Thai Student Entrepreneur Launches Million Dollar Homepage With $200,000 Prize

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A Thai entrepreneur aims to pay his family debt by selling 10,000 boxes of Internet ad space for $199 each with a huge prize: 199 lucky boxes worth $200,000. Supadet Jitthamma, 19, will finish his degree studies later in 2007 and hopes his 'Million Dollar To You' will attract big-spending advertisers.

A 19-year-old Thai entrepreneur is hoping to pay his family debt and his master's degree cost and become a millionaire in the process - by selling 10,000 boxes of ad space for $199 each on his website's homepage.

The objective is very simple, as the name ‘milliondollartoyou.com’ implies. He is trying to make at least $1 million by selling 10,000 boxes of space on his website for $199 each. In those 10,000 boxes there are 199 lucky boxes that total worth $200,000. He try to give away this big amount of money to 199 lucky people that sponsor his website.

Supadet Jitthamma (Mike), from Nonthaburi, Thailand, set up milliondollartoyou.com after thinking of ideas to help his parents pay a huge debt (about $200,000)and his plan of master degree in U.S.(about $50,000 per year). Mike said that being faced with the prospect of a large family debt spurred him into action: "I'd rather not to be riddled with debt when I graduate, so I decided to think of a way to make money to help my parents."

Mike, who will be studying Business Management at university in Thailand, says that people can use the boxes they buy to display an ad or logo and have a link to their own site.

"I think this will mostly appeal to businesses and you also have high potential to win a lucky box," Mike commented, "and perhaps larger companies will buy up lots of boxes to have more potential to win lucky boxes and more prominent position on the site."

He believes that over time the boxes will offer good value because the website will be kept online for at least 5 years, although the aim is to have it up for 10 year or more. "It will be the most effective short-term investment and long-term advertising for your company," Mike explained.

Asked what he will do with any leftover cash should he reach his target, Mike said, "After covering all debt of my family, I will pay for my parents to have some special time for their life, because they work really hard for me and deserve a break (my dad is 62 and my mom is 48). Then I have some business ideas that I plan when I finish all my studies."

Find out more about Supadet Jitthamma and his wonderful business idea at http://www.milliondollartoyou.com/frmFAQ.Aspx or http://www.milliondollartoyou.com.

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