Business Inspiration – How To Make Money Online https://www.incomediary.com Learn exactly how the pros make money online and how they are able to live a life of financial freedom from passive income. Mon, 05 Mar 2018 16:18:47 +0000 en-US hourly 1 https://wordpress.org/?v=4.8.5 Learn exactly how the pros make money online and how they are able to live a life of financial freedom from passive income. Business Inspiration – How To Make Money Online Learn exactly how the pros make money online and how they are able to live a life of financial freedom from passive income. Business Inspiration – How To Make Money Online https://www.incomediary.com/wp-content/plugins/powerpress/rss_default.jpg https://www.incomediary.com Top Earning Websites – How Much The Worlds Largest Internet Business Make https://www.incomediary.com/top-earning-websites https://www.incomediary.com/top-earning-websites#comments Wed, 13 Apr 2016 10:01:09 +0000 https://www.incomediary.com/?p=220 Today I created a list of the top 30 earning websites in the world, for some of these websites, $50 million in revenue a day is just a typical day, crazy isn't it? And it was all created in the last 10 or so years! I usually would do a write up about how the list rocks and why you should do it to but I think the figures speak for themselves, enjoy!

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Top Earning WebsitesOur first Top Earning Websites List was published in March 2009.

There have been significant changes since then. AirBnB founded in 2008 did not make the original list but are here today. Myspace no longer features!

Please Note: Despite their significant size, some companies are intentionally left out because they are primarily retail based that does web based revenue, but ultimately the service or product offered does not necessarily depend on the internet to generate the majority of its revenue and certain companies have been left out because they have since been acquired by other companies. We have also excluded from the list any business that is primarily App Based.

Use this table as motivation. It is easy to think that the numbers below are impossible but at a certain point the founders of the companies listed felt the same way. Also please see our various notes at the end of this list.

Last time we updated Google was the top earning website and Amazon was No 2 – this time they have swooped positions around. Amazon is that Juggernaut of a Money Earning Machine and they continue to innovate and grow.

In 2009 the top earning website was making $691 per second, today it is making $3392 per second!

Enjoy!

30 Top Earning Websites That Make A Lot Of Money Online

Rank
Website
Founders
Annual Revenue
$ Per Second
1
AmazonJeff Bezos$107 Billion$3392.94
2
GoogleLarry Page, Sergey Brin$74.98 Billion$2378.23
3
JD.comLiu Qiangdong aka Richard Liu$28 Billion$887.87
4
FacebookMark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, Chris Hughes$17.93 Billion$568.56
5
TencentMa Huateng$12.89 Billion$408.74
6
ReutersPaul Reuter$12.6 Billion $399.54
7
AlibabaPeng Lei, Jack Ma$12.29 Billion$389.71
8
PaypalPeter Thiel, Yu Pan, Luke Nosek, Elon Musk, Ken Howery, Max Levchin$9.248 Billion$293.25
9
"target="_blank">PricelineJesse Fink, Jay S. Walker, Scott Case$9.22 Billion$292.36
10
eBayPierre Omidyar$8.59 Billion$272.39
11
ExpediaRichard Barton$6.67 Billion$211.50
12
RakutenHiroshi Mikitani$6.3 Billion$199.77
13
SalesforceMarc Benioff, Parker Harris$5.37 Billion$170.28
14
BaiduRobin Li, Eric Xu$5.21 Billion$165.21
15
YahooJerry Yang, David Filo$4.97 Billion$157.60
16
GrouponEric Lefkofsky, Brad Keywell, Andrew Mason$3.1 Billion$98.30
17
LinkedInReid Hoffman, Konstantin Guericke, Jean-Luc Valliant, Allen Blue, Eric Ly$2.99 Billion$94.81
18
TwitterEvan Williams, Noah glass, Jack Dorsey, Biz Stone$2.22 Billion$70.40
19
NetEaseDing Lei$2.0 Billion$63.42
20
SohuCharles Zhang$1.937 Billion$61.42
21
OverstockPatrick M. Byrne$1.66 Billion$52.64
22
NYTimesHenry Jarvis Raymond, George Jones$1.59 Billion$50.42
23
TripAdvisorLangley Steinert, Stephen Kaufer$1.5 Billion$47.56
24
ASOSNick Robertson, Quentin Griffiths$1.4 Billion$44.39
25
OrbitzJeff Katz$932 Million$29.55
26
YandexArkady Volozh, Arkady Borkovsky, Ilya Segalovich, Elena Kolmanovskaya$900 Million$28.54
27
AirbnbJoe Gebbia, Brian Chesky, Nathan Blecharczyk$900 Million$28.54
28
StubhubEric H. Baker, Jeff Fluhr$500 Million$15.85
29
Blue NileMark Vadon$480 Million$15.22
30
DropBoxDrew Houston and Arash Ferdowsi$400 Million$12.68

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How Did We Calculate The Earnings

To obtain the turnover of the companies in this list we first analyzed SEC 10-K reports that are submitted by publicly traded companies within 60 days of the company’s fiscal year end.

For private companies, reputable sites such as BusinessInsider, Forbes, and Bloomberg were utilized and cross referenced to identify revenue amounts for each companies most recent completed fiscal year. In cases of multiple sites showcased varying numbers, the lowest was used.

Top Earning Websites Notes:

=> Yandex is a Russian Internet company which operates the largest search engine in the Russian Federation with about 60% market share in the country.

=> NetEase, Inc. is a leading China-based Internet technology company founded in 1997 that pioneered the development of applications, services and other technologies for the Internet in China.

=> AirBnB Revenue – How Much Does It Make?

=> Dropbox was one of the most difficult websites to track down revenue for, with varying revenue figures quoted – but there are plenty of references to its large valuation.

=> Myspace featured in our original list – whatever happened to them?

How Can I Make Money Online?

Every great website, starts with an idea. If it’s a good one, traffic comes naturally and money is a bi-product of your success. If you want to learn more about creating a website, check out our FREE  eCourse. If you have not already done so – also check out Traffic Domination – where I share how this website has got over 10,000,000 visitors.

Read more: ‘Top Earning Blogs – Make Money Online Blogging’

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50 Wise Thoughts on Business https://www.incomediary.com/wise-thoughts-on-business Thu, 24 Oct 2013 02:00:36 +0000 https://www.incomediary.com/?p=16359 Every day, we get a little bit older and a little bit wiser. But what if there was a way to skip ahead and get years worth of wisdom in a single day?

Confucius once said that there are three ways to become wise: the noble way to get wiser is through self-reflection; the bitter way to get wiser is through experience; and the easy way to get wiser is through imitation.

Personally, I'd rather wise up the easy way -- and that's why I've created this resource.[click to continue...]

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Every day, we get a little bit older and a little bit wiser. But what if there was a way to skip ahead and get years worth of wisdom in a single day?

Confucius once said that there are three ways to become wise:  the noble way to get wiser is through self-reflection; the bitter way to get wiser is through experience; and the easy way to get wiser is through imitation.

Personally, I’d rather wise up the easy way — and that’s why I’ve made the following resource.

To imitate the wisdom of the world’s most successful CEO’s and Founders, I’ve spent the last week sifting through the vastness of the Internet for the most wise thoughts on business. The wise thoughts below come people like Steve Jobs, Andrew Carnegie, Richard Branson, and PayPal founder Elon Musk (who I recently profiled for startup advice).

I’ve organized this post into six sections which you can skip to with the table of contents on the right. I’ll start off with my five favorite business proverbs, which I found here. Then I’ll share business leaders’ wisdom on what really matters, the importance of customers, metaphors for business, business tips, and conclude with my top ten most wise thoughts on business.

5 Wise Business Proverbs

business wisdom tree

#1  On Planting Trees

“The best time to plant a tree was 20 years ago. The second best time is now.”

– Chinese Proverb

#2  On Focus

“He who begins many things finishes but few.”

– German Proverb

#3  On Castles

“Building a castle is difficult. Defending and maintaining it is harder still.”

– Asian Proverb

#4  On Perseverance

“Fall seven times, stand up eight.”

– Japanese Proverb

#5  On Your Calling

“Everyone should observe carefully which way his heart draws him, and then choose that way with all his strength.”

– Hasidic Proverb

Photo Courtesy of Skoeber

10 Thoughts on What Really Matters in Business

SAM WALTON VISION

#1  Vision

“Capital isn’t scarce; vision is.”

– Sam Walton, Founder of Walmart

#2  Service

“He profits most who serves best.”

– Arthur F. Sheldon, Early Rotary Club Leader

#3  Knowledge

“To succeed in business, to reach the top, an individual must know all it is possible to know about that business.”

– J. Paul Getty, Founder of the Getty Oil Company

#4  People

“Take away my people, but leave my factories, and soon grass will grow on the factory floors. Take away my factories, but leave my people, and soon we will have a new and better factory.”

– Andrew Carnegie, Founder of the Carnegie Steel Company

As Mary Kay once said, “A company is only as good as the people it keeps.”

#5  Experience

“In the business world, everyone is paid in two coins:  cash and experience. Take the experience first; the cash will come later.”

– Harold Geneen, Former President of the ITT Corporation

#6  Peers

 “It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.”

– Warren Buffett, CEO of Berkshire Hathaway

#7  Character

“Leadership is a potent combination of strategy and character. But if you must be without one, be without the strategy.” –

– Norman Schwarzkopf, US General

#8  Time

“Your greatest resource is your time.”

– Brian Tracy, Motivational Speaker and Author

#9  Your Network

“Your network is your net worth.”

– Tim Sanders (and many others), former Yahoo! Director

#10  Your Customers

“Revolve your world around your customers and more customers will revolve around you.”

– Heather Williams

 

10 Thoughts on The Importance of Happy Customers

happy customres

I found so much wisdom on customers, I had no choice but to give customer wisdom its very own segment. Great business minds just seem to get that “the result of a business is a satisfied customer” (Peter Drucker).

#1  Think of The Customer as Your Boss

“There is only one boss:  the customer. And he can fire everybody in the company from the chairman on down simply by spending his money somewhere else.”

– Sam Walton, Founder of Walmart

#2  Let them Design Your Products

“Who decides what’s in Windows?  The customers who buy it.”

– Bill Gates, Founder of Microsoft

#3  …Or Don’t 

“You can’t just ask customers what they want and then try to give that to them. By the time you get it built, they’ll want something new.”

– Steve Jobs, Founder of Apple Inc.

More on Jobs:  21 Life Lessons from Steve Jobs

#4  Talk to Your Customers

“The more you engage with customers, the easier it is to determine what you should be doing.”

– John Russell, President of Harley Davidson

#5  Learn from Your Customers

“Statistics suggest that when customers complain, business owners and managers ought to get excited about it. The complaining customer represents a huge opportunity for more business.”

– Zig Ziglar, Founder of Zig Ziglar Corporation

More on Ziglar:  11 Life-Changing Business Lessons from Zig Ziglar

#6  Happy Customers are Your Greatest Marketing Tool

“If you do build a great experience, customers tell each other about that. Word of mouth is very powerful.”

– Jeff Bezos, Founder of Amazon

There’s simply no more effective, more persuasive marketing tool than word of mouth. Bezos has talked about word of mouth is particularly important for online businesses:  “If you make your customers unhappy in the physical world, they might each tell 6 friends. If you make customers unhappy on the Internet, they can each tell 6,000 friends.”  I would argue that the same is true today regardless of whether the business is online or off.

More on Bezos:  15 Business Lessons from Amazon’s Jeff Bezos

#7  Good Customer Service Never Quits

“Customer service is just a day in, day out, ongoing, never-ending, unremitting, persevering, compassionate type of activity.”

–  Leon Gorman, CEO of L.L. Bean

#8  Like and Respect Your Customers  On liking:

“If you don’t genuinely like your customers, chances are they won’t buy.”

– Thomas Watson, Former CEO of IBM

And respecting:

“It all starts with respect. If you respect the customer as a human being, and truly honor their right to be treated fairly and honestly, everything else is much easier.”

– Doug Smith

#9  Focus on Maintaining Customers

“Every client you keep is one less that you need to find.”

– Nigel Sanders

 #10  The Customer is Always Right

 “Right or wrong, the customer is always right.”

– Marshall Field, Founder of Marshall Feed and Company

Photo Courtesy of Donna Cymek

5 Deep Metaphors for Business

business is art pollock

#1  Business is Art

“Being good in business is the most fascinating kind of art. Making money is art and working is art and good business is the best art.”

– Andy Warhol, Pop Artist

#2  Business is War + Sport

“Business is a combination of war and sport.”

– Andre Maurois, French Author

#3  Business is a Seafaring

“A ship is safe in harbor, but that’s not what ships are for.”

– William G.T. Shedd, American Theologian

#4  Business is a Game

“Business is more exciting than any game.”

– Lord Beaverbrook, Anglo-Canadian Business Tycoon

#5  Business is a Struggle

“Business is always a struggle. There are always obstacles and competitors. There is never an open road, except the wide road that leads to failure. Every great success has always been achieved by fight. Every winner has scars.”

– Herbert N. Casson, Canadian Author

10 Wise Business Tips

your age doesn't matter   #1  Have Fun…

“A business has to be involving, it has to be fun, and it has to exercise your creative instincts.”

– Richard Branson, Founder of Virgin Group, Ltd.

More on Branson:  15 Business Lessons from Richard Branson

#2  …But Not Too Much Fun

“I don’t like to do just the things I like to do. I like to do the things that cause the company to succeed. I don’t spend a lot of time doing my favorite activities.”

– Michael Dell

#3  Be Decisive

“The first one gets the oyster; the second gets the shell.”

– Andrew Carnegie, Founder of the Carnegie Steel Company

The first person to identify and capitalize on a new business model has a huge advantage over the competition. Act decisively and quickly to benefit. Act slowly and you end up chewing on oyster shells.

#4  Take Risks

“You cannot avoid risk, you just need to manage it.”

– Dr. Neal W. Pollock

#5  Think Positive

“Whether you think you can or whether you think you can’t, you’re right.”

– Henry Ford, Founder of Ford

#6  Work Hard

“Success in business requires training and discipline and hard work. But if you’re not frightened by these things, the opportunities are just as great today as they ever were.”

–  David Rockefeller

And another:

“No legitimate business man ever got started on the road to permanent success by any other means than that of hard, intelligent work, coupled with an earned credit, plus character.”

– F.D. Van Amburgh, Author of The Mental Spark Plug

#7  Have a Heart

“To be successful, you have to have your heart in your business and your business in your heart.”

– Thomas Watson, Sr., former CEO of IBM

#8 Mess Up

“If you’re not making mistakes, then you’re not making decisions.”

– Catherine Cook, Founder of MeetMe

#9  Make it Personal

“All good businesses are personal. The best businesses are very personal.”

– Mark Cuban

More on Cuban:  10 Winning Business Lesson from Mark Cuban

 #10  Solve Big Problems

“Solving big problems is easier than solving little problems.”

– Sergey Brin, Founder of Google

More on Brin:  Google’s 8 Simple Rules

10 Most Wise Thoughts on Business

big thoughts business

#1  Change = Opportunity

“The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.”

– Peter F. Drucker, Management Consultant and Author

#2  Fast is the New Big

“The world is changing very fast. Big will not beat small anymore. It will be the fast beating the slow.”

– Rupert Murdoch, Founder of News Corporation

#3  Lead through Innovation

“Innovation distinguishes between being a leader and a follower.”

– Steve Jobs, Founder of Apple Inc.

#4  Automate (Carefully)

“The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency.”

– Bill Gates, Founder of Microsoft

More on Gates:  Top 10 Business Lessons from Bill Gates

#5  Figure Out How to Provide More For Less

“The man who will use his skill and constructive imagination to see how much he can give for a dollar, instead of how little he can give for a dollar, is bound to succeed.”

– Henry Ford, Founder of Ford Motor Company

#6  Good Business Benefits All

“I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well.”

– Alan Greenspan, American Economist and Federal Reserve Chairman

#7  Elevate the Product

“I’d say stay very focused on the quality of the product.   People get really  wrapped up in all sorts of esoteric notions of how to manage etc., [but]  I think people should get much more focused on the product itself – how do you make the product incredibly compelling to a customer – just become maniacally focused on building it better.  I think people get distracted from that.”

– Elon Musk, Founder of Tesla Motors

#8  Pay Well

“I don’t pay good wages because I have a lot of money; I have a lot of money because I pay good wages.”

– Robert Bosch, German Industrialist

#9  Don’t Seek Perfection

“Business is complicated and imperfect. Every business everywhere is staffed with imperfect human beings and exists by providing a product or service to other imperfect human beings.”

– Bob Parsons, Founder of GoDaddy.com

#10  There’s No Limit 

“We are currently not planning on conquering the world.”

– Sergey Brin, Founder of Google

Want More Wise Thoughts?

I hope you’re feeling more than just one day wiser after reading these 50 thoughts on business. But if you’re still hungry for more wisdom, you can check out the inspiration for this article, 50 Great Thoughts on Success. Here’s one of my favorites:

“Success is going from failure to failure without losing enthusiasm.”

–  Winston Churchill

Before I go I want to leave you with one wise thought, from one of the wisest people to have ever lived, Socrates:  “The only true wisdom is in knowing that you know nothing.”

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Top 10 Motivational YouTube Videos for Entrepreneurs https://www.incomediary.com/top-10-motivational-youtube-videos-entrepreneurs https://www.incomediary.com/top-10-motivational-youtube-videos-entrepreneurs#comments Thu, 03 Nov 2011 14:34:27 +0000 https://www.incomediary.com/?p=9267 Whether you’re a young kid who dreams of doing something incredible or a veteran with an extensive entrepreneurial résumé, we all need motivation. Skipping past the cat videos, one of the greatest sources of motivation is YouTube. Here are 10 of the top motivational YouTube videos for entrepreneurs.

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Whether you’re a young kid who dreams of doing something incredible or a veteran with an extensive entrepreneurial résumé, we all need motivation. Skipping past the cat videos, one of the greatest sources of motivation is YouTube.

Here are 10 of the top motivational YouTube videos for entrepreneurs.

Motivational Videos for Entrepreneurs

Entrepreneurs Can Change the World

785,871 views · 2:20

Message: Anything is possible as long as you maintain your kid-like perspective.

Where Good Ideas Come From

1,120,617 views · 4:07

Message: Ideas don’t just happen. They start as slow hunches. And your hunches need to collide with other people’s hunches to be fully formed. The internet makes it easier than ever to connect with other people’s hunches which encourages great ideas.

The Best Motivation Video

2,796,219 views · 1:17

Message: Nobody has an obstacle-free path to success. Failure is part of that path. And those who fail the hardest seem to experience the most success simply because they attempted the most things. If you’re not failing, you’re not trying.

The Rocky Story by Anthony Robbins

14,443 views · 9:22

Message: One of the world’s most interesting entrepreneurial struggles told by one of the most motivational people in the world. It’s the true story behind the Rocky franchise. Just listen to it.

Everything Started as Nothing

5,094 views · 4:21

Message: The world’s largest companies, most successful people, and most incredible stories all have one thing in common. They start as nothing. This is a video Nick Scheidies and I made out of the audio interviews our book. Michael pops in at 1:01.

Will’s Wisdom

61,901 views · 9:57

http://www.youtube.com/watch?v=pSK_Likqv24

Message: The one thing that Will Smith attributes his success to is a ridiculous work ethic that helped him dedicate hours upon hours of mastering his craft. Here are other things to learn from Will Smith.

Steve Jobs 2005 Stanford Commencement Address

11,772,618 views · 15:05

Message: This video took off in the wake of Steve Jobs’ death because it embodies the principles that he leaned on to build Apple and live his life. He tells three stories that shaped the man he became. One, about how he was adopted as a kid and why dropping out of college was one of the best decisions he ever made. Two, about how getting fired from Apple was one of the best things that ever happened to him. Three, a quote about death that he first read when he was 17 and how it shaped his entire life. Check out IncomeDiary’s tribute to Steve Jobs.

Drive: The Surprising Truth About What Motivates Us

6,835,324 views · 10:48

Message: Study after study after study has found that higher monetary rewards don’t lead to better performance when it involves conceptual, creative thinking. Pay people enough so they only think about the work. Then provide autonomy, mastery, and purpose if you want to create a remarkable team.

Powerful inspirational true story…Don’t give up!

1,159,907 views · 3:15

Message: If Derek Redmond had won the race like everyone expected, we never would’ve known his name. Sometimes things will go terribly wrong. You have two choices. Give up or push forward. How you deal with failure will determine how much you matter.

Cameron Herold: Let’s Raise Kids to Be Entrepreneurs

45,778 views · 22:08

Message: The point of Cameron Herold’s TED talk is to show us how we can teach our kids to be entrepreneurs. But there are a number of entrepreneurial lessons if you read between the lines. He talks about his experience as a kid entrepreneur and how the little businesses he ran prepared him for the huge companies he’s running today.

Now it’s Time to Get to Work

I hope you’re more motivated to get things done today and during the rest of your entrepreneurial journey.

Remember this quote from Ryan Allis:

“Not a single person whose name is worth remembering lived a life of ease.”

Make sure to visit again if you’re ever struggling to find motivation.

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Top 20 Most Awesome Company Offices https://www.incomediary.com/top-20-most-awesome-company-offices https://www.incomediary.com/top-20-most-awesome-company-offices#comments Wed, 02 Nov 2011 14:56:40 +0000 https://www.incomediary.com/?p=9347 Businesses these days, particularly those who make their money on the internet, seem to be paying much more attention to their staff and work environment, so that they can really get the most out of them. We've compiled a list of 20 of our favourite offices from across the world, to show you what happens behind the scenes of some of the biggest companies on the internet, and some small nuggets of design from more obscure companies.

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Businesses these days, particularly those who make their money on the internet, seem to be paying much more attention to their staff and work environment, so that they can really get the most out of them. We’ve compiled a list of 20 of our favourite offices from across the world, to show you what happens behind the scenes of some of the biggest companies on the internet, and some small nuggets of design from more obscure companies.

Selgas Cano – Madrid

There are offices in this list from some of the biggest companies in the world, but when it comes to making awesome offices, size doesn’t matter. This must be one of the most relaxing offices to work in, because you’re half underground, and half above ground, with views out into the woods. This is Selgas Cano Office, which was designed by Iwan Baan and is situated in a forest, near Madrid, in Spain. This office for architects is light and airy, with clean lines and colorful details, making it a great place to work from. It’s less about awesome fun slides, great food and gaming areas, and more about a relaxed environment, away from harsh lighting and big empty rooms.

Google Office – Zurich

It’s no secret that Google is a fun, fresh company, with tonnes of money, and dedicated employees, and part of the secret behind these employees is the awesome offices that they work from. Google put a lot of time and money into making the perfect work environment, mixing business with pleasure so that the staff can relax and refuel during their breaks. Google thrives of creativity and that thought has very much gone into the reasoning behind the designs of their offices, providing every employee with a space for them to be creative.

There’s a rule at Google that nobody is allowed to be more than 100 meters away from food, so you’ll find kitchens everywhere, as well as an awesome cafeteria where every employee is fed three times a day, for free. If you think that the offices are over the top and far too big, then at least you won’t have to spend all your time walking everywhere as you can just take the slide or fireman’s pole around the building. If all of that’s not enough for you, and you really want somewhere quiet to relax and get away from work, there’s always the library or aquarium.

Red Bull Office – Soho, London

Situated in a build of great character, we have the London office of Red Bull, which is a converted building of five old pubs in Soho. With none of the buildings originally linking together, or even having floors on the same height, this was always going to be an interesting building with plenty of space and cool features. Red Bull isn’t just about energy drinks, these offices are for roughly 100 people in their 20’s mostly, to come and collaborate and be creative together in these unique spaces. They threw away the corporate office rule book and decided upon a more lounge like feel, with original features from the old buildings, and a reception that turns into a bar at night. This is the perfect workspace for the young Londoner looking to be creative with one of the most interesting companies around.

AOL Head Quarters – Palo Alto, California

It’s no secret that AOL isn’t the company that is used to be, but they’re trying to make big changes with the purchase of websites such as Techcrunch and Huffington Post, and they’ve recently had a massive overhaul of their headquarters to suit. They’ve gotten rid of the bland corporate facade and taken a leaf out of Google’s books and tried to make their office more fun and inspiring, with fresh new designs. This office is everything you’ll come to expect from enormous internet companies with large kitchens, splashes of color, countless relaxation areas, pool tables, games rooms, and of course, the all important work spaces.

Parliament – Portland, Oregon

This is a company that knows the importance of a happy and comfortable work environment, but have given it a slightly different twist to some of the companies on this list. The design of this office involves a lot of reclaimed or recycled materials such as old street signs, a salvaged pizza oven and a wood from a barn and a church. But just because they’ve used old materials, doesn’t mean the design has to suffer as the attention to detail and finish is superb, and the mix of raw materials really help it to stand out. To top it all off, the office is finished with a bearskin rug, which is rather suiting I think.

Dreamhost – La Brea, California

Designed by the same people that did AOL and Facebook, the Dreamhost office is another one of those office with bright open spaces, which have gotten rid of personal cubicals to encourage interaction between the staff. Open and private areas are scattered about the building for meetings, relaxation and work, as well as games areas and places to eat. Designs like these may start to appear quite common, but I assure you, this sort of thing only happens when big bucks are involved, how many of you have played ping pong at work? Large glass windows make for a light work environment, away from harsh fluorescent lighting, while the variety of flooring and splashes of color make it feel a lot less clinical.

Comvert – Milan, Italy

This has got to be one of the coolest buildings to build an office in, which came about when alternative clothing company Comvert were looking for a new space for their headquarters. During the search, they happened upon an old abandoned cinema that seemed to offer the perfect solution. It was big enough to house all of their offices, warehousing and even room a shop in the front, however, there was one ‘problem’, what would they do with all the extra room above where the audience sat during a movie? The answer is unique, inspired, and all but simple – build an indoor skate bowl which sat suspended above the warehouse. This was a perfect solution for all the space, while keeping the staff entertained, and fitting in their alternative clothing brand image.

Facebook – Palo Alto, California

Facebook went around their office design a little differently to most companies, actually using it’s own software to conduct polls asking their employees what they would want from an office. The result was a superb work environment with big open spaces to work from, and amazing relaxation areas with a place to skate and DJ from. That’s right, there’s no simply plugging in your iPod to a dock, there’s a whole booth that you can polish up your mixing skills at while entertaining colleagues. All of this combined with the modern, comfortable styling of the complex and means that Facebook is one of the best places to work and play, which is ideal really, considering their employees look after 500 million people a day, from roughly 750 million active accounts.

YouTube – San Bruno, California

YouTube is an interesting company really because it was sold in less than 2 years for princely sum of $1.65 billion, yet it’s earning capabilities seem to be far below that. That hasn’t stopped Google from splashing out on big expensive offices though, which seems to be a trademark for them. Big open floor plans and perks for employees dominate this office complex, as they can relax with a bit of indoor putting, free-roam Segway riding, eating, gaming, swimming, and gym activities, to name just a few. It’s business and pleasure all rolled into one at YouTube, with the hopes that the staff will be relaxed and inspired enough to come up with new ideas and work well with their colleagues.

Dtac Headquarters – Bangkok

Dtac recently decided to put an end to separate office spaces throughout the city of Bangkok, and brought all six buildings under one roof, which happens to be the largest ever office lease in Thailand’s history, occupying around 650,000 square feet. The move and design reflects the company’s desire to become the employer of choice, to “enhance cooperation and communication, strengthen common goals, increase creativity” and make it easier for the brand to react quickly to changing conditions.

Dtac’s brand approach is “play and learn”  and they wanted to reflect this to their employees and customers with their new, rather inspiring office, spanning 22 floors. Some of the highlights include a massive circular library amphitheatre, and an entire floor dedicated to fun, with indoor soccer, table tennis, running track, and concert and performance spaces. To feed creativity, there’s the Conversation Pit, the Freeform Meeting, Picnic Table and Dining Room, all created to encourage informal, face-to-face meetings. And lets not forget what tops off the building – an open terrace overlooking Bangkok’s skyline.

Gummo – Amsterdam, The Netherlands

As Gummo were only going to be renting the space on the first floor of the old Parool newspaper building in Amsterdam for two years, i29 convinced Gummo to embrace the mantra of ‘reduce, reuse, recycle’ to create a stylish office space that would impact as little as possible on the environment and their wallets. Everything in the office conforms to the new house style of white and grey. All the furniture was locally sourced from eBay, charity shops and whatever was left over at the old office. Everything was then spray painted with an environmentally friendly paint to conform with the new colour scheme. The new office is a perfect case of a smart way to fill a temporary space stylishly and at minimal cost. 

Lego – Denmark

If you’re anything like me, then your ideal office is anywhere that you can be surrounded by Lego all day, and that’s what it’s like working at Lego. The colourful open-plan layout encourages interaction and play between the staff, in an effort to fuel their imagination, which is what Lego is all about. The meeting rooms are all light, colourful, and open, and vary in size depending on their uses, but they’re all designed to one thing: provide a happy and comfortable working environment to boost moral and product development. The whole office is designed so that anyone can play with the lego and come up with something new, while getting work done, and enjoying their time at the company. If spending the whole day playing and working with Lego doesn’t make you happy, then I don’t know what will!

Zappos – Las Vegas, Nevada

If you’re not from America, then you may not have heard of Zappos, but they’re a huge company, in fact, they’re the world’s largest online shoe retailer. Customer satisfaction is the secret behind their success, and that’s what they’re famed for, which is why it’s part of one of the most successful sites on the internet, their new owners – Amazon.com. This culture of realising people’s importance and individuality has been transferred into the Company’s headquarters where each employee gets their own little imprint into the office design. Unlike most of the companies on this list, Zappos have stuck largely to cubicle based design, only they encourage each and every employee to make them their own, with decorations, toys and trinkets. This means that every cubicle is unique and the office feels less sterile and more enjoyable to work in, the staff even get a say in the design of the conference rooms. If you happen to be in Las Vegas, you can take a short trip out of town and actually tour the office and learn all about Zappos for free.

KBP West Offices – San Francisco, California

This unique office and conference building is made up of three wings, which are separated by the sliding walls, and can be opened up to create a single, colourful meeting room. The design of the office isn’t what you’d call typical, even by the standards on this list. There’s a library/conference room with wooden swivel chairs, bizarrely shaped rooms with slanted ceilings and chalkboard walls, miniature staircases to take you to green carpet-clad phone booths for conference calls, all inside what can be best described as a white warehouse. This is the office of an advertising firm in San Francisco, and their unique offices are designed to stimulate the creative juices of those working inside them. And when it’s time to take a break, there’s always the indoor garden, or the huge and colourful dining room, where the staff can relax and carry on socialising.

Big In Japan – Dallas, Texas

It’s amazing to see just how quickly technology companies can grow these days. Big In Japan is a Dallas based mobile app developer started in just 2008 with their award winning, barcode scanning app; ShopSavvy. They’re now in an ever-expanding and modern office which focuses on open plan working and cool decorations, such as the nine foot Hulk statue. Like most of the offices on this list, BIJ have done away with work cubicles and opted for a more clean finish, with a glass-walled conference room to give the impression of space. For relaxation, there’s always Rock Band and various games consoles, with comfy leather sofas and been bag chairs to enjoy the multiple TV’s from. The mix of work and play is everywhere in this office, with Fussball being only a chair swivel away from work, Big In Japan understand that to be able to make things fun, you’ve got to be able to have fun. They’re still a relatively small company for now, but it’s clear that that they’ve taken a leaf out of the books of the big boys, and made their office all about the employees.

Traction Marketing Group – Oklahoma City, Oklahoma

Traction Marketing Group started off with just a plain warehouse and got creative with it. With colour splashed over each wall, there’s an interesting mix of blue, green, brown and grey scattered across the large and open-plan office. They’ve done away with the harsh florescent lighting, and opted instead of spot lighting and festoon lighting that swings down across the ping-pong table. The smooth concrete floor is host to multiple seating areas where employees can go to rest, and the massive glass garage sized door floods the entire office with natural light, making for a much more comfortable work environment. It quite clearly used to be a warehouse, but that adds to the character and prevents the feeling of a sterile workspace. The whole building is designed to reflect the company’s style of business and they can tell from experience that by having the same approach with where they work, yields better results.

LivingSocial – Washington, D.C.

If you’re not familiar with LivingSocial, they’re a daily deals company, in the same vain of Groupon, and much like Groupon, they’re growing rapidly. To house this new workforce, they need a big, new, comfortable workspace to put them in, which reflects the company vision and encourages staff interaction and collaboration. There’s a stark mix of old and new in this building as some parts of the ceilings and walls are left bare to reveal the past, which contrasts with the company’s new modern design for the office. Exposed brick, antique doors, and old shutters can be seen in the same room as a large mirrored wall, games machine, flat screen TVs, and photos of doughnuts. With a company this young, they rely on a lot of hard work, but to make sure that the staff aren’t overworked, there’s a mix of work hard, play hard to make work not even seem like work.

ThinkGarden – Milan, Italy

I work from my computer, indoors, at least 50 hours a week, and the one thing that I don’t have in my office is enough nature. ThinkGarden understand that to do work, we have to spend most of our time indoors, but there’s no reason why we can’t being some living nature in with us. Their whole office is designed to reflect nature with stone shaped bean bags, large plants, flowers and trees, and unusual desk positioning. Even the walls are designed to make it look like you’re in the middle of a woods, and the bright white furniture contrasts with the plant life, making it stand out even more. If you don’t think this office is green enough yet, then maybe the putting green in the reception area will change your mind.

Pallotta TeamWorks – Los Angeles, California

This office differs to all the others on the list for one reason, and that’s the budget. It was limited to just $40 per square foot, which forced the designers to think outside the box, but well, it seems they didn’t get much further than just the box. You see, because this had to be done on such a tight budget, they took to customising a bunch of shipping containers and turning them into office space inside a large warehouse. This unique design and fresh colours make for a rather interesting work environment, that’s not just cheap to build, but cheap to run. Pallotta TeamWorks is a charitable organisation which specialises in raising money for different needs, through putting together fundraisers for people to take part in, and raises tens of millions of dollars each year for charity.

Corus Quay – Toronto, Canada

This is one of the largest offices on the list, and by the looks of things, one of the most fun. It’s a massive 500,000 square feet, and home to Corus Entertainment. It’s been labeled Toronto’s smartest building. The building brings together 1100 staff which used to be housed in 11 separate buildings, into an open office environment with multiple social spaces, even including a five story atrium with a three story slide and lounge above a couple tv studios. This building is all about having fun and bringing the entire work force of a company together in one place to create a boost in productivity, helping the company to continue to grow. Bright colours, big TV’s, boardroom tables shaped like ice hockey rinks – this building really has it all.

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20 Movies All Entrepreneurs Should Watch https://www.incomediary.com/20-movies-all-entrepreneurs-should-watch https://www.incomediary.com/20-movies-all-entrepreneurs-should-watch#comments Thu, 29 Sep 2011 12:46:38 +0000 https://www.incomediary.com/?p=8008 Movies are a great way to learn from others as stories, fiction and non fiction, are taught to the viewer in an easy to understand way. There's a lot to be learnt from these stories as they show you how exceptional people who have come before you have done it.

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Movies are a great way to learn from others as stories, fiction and non fiction, are taught to the viewer in an easy to understand way. There’s a lot to be learnt from these stories as they show you how exceptional people who have come before you have done it.

#1. The Godfather

An offer you can’t refuse.

One of the greatest films in the world based on the best book I’ve ever read. The Godfather is the story about the growth of a small family business as it becomes the largest organized crime family in New York, fighting off opposition at any expense. The Godfather and his son Michael Corleone are the brains behind the family and this film gives you an insight into what it takes to become one of the most powerful family businesses in the country.

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#2. Glengarry Glen Ross

Lie. Cheat. Steal. All In A Day’s Work.

In the fast paced world of Chicago real estate, competition and incentive is what decides who’s the best. That’s why they’re having a little sales competition – First prize is a Cadillac El Dorado, second prize is a set of steak knives, third prize is you’re fired. With stakes that high, and the pressure on, the salesmen show that they’re willing to do anything it takes to succeed in business, but the most interesting part of this is film, is what exactly that is.

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#3. Wall Street

Every dream has its price.

In the life of an ambitious young stockbroker, Bud Fox will do just about anything it takes to succeed, and for him, that includes a little bit of insider trading. See what happens when the desire to succeed takes over your life and the motto of ‘Greed is good’ directs how you do business. But what happens when you’re pushed to your limits and asked to do something you can’t or won’t do? Suddenly everything comes to a head when Fox is asked to help do something, not only illegal, but morally reprehensible.

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#4. The Game

There are no rules in The Game.

What do you get the guy who has everything? Nicholas Van Orton (played by Michael Douglas) is a wealthy San Francisco banker who’s life is wrapped up in his business, which has left him as somewhat of a loner. His brother Conrad gives him the gift of a lifetime, which would prove to change his perspective on the world and the way that he’s going to live it. When bad things start to happen to you, you start to question what’s really important in live, business, success and money, or actually living?

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#5. Boiler Room

Motion creates Emotion!

After entering the stockbroking profession to impress his father, Seth Davis, a Queens College dropout, soon realizes the huge earning potential ahead of him. But with commissions much larger than any other company, Seth soon learns that not everything is what it’s cracked up to be and he’s forced to face the dilemma of money and greed vs. morals and legality. For any young entrepreneur starting out in business, it’s a very real possibility that you’re going to face moral dilemmas and the way that they’re dealt with in this film is very eye opening.

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#6. Jerry Maguire

The rest of his life begins now.

This is a story about a man who’s at the top of his game; beautiful partner, the biggest clients, lots of respect. But then he decides to step back and question it all and proposes his new thoughts to the rest of the company, which ultimately ends in him losing it all. Everyone turns his back on him, except for one, very volatile client, Rod Tidwell. From here you see Jerry examine what it really important to his business and life and works towards bringing it all back together again, only this time, the way it should be.

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#7. Trading Places

Take two complete strangers, make one of them rich the other poor… just watch the fun while they’re… Trading Places.

What happens when you take the rich and the poor and make them switch places? A social experiment ran by Mortimer and Randolph Duke, brother and owners of a commodities brokerage firm, proves to be very interesting when the switched pair run into each other. A life changing event for both of them, poses the question of what’s more important in life, friends and love, or money and power?

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#8. Office Space

Work Sucks.

When your hypnotist dies just after they’ve put you in a state of complete bliss, you can’t help but have a refreshing outlook on life. If there’s ever a film to make you want to get out of a desk job in the corporate world, then this is it. Peter Gibbons is a man who can’t help but be promoted as he consistently starts to slack off and do things his own way, but trouble starts to arise when his new careless nature starts to lead to him stealing from the company in a much bigger way than he expected.

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#9. Pursuit of Happyness

Based on a true story.

This is a real life story of a man who believes so badly in a product that he can’t sell that he ends up losing his house, his wife and his money, being left with just himself and his son. This in itself is an important lesson to be learnt, but it’s the steps that he takes from here that really shape him into who he becomes. Against all odds, he takes an unpaid internship to become a stockbroker, fighting against his peers for a single job at the end of it. This is a powerful true story that sticks with you as you face your own personal struggles in business.

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#10. Catch Me If You Can

The true story of a real fake.

Again, this is another true story, about a young conman who successfully impersonated an airline pilot, doctor, lawyer and history professor during his stint as fraudulent cheque casher. What’s amazing about this film and the life of Frank Abegnale Jr. is how much he managed to achieve in a much tougher environment and under more stress than most people are used to. Whether it’s legal or not, business is business and Frank was one of the best at what he did.

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#11. Wolf of Wall Street

There’s no nobility in poverty.

This is a story of a man who went from nothing tom something, and something very big at that. It’s an inspirational film for the amount of perseverance Jordan Belfort puts into it, but that’s not what I love the most about this film. This movie does a great job at depicting how business cultures are created in fast-growth companies (minus the corruption seen in this one).

Belfort’s rallying cry of “Don’t take no for an answer” is specific to the mission of his company. My team and I use the rallying cry “total contact” which means all team members own the solution to any problems brought to their attention — no passing off to somebody else.

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#12. Shawshank Redemption

Fear can hold you prisoner. Hope can set you free.

This is one of the greatest films of all time, and one I’m sure that the majority of readers have seen before, purely because of its undeniable greatness. It’s the story of a man who manages to succeed in the worst possible conditions imaginable – false imprisonment for the murder of his cheating wife and lover. From making friends with another con inside the prison, Andy manages to make the best out of a very bad situation and through perseverance manages to achieve more than he ever thought possible.

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#13. The Social Network

You don’t get to 500 million friends without making a few enemies

This is another story of the young, successful and intelligent man, only this time, it’s based on a true story of the world’s youngest billionaire – Mark Zuckerberg, the creator and owner of Facebook. The story is pretty amazing and has been made famous by this film, he starts off as a Harvard student with a strong streak of arrogance and huge potential, he creates a new social network based upon the most prestigious email address in the country, the Harvard email address. The rest, as they say, is history.

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#14. Pirates of Silicon Valley

Good artists copy… Great artists steal.

There are no two bigger names in technology than Microsoft and Apple and this is their story. This is an amusing documentary style film about their competition and their rise to the enormous companies that they are today. It’s slightly dated today, and perhaps The Social Network is a little bit more relevant, but it still holds some very valuable information and pointers to learn from. After all, you’re gotta be a pretty special person to become as powerful as they have.

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#15. Forrest Gump

The story of a lifetime.

This is a simple man with good intentions, who accidentally becomes phenomenally successful from living his life the best way he knows how. He wins medals, becomes a professional ping-pong player, takes up running, owns a huge shrimping company and inspires people all across the country. The simple nature of Forrest makes him very appealing to world as he proves that you don’t have to be a super genius to make something work, you just have to try.

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#16. Blow

Based on a true story.

Another great film based on a true story, this time only slightly more illegal than the last, it’s a film based on George Jung and his career as a cocaine dealer. What started off as a small time operation working with pot, he is eventually imprisoned and introduced to cocaine and that’s where things start to explode. He’s rumored to have handled about 85% of all of the supply of cocaine in the 1970’s, making him an incredibly powerful and successful man, and this film is all about exactly how he did it.

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#17. Dirty Rotten Scoundrels

Nice guys finish last. Meet the winners.

This is the story about two con men, big time and small time, and their struggle to compete together in a small French town which isn’t big enough for the both of them. So they decide to take part in a bet in which the loser leaves town and allows the other to carry on with their business. The only problem is that the bet is to see who can extract $50,o00 from a young female target – a pretty high stake. Of course hilarity ensues as you get to watch how the minds of con men work as they compete against each other to reach the goal first.

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#18. The Aviator

Some men dream the future. He built it.

A biopic depicting the early years of director and aviator Howard Hughes’ career from the late 1920’s to mid 40’s. It wasn’t the money he made or the time he spent that made him so great, it was the attention to detail and perfection that he strived for that set him apart from his competition. He faced many obstacles along the way from rival companies and malicious rumors, but nothing stopped him from becoming exactly who he wanted to be.

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#19. Risky Business

There’s a time for playing it safe and a time for Risky Business.

A good story about what you have to do when you take your dad’s Porsche out for a trip and start to realize that you’re going to need a lot of money, which you’re going to have to raise in a very creative way. With his parents away and responsibility out of the window, Joel starts to realize that it’s not all as easy as he was expecting, having to look after friends and source cash any way he can. An interesting look at what people can come up with when they’re put on the spot to come up with some fast cash.

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#20. The Corporation

This film takes a good, long look at what happens when you take a business and you model it to be legally a person – a corporation. What happens though when the sole purpose of this person is to make money for its shareholders though? It starts to act without a conscience which threatens the world, our future and the people working for it. This isn’t just a film about evil corporations though, it’s also about what we can do to stop them from taking over everything that we know. I saw this film in the cinema and it’s well worth seeing again, it’s completely eye opening.

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Now you know which 20 movies you should definitely watch as an entrepreneur!

Perhaps one day we’ll be watching a movie about your success.

To our success!

-Team IncomeDiary

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20 Websites Making The Most Money https://www.incomediary.com/20-websites-making-the-most-money https://www.incomediary.com/20-websites-making-the-most-money#comments Fri, 22 Jul 2011 08:32:15 +0000 https://www.incomediary.com/?p=7483 Three years in a row, we have looked at how much each of the top websites in the world earn on a annual bases. This year, we put a lot more time and effort into it, to find the most up to date information, most people wouldn't even know! Find out how many employees Amazon have, which sites Google has bought, who's the most profitable and much more!

We hope you enjoy the list and please let us know what you think in the comments.

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Three years in a row, we have looked at how much each of the top websites in the world earn on a annual bases. This year, we put a lot more time and effort into it, to find the most up to date information, most people wouldn’t even know! Find out how many employees Amazon have, which sites Google has bought, who’s the most profitable and much more! We hope you enjoy the list and please let us know what you think in the comments.

How Much Does Amazon, Google and Facebook Make?

Amazon – $34,204,000,000 $1,084 per second

Founded in 1994 and currently employing 33,700 people, Amazon.com remains the world’s largest online retailers, with the highest revenue of any company on this list. Selling an assortment of products across the world in countries as far as the UK, Austria, Japan and China, Amazon is no longer just an online retailer, they’re the head of a very large family of companies such as IMDb, Lovefilm, Zappos and Alexa. There’s no doubt that Amazon has made a huge difference with where we shop in the last 15 years, with the closest website runner up in sales being Staples with less than a third of the sales of Amazon. 

Google – $29,321,000,000 $929 per second

Google’s ability to come in and create instantly popular features such as Google+, make it a force to be reckoned with for any website. The current leader in internet traffic is Facebook, so Google recently came out with their answer to that; ‘Google+’. Starting out in 1996 as a research project by Larry Page and Sergey Brin, Google grew into most users ‘go-to’ site for searching the internet, and their user friendly mottos of ‘to organize the world’s information and make it universally accessible and useful’ and perhaps more importantly ‘Don’t be evil’, has helped them to become the globally recognised brand that they are today.

eBay – $9,156,000,000 $290 per second

Founded back in 1995 (beginning to see a pattern emerging here) by Pierre Omidyar, this is without a doubt the best and most successful alternative to traditional online shopping, where you can effectively cut out retailer to buy and sell between user and user, cutting costs and raising money for unwanted goods. Founded in 1995, eBay has acquired 35 companies in the past 13 years including 6 online auction sites in the US, South Korea, India, France and Sweden, ensuring that they’re the no.1 name in online actions. They’ve even used some of the money that they’ve raised in the past to buy companies like Skype, before selling them for profit.

Yahoo! – $6,324,000,000 $200 per second

We often think of Yahoo! as the company that could never quite keep up with Google, even though it’s 2 years older, yet Yahoo! is so much more. At no.4 on this list, it has a mammoth revenue, and the site covers many similar areas to Google, only just not as well. Yahoo! was founded back in March of 1995 and they certainly have their fingers in a lot of pies, acquiring over 60 different companies in the last 16 years. As far as search engine traffic goes, I get 64 times the amount of traffic from Google, so it is in fact these acquisitions and ventures that make them a hell of a lot of money, not their search engine.

Alibaba – $5,557,600,000 $176 per second

Alibaba is the ultimate business-to-business tool and brings together importers and exporters from more than 240 countries and regions, all in one place. Alibaba focuses on facilitating trade between users across the world, and AliExpress focuses on smaller transactions between buyers and sellers worldwide. With 65 million registered users in more than 240 countries and offices in more than 70 locations worldwide, they’re the market leader in online world goods trade.

Expedia, Inc. – $3,348,000,000 $106 per second

Founded in 1996 as a division of Microsoft, Expedia, Inc. own a range of travel brands from Hotels.com to Tripadvisor, and their massive affiliate network has boosted their revenue to an all time high in recent years. Back in 2008, Fortune labeled Expedia one of the top 3 most admired internet companies, and one of the best managed companies in the same year. In the 15 years that they’ve been around, they’ve become the 1-stop shop for booking a holiday, covering every aspect of travel, and making them no.1 in the online travel industry.

Priceline – $3,072,240,000 $97 per second

Priceline specialise in facilitating the sale of flights, hotels, cars, vacation and cruises and are famous for their ‘name your own price’ system. In this system, travellers would name the price they wanted to pay, the service level they wanted and the general location, but, the companies used, exact location of hotels and flight itineraries were only revealed once the purchase had gone through and the customer had no right to cancel. It’s an unusual idea, but it seems to have done very well for them and their celebrity endorsers. William Statner, who was hired as a spokesperson for the company, chose stock over pay and is rumored to have sold a large majority of it right before the dot-com bubble burst and has made approximately $600 million from it.

AOL – $2,417,000,000 $77 per second

Founded all the way back in 1991 as America Online, and rebranded as AOL in 2006, AOL is best known for it’s online software suite, where, at it’s prime, 30 million members worldwide would access the internet through this community. Business may be good compared to some of the other companies on the list, but when you compare what they made in 2010, to what they made in 2006 (when the company went through it’s rebranding), they now make less than a third of what they did. The trouble was bloated and outdated software, overpriced services and the fact that they were no longer keeping up with the pace of the fast moving online world, or providing high demand services anymore. Sure it’s making a lot of money, but we expect to see it lower on this list next year.

NetFlix – $2,160,000,000 $68 per second

This is a relatively young company compared to some of the others on this list, founded back in 1997, NetFlix is a subscription based, online streaming and postal DVD rental company that is expanding across the world. They’ve built their reputation on their business model on a flat fee subscription, without late fees or due dates, and the ability to rent more than one film at a time. They’ve excelled where Blockbuster have failed and that’s evident in their respective companies revenues over the last 5 years. NetFlix recognised what was wrong with the movie rental industry, and saw where the future was going, and then went there with it. They’re coming to the UK very soon…

Facebook – $2,000,000,000 $63 per second

So popular, they even made a movie about it. As the youngest company on this list so far, founded in only 2004, Facebook currently has more than 750 million active users on it and has blown other social networks such as Myspace and Bebo out of the water when it comes to popularity. Started by the world’s youngest billionaire – Mark Zuckerberg – Facebook is not without it’s problems, including considerable legal battles and rival companies. With a pattern of social networks losing their overinflated worth and huge following, and the recent launch of Google+, who knows what’s in store for Facebook in the coming months.

Baidu – $1,199,000,000 $38 per second

As the largest and most popular search engine in Chine, Baidu is responsible for 56.6% of all searchs. Think of them like a Chinese Google, they index over 740 million web pages, 80 million images, and 10 million multimedia files and their services range from your standard search, maps, images and videos, to their own version of Wikipedia, games and internet TV streaming. And they’re still growing, business in 2010 was almost double what it was in 2009, making them a very safe bet when it come to investment.

Overstock – $1,100,000,000 $35 per second

2010 was a good year for Overstock, it was their first billion dollar one and their most successful year yet. Their business model, as their name would suggest, is to sell overstocked surplus goods, as well liquidating the inventories of failed companies and selling their goods at below wholesale prices. Overstock has branched out though, they also offer a small online auction side to the website and sell hand made products from workers in developing nations. Their accolades include being voted no.2 in the U.S. for best customer service and a Forbes study found them to be one of the top 10 best places to work in America. Overstock.com (or O.co for short) had their first annual profit in April of 2010 and things are looking up from there.

Skype – $860,000,000 $27 per second

With a total 663 million registered users in 2010, Skype is the largest voice and video service on the internet and has recently been bought by Microsoft for US$8.5 billion. Skype was founded back in 2003 as a peer-to-peer network, where users can call each other for free over the internet and make discount calls to local numbers all over the world. Originally developed by the same guys who created Kazaa, the massive ‘Napster like’ peer-to-peer program, Skype has consistently added new features and changed hands twice in the last 6 years. Originally bought by eBay for $2.6 billion in 2005, there wasn’t even 100million users onboard, but they soon started picking up when broadband speeds increased and they started rolling out features like video calling. A couple months ago in May, Microsoft made their deal to buy Skype, so it’s anyones guess what exciting new features we have ahead of us.

Zynga – $850,000,000 $27 per second

Founded just 4 years ago in 2007, this website has become shockingly successful from their social networking games such as FarmVille and Zynga Poker with over 270 million monthly users. These browser based games are primarily played through social networks such as Myspace and Facebook where users can interact with their friends and see how each other are doing. They make their money in an unusual way of limiting certain parts of the game to users who will buy credits to do certain activities, with payments amounts even exceeding $500. They’ve recently signed an agreement with Facebook for users to only use Facebook credits for these purchases, and in turn Facebook will help them to reach targets that they set. For people who don’t wish to pay for credits, there are options of taking out offers and surveys from Zynga’s numerous partners, which is helping them to make more money and drive more traffic. An unusual, but wildly successful business model, that seems to have grown very rapidly over the past 4 years.

Taobao – $774,210,000 $25 per second

Taobao is a Chinese language online retailer similar, to Amazon or eBay, where retailers and users can sell direct to other users, with a large majority of products sold being new. Founded 8 years ago, they had more than 370 million registered users by the end of 2010, currently host more than 800 million product listings and are raked at number 15 overall in the Alexa rank. Due to the different nature in the ways shopping is done in China, Taobao have integrated an instant chat feature where buyers and sellers can talk directly to each other to find out more information on a product, but more importantly, barter on price. The majority of their income comes not from commission, like Amazon and eBay, but from advertising revenue produced by sellers trying to market a product to sell on their site.

Groupon – $760,000,000 $24 per second

Groupon, a deal-of-the-day website, launched just 3 years ago in 2008 in just one city, is now in 150 markets in North America and 100 markets in Europe, Asia and South America with a following of more than 35 million registered users. The hugely rapid growth has had the Wall Street Journal report that the company is on pace to make $1 billion in sales faster than any other business, ever. The idea is simple, you sign up to a daily newsletter for the city that you live in and you’ll receive daily deals for stuff that you may be interested in. You find stuff for cheap, the seller makes loads of money, and Groupon make a fat commission. They’ve come along way in a sea of over 500 tough competitors, but only 1 has really come close, and that’s LivingSocial, but even that hasn’t made much of a dent. There is 1 reason to be worried though, and that’s Google, who, having failed to buy Groupon for US$6billion, are planning to launch their own competing product called Google Offers, and we all know what a force Google can be…

Orbitz – $757,500,000 $24 per second

Orbitz revenue is actually a little bit down in the past couple years, but they’re still one of the most popular places to look for travel information with 1.5 million flight searches and 1 million hotel searches made through their website everyday. Founded in 2001, Orbitz was established through a partnership of major airlines as a way to get in on the action that sites like Expedia and Travelocity were having, and it’s done so very successfully with 5 of the 6 major airlines combining to make this happen.

Yandex – $439,700,000 $14 per second

Yet another search engine has made it onto the list, this time from the largest country in the world – Russia, where it’s the largest search engine in the country. The majority of Yandex’s income comes from advertising, but like all good search engines, they don’t just do your bog standard searches. Yandex index over 10 billion pages, own a road traffic monitoring agency which they use for their maps, offer photo sharing service similar to Flickr and run an e-commerce payment system which is the second most popular in Russia. When you consider that Russia has declining a population of less than 142 million, and China has a population of over 1.3 billion, Yandex have done very well for themselves compared to Baidu.

ClickBank – $350,000,000 $11 per second

If you’ve been blogging for much time at all, you’ll be familiar with ClickBank; it’s an online marketplace for digital information products. If you were to create a digital product such as an ebook for sale, this is where you’d come to find affiliate markets in your niche who would sell it for you. You have to give away a large commission, but the beauty of a digital product means that once it’s been made, it doesn’t cost you any money to reproduce so you can continue to sell it at whatever price you’d like. Voted the no.1 affiliate network in America, the website has attracted over 1 million affiliate marketers, with around 10% of them being active at any one time.

LinkedIn – $215,200,000 $7 per second

Launched back in May 2003, LinkedIn is like a business version of Facebook with more than 100 million users in over 200 countries across the world. With the slogan ‘Relationships Matter’, LinedIn realise the importance of business networking in helping to build a company and so do their users, which is why they currently get 33.9 million unique visitors a month, surpassing Myspace in traffic. By the end of 2010, LinkedIn was valued at $1.575 billion, and has earned a lot of respect from critics, with Silicon Valley Insider ranking the company No.10 on its Top 100 List of most valuable start ups at the end of 2010.

Read more: ‘Top 30 Earning Blogs’

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