Welcome to aaron chua make money blog

Hi, welcome to my blog. In this part of my world, I talked about how to achieve financial freedom by learning how to make money online through creating sites and earning from them.

Below are some current and past make money projects that details my learning journey.

My current experiment in making 50 amazon site niches. If you have not been following this challenge, best place to start is this resource page for the amazon challenge, that lists all the articles that I have written so far.

My experiment in making 1000 a month through adsense in 9 months.

If you came here looking for low cost startup ideas, here are 140 startup ideas that you can browse through.

Saturday, 19 July 2008

Startup Idea #75: Comparision site for drug order

SAN ANSELMO, CA - MAY 21: In this photo illust...Image by Getty Images via DaylifeRisks in ordering drugs online: A clear case for market design principles. With rising health costs, it is reasonable to expect more and more people going online to source for cheaper alternatives. Unintentionally but not unexpectedly, there will be a corresponding increase in the number of counterfeit drugs.

So, what kind of opportunities are open to a startup to help rectify the problem?

I see an opportunity to build a JellyFish type of comparison sites for online drugs with a built-in reputation system for information revelation. It is also important to create a risk index for sites that have not been rated, similar to what Zillow has done for housing: creating liquidity in the market. Designing such a market driven incentive will be more productive than a top down approach IMHO. Besides doing good, there is of course the $75 billion market that you can tap into : )

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