Comments on: Teenager Turns Down Offer Of $2.5 million For Her Business

By: Be A Business Success Story, No Matter What Your Age

Be A Business Success Story, No Matter What Your Age — Fri, 10 Oct 2008 17:43:30 +0000

[...] it’s not just the oldies who’ve found online business success. The story of Ashley Qualls hit the headlines last year. At seventeen years old, she became a millionaire, through her online [...]

By: How Much Money Does A Blog Make? 48 An Hour

How Much Money Does A Blog Make? 48 An Hour — Tue, 07 Oct 2008 23:45:19 +0000

[...] You’re Not Making Lots Of Money Teenager Turns Down Offer of $2.5 million For Her Business Blog Marketing and Amazing People What Is A Blog & Will It Feed You Or Eat You? [?] [...]

By: 7 Must Do's Before Starting An Online Business

7 Must Do's Before Starting An Online Business — Mon, 14 Jul 2008 22:04:06 +0000

[...] To Unleash The Entrepreneur Within You Want To Get Rich Quick? 7 Reasons Why It’s Dangerous Teenager Turns Down Offer of $2.5 Million For Her Business [?] Share [...]

By: Should a Kid Be In Business - Or Is It Just For Dragons?

Should a Kid Be In Business - Or Is It Just For Dragons? — Mon, 17 Dec 2007 05:15:33 +0000

[...] an earlier post, I mentioned the teenager Ashley Qualls, who recently turned down an offer of $2.5 million for her business. But the business has also [...]

By: The Foo

The Foo — Sun, 30 Sep 2007 01:02:58 +0000

this story is a great one and she’s really mature beyond her age. i’m always happy to see someone work hard and achieve something like she has. i won’t sell it either if my blog was worth 8 million or so.

however, it just makes you wonder whether it would be worth that in a few years. internet users have a very short attention span and may go to the next latest fad very quickly. if myspace is still popular 3-4 years form now, that’ll be great but if it is not, then her business might have gone from $70,000 a month to less than $100. And if that was the case, she might regret ever turning down 2 million.

Saying that, i am sure that she is wise enough to have a lot of that income in the bank and earning interest. If she plays her cards right, she is basically financially secure for the rest of her life.

i saw Casey Serin on TV early in the year. Good thing for him to close down his blog and properly deal with his problems especially with the FBI. not sure whether his blog is worth 20k though.

By: cathlawson

cathlawson — Sat, 29 Sep 2007 22:41:53 +0000

Thanks Ian – The site is still there – but no blog.

I see he appeared on the Robert Kyosaki show. I don’t have anything against Robert personally. In fact, he wrote some good books.

But when someone is telling half the world that they can all do something and get rich (eg. flip houses) it’s never going to work out is it? Especially when they’re all trying to do the same thing at the same time.

So, I wonder what happened to Casey Serin then after the blog and all?

By: Ian

Ian — Sat, 29 Sep 2007 21:17:38 +0000

Casey Serin was a barrel of laughs! The blog was http://iamfacingforeclosure.com.

He”d get at least 100 comments on most posts. Sometimes as many as 300. And it was al drivel really – but very amusing. The commenters were more entertaining than him.

In many respects he was a victim. He wasn’t as bad as people made out – but he was a fraudster though!

I think the story became interesting because of jealousy.

He did appear to make an awful lot of money from his blog (and book!), but you couldn’t ever get to the truth.

It was like a daily soap opera than a standard blog. Some of it was hyped I’m sure, but it was fascniating nontheless!

By: cathlawson

cathlawson — Sat, 29 Sep 2007 19:04:59 +0000

Hi Bontb – thanks for commenting. One thing you said really stood out – “they’re desperate to make money”. And this may be why they fall down. Desperation to make money alone is not the best foundation for building a successful business.

By: Bontb

Bontb — Sat, 29 Sep 2007 18:14:48 +0000

Yes I read that somewhere else, but from so many people only 1 got lucky. I mean how many bloggers is out there that are desperate to make money or to be famous blogger but they just don’t get lucky….

I guess if you have good idea and follow your goals what you would like to do with your life, you can do it.

By: cathlawson

cathlawson — Sat, 29 Sep 2007 17:44:32 +0000

Astrit – it’s not your fault you suck at maths. Only joking – easy mistake to make and she’s still making a bloody fortune, even with that 0 off.

Ian – I hadn’t heard of Casey Serin so I just had a quick search about. Am I right in understanding that he comitted fraud, then he was stupid enough to blog about it when the shit hit the fan?

It said somewhere that he sold the blog for $20k but I don’t know the url so I don’t know how it’s doing now.