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.

Thursday, 9 April 2009

5 startups experiments I like to try

I have been blogging for quite a while now. While many of the posts are ramblings off my head (thank you readers for willing to listen to these rants), I want to collapse some of them in this post into 5 startups ideas. Things that 1-2 developers can quickly code and experiment. These are stuff I wish I can do now. Unfortunately, I don't have the necessary time and resources. If you are somehow inspired by this post to do something, feel free to include me as a free advisor :)

Social payment for ecommerce
This idea came from a golden statement from betaworks:
there is a fundamental difference between “micropayments” (iTunes, I suppose) and social payments that are centered around a gesture, a social gesture, as a means of both giving money and openly stating a preference, and in that difference may lie new business models.

If I am a startup, I would use TipJoy's API to create a service for online stores to allow their customers to purchase their goods via Twitter. I will offer discounts to encourage such payments as that would mean the purchase can be broadcasted to the user's followers. I will allow users the option of making that broadcast.

Twitter VRM
I am very bullish on the concept of Twitter as a social VRM. What I would try is to create a command line such as #tVRM for users who want to receive offers from vendors when they twit about something they are looking for. The service would host the twit and the corresponding offers on another platform such that they will not 'pollute' the flow of normal Twitter conversations. Finally, I would like to link to something like Twellow such that vendors can be alerted to the tweets that are marked with #tVRM. (Example of Twitter as social VRM)

Firefox plug-in to provide real time analytics for your links
We are used to analytics for sites but when information is more like flow than destination, data for the bits and pieces is more important than for the whole.
Bit.ly has shown us just how valuable real time analytic is for individual links. What I like to experiment is to make this service available at the point of your linking, not only at particular sites like Bit.ly.

I want to build a Firefox plug-in that provides you with analytics of what you have linked, in whatever destinations the linking occurs. It can be at your blog, at third party commenting systems, at Facebook etc. It doesn't really matter. Through the browser, you can track your links in real time. That is when the true flows of links can be revealed.

Conversation tags for web wide discussions
I always feel that the twitter conversation tags such as @, rt et al are very useful tools to organise our conversations. However, why do I have to go to Twitter or any other places to use them? Why can't I add a similar tag to my blog title when I want to address to someone in specific. Similarly, why can't I retweet a comment that I found useful by simply adding a tag. Why must sharing be so tightly integrated into a service?

Through the browser, I hope an application independent conversation tag system can be developed. A system that allows the sender to tag anything thing from the web and share it. A system that allows the receiver to choose which service he wants the content from the conversation tags to appear in.

Web to Mobile distribution
Increasing, people want to move their content across Web and mobile. They want it in the context that makes sense to them. For me, I want a distributed service that lets me (i) bookmark articles from the Web that I want to read on the mobile, (ii) converts the article to a format that is easy to read, and (iii) allows me to easily interact with the articles (i.e. commenting, rating etc) via some interface innovation.

I want to build this service in a way that is separated and relies on current applications the user might be using. For example, if a user is on Delicious, I want him to continue to stay on it rather than forcing him to switch services. What I want to build is just the lines that joined the three components that I mentioned above.