After reading and posting the story about What made a good business man a stronger entrepreneur - A plane crash. I have begun researching my next million dollar idea. As a small business owner and work from home, learning from others is as important as creating my on adventure.

What’s your next million dollar idea?

Learning from the mistakes and be creative.

There were many success stories about stupid ideas making million dollars. One of them are the “Million dollar page”. It’s long gone. There are many many copycats going after the success one and most of them failed. So what does it take to come up such a good and brilliant idea, which end-up making a new millionaire.

Think simple and stupid.

There are many stupid idea that make good profit. One of them is the http://santamail.org/. I cannot believe that people actually use it to send email to kids and friends. A mail from north pole? WOW… The stupid idea become brilliant idea. You only have to work for 2 months or less and make $200K+ a year?

Know what you can do the best in the world.

I am definitely not a good English writer, however, I am a very good researcher and web programmer. Since I quite my day job as Chief Architect and backpack traveling to Asia for 7 months, I have seen a lot of failed business. I don’t want to be one of them. Thinking about the bright side that I won’t do the same things.

For the past 6 months, I have done a lot of research about what to do next. I forgot where I read the blog, it takes a good entrepreneur about 8 months to come up the great idea and put together a business plan. My 8 months mark is getting close. I have some ideas and will be executing them pretty soon.

So what is my next million dollar idea?

Web 2.0 ….

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