Success story - self-publishing millionaire

There's a section "Success stories" on my blog that I haven't been updating for quiet awhile as there are not so many interesting stories of commercial success to tell. Well, today I've found one that really deserves attention. I wonder why I didn't hear about this successful business before, but anyway, it's better to post the story late, then to don't post it at all. Amanda Hocking, the 26-year-old from Minnesota is a self-publishing star, who sold almost a million electronic copies of her paranormal romance books and earned close to $2 million. Ms. Hocking began self-publishing her books, urban fantasy novels, last year, selling them through online retailers like Amazon.com and BN.com for $2.99 or $0.99. Hocking's popularity in the Internet got enormous and transformed her into a spokeswoman for the practice of self-publishing, which allows authors to sell their books directly to readers without the help of a traditional publisher. But becoming is symbol of self-publishing authors is not the only advantage she got from getting famous. The other good news is that Amanda signed a contract for a four-book series to traditional publishers and now she'll finally have a possibility to be just a writer and don't waist efforts and time for promotion and editing. Ms. Hocking's story once again proved that if you have a goal in life (to become a writer, for example), don't sit and wait for fate to provide a chance. Just start doing something, search for opportunities, try out different strategies and your success will find you soon!

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Successful online business - gambling on grades

Online gambling business is among the most profitable businesses worldwide. Yet in some countries online gambling is illegal so you have to think of something unusual to earn money this way. Jeremy Gelbart and Steven Wolf from US have step out with a very interesting online business idea that involves gambling, but at the same time doesn't go contrary to the law. Ultrinsic is a website that allows college students to gamble on their grades in a course or a semester. The name of the site means ULTerior motivation that produces intRINSIC love of knowledge. In other words site is focused on providing motivation to perform well academically. the service uses an algorithm that takes into account current work load, course history and, when available, the difficulty of a specific course. Ultrinsic calculates the odds on your academic career, and allows you to make wagers for cash rewards. For example, if Ultrinsic thinks that the odds are two to one against you getting an A in Modern English Grammar, and you decide to wager $50, an A will net you $100 on top of the $50 you originally risked. You can also buy "grade insurance," which pays cash if you fail a class. Betting on grades is currently available for students in 36 US colleges, but founder of Ultrinsic plan to expand. Innovative approach and creative thinking always pays off so I'm pretty sure that in time we'll hear about Ultrinsic more and more.

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Unusual home business idea - bacon scented candles

Homemade scented candles is among most popular women business ideas. Yet today I've found out that this traditional small business can be much more interesting and much more innovative then I could imagine! A 13-year-old Hart Main from ohio started his own scented candle business. And not just any floral or fruity aroma. His line is called Man Cans and candles smells as bacon, pizza or leather baseball mitt. "I created ManCans when my sister was selling candles for school and I realized how much I hated those girly scents," Main says. Hart makes the candles in his kitchen from empty soup cans (he donated the soup to a soup kitchen). The brown wrapper is made of recycled paper. This unique business idea shows how easily you can succeed by combining two most popular business trends for 2011 – "go green" and "ordinary thing, extraordinary approach".

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