As the Internet has revolutionised the world in recent times it has offered people, willing to take advantage of its global popularity, opportunities like never before. One such budding Internet entrepreneur from British Colombia, Canada has grasped this opening with both hands and has become a master of “website flipping”.
To all those who aren’t familiar with this term, this money making cyber technique has been likened to an antique dealer who visits car boot sales, discovers gems, repackages them and then resells them.
However, instead of dealing with old lamps or watches, 16 year old Donny Oygang has become astute at buying websites he thinks are marketable and reselling them for profit. His two most recent ventures include the gaming online community BattleForums.com which boasts some 60,000 members and LiveTV.ws, an internet TV resource website with 22,000 members, which allows the user to watch TV channels from all over the world at a click of a button.
The latest site that he sold, StarCraft, was purchased for $2,000 and sold in a matter of two weeks for $4,250. Donny’s interest in computers began at a young age when he started reading his Dad’s computer science university books.
Having studied his father’s books with such avid enthusiasm he is now perfectly placed to take advantage of this Internet age, “The Internet is growing at such a huge rate, it is impossible to ignore the potential. Never before have we been able to use such mediums to communicate with our visitors, customers, clients and prospects”.
In terms of the future Donny has radical plans to design a social networking website that he believes will one day change the educational system forever. Watch this space.
Read Donny Ouyang's Interview with YHP here!
Written by Henry Colburn