Monday, March 30, 2009

$10MM a year for working 1 hour a day

I just read an incredible story. Markus Frind is Founder and CEO of Plenty of Fish, a Canadian dating site that serves up 1.6 billion pages a year, far more than Till recently the company had 1 employee. His site is so simplistic, he needs less than an hour a day to maintain it. He recently hired 3 employees. The website was set up to be maintenance free. "It runs itself" he told Inc. The site is intelligent, so one sees only a narrow group of potential mates and not the 10 million people that are there. The CEO believes he makes 800K connections a year.
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