
In Ron Jackson's latest cover story, he focuses on the life-journey of Aussie Michael Gilmour. His life has been the quintessential boom to bust to boom again saga that serial entrepreneurs so closely identify with. After working hard his whole life he was worth millions only to suddenly find himself, due to circumstances beyond his control, flat broke almost overnight.
In 2003 he took his last $100 and bought a domain name. "There I was sitting at home with no job and wondering what I was going to do," Gilmour said. "Back in 2003 my cousin and I used to talk nearly every night about the Internet and I remember after one of these conversations at about 2 o'clock in the morning I ended up investing $100 in my first domain name. That $100 was literally all my wife and I had left."
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Source: DNJournal by Ron Jackson -- Reprinted with permission -- November 14, 2008