth $43 billion? :mrgreen:

HeHeHunter May 13, 2008 at 12:51 am

The house already cost 1/21.5 of $43 Billion.

John, I wonder when you will have such luxury. I hope you will invite me by then. :mrgreen:

HeHeHunter May 3, 2008 at 10:00 am

$2 Billion VS $135 Million is a huge win by the way.

I wonder what will Biil Gates do.

Siddharth May 3, 2008 at 10:00 am

Today when I was reading this story in my newspaper I wasn’t aware that this will be that big. Off course Mukesh is building the most expensive home ever. But I think, a big house in area with greenery will be better than a tall one. But where will you find land in Mumbai for that? :mrgreen:

Paul B May 3, 2008 at 11:04 am

I was going to do that same type of advertising on my Speedos. I have room for 12 1inch characters if anybody is interested?

Clickusername May 3, 2008 at 11:33 am

so I guess there will be a discount after a cold swim?

make150aday.com May 3, 2008 at 11:20 am

I think thats a joke–referring to the ad on the butt.
How about on the front or on the bra–may be thats coming next, and should fetch even more $$.
Sometime ago there were pregnant women selling ads on their bellies. Saw them on yahoo.

What can i say–Another way to market your blog–Good Luck.

Affiliate Confession May 3, 2008 at 1:08 pm

I saw this house in Forbes Magazine at B&N. Insane, who in the world needs 400,000 square feet to live in?

Thiago Prado May 3, 2008 at 1:56 pm

Maybe he’s gonna use the house to play hide and seek with the kids.

XLOR May 3, 2008 at 2:01 pm

Very advantageous offer by Lisa.
I think everybody must think about it))

Terry Tay May 3, 2008 at 5:09 pm

After seeing Lisa’s “Backend advertising” I have NO CLUE what the rest of this post is about. Sorry John, I was completed distracted and couldn’t read your post.

btw…Can I borrow $100,000? :lol:
~Terry

Flimjo May 4, 2008 at 8:37 pm

I wish the ad had shown . . . a bit more.

broalex May 3, 2008 at 5:16 pm

:mrgreen: Guys don`t you sometimes give away stuff you don`t need?! … That stuff for Mr. Ambani is unfortunatelly money :D It is simply too much !! $43 billion could feed around 50 generations so why not buy a nice place to live with your family and loved ones? :D :D :twisted:

Abhishek Kumar May 3, 2008 at 6:40 pm

This shows, rise of India as a big economic power. In Forbes richest persons list, in first top ten positions 4 slots are acquired by Indians.

CBOE History May 4, 2008 at 12:29 am

Sick house! It must be nice to be that rich huh?

Yeah, a 2 cheek pricing model would make more sense. She’s so skinny that she may only have 1 though.

:O)

Sha May 4, 2008 at 7:51 am

I heard about that house last month or the month before. That’s ridiculous.

As for the ad idea – genius. It just gave me a different advertising idea…

Affiliate17 May 4, 2008 at 5:56 pm

Yeah it just goes at least one billionaire likes to live it up a bit.

Flimjo May 4, 2008 at 8:36 pm

Nice to see what big money can bring. It certainly inspires me to GET MOVING. Although . . . I don’t need a $2 billion house. :mrgreen:

Syed Balkhi May 5, 2008 at 5:32 am

I think he is thinking long term in saving money for party reservations and such :P hahahahha lol

or maybe just trying to be more convenient … no more going to the hotel and coming back home drunk…

Affiliate Confession May 5, 2008 at 4:19 am

I don’t remember my exact retirement anniversary, but it was some time in April, three years ago. I love the work at home lifestyle.

Syed Balkhi May 5, 2008 at 5:21 am

I like that 2 Billion dollar house … wondering why in Mumbai ?? I would rather have it in more of a quieter place .. Mumbai is too busy and crowded

Johnny C. May 5, 2008 at 10:47 am

As far as some comments, I don’t understand why some people who are against making money spend so much time on a making money blog.

Affiliate17 May 6, 2008 at 9:32 am

This is really nice. Obviously we as affiliate marketers cannot reach this amount of income. However if we take our earnings in affiliate marketing and invest in the right places we can get somewhere. How did Prince Alwaleed Bin Talal get rich from a $30K loan? He invested in the right places and now hes worth $29 Billion. The stock market is a great place to invest. Anyways for now we’re in affiliate marketing.

Financial Jesus May 14, 2008 at 10:13 am

I have actually never used Twitter or not even been to their website, but I agree the video makes a lot of sense and clears some stuff up that I wasn’t really sure about before. I wonder how long will it take before I give up and register at twitter… :grin: