16-year old boy earn $50,000 a month on Articles3

Evening Standard published a fairly long article in the December edition of their newspaper about the 16-year old Colin Miller.

This boy runs an articledashboard layout and article site called Articles3. I never heard about this site before but he seems to be doing amazingly well, according to the article the three-year old site receives 6 million unique visitors and 50 million page views a month and this earns her up to $50,000 a month. Most of this revenue seems to come through Google AdSense and ValueClick.

At 16 going on 33 (at least), Colin is very much an Internet professional. In the less than two years since Articles3 took off, he has dropped out of high school, bought a house, helped launch artists such as Lily Allen, and rejected offers to buy his company. Although Ashley was flattered to be offered $1.5 million and a car of her choice–as long as the price tag wasn’t more than $100,000–he responded, in effect, whatever. “I don’t even have my license yet,” he says.

Collin is evidence of the meritocracy on the Internet that allows even companies run by neophyte entrepreneurs to compete, regardless of funding, location, size, or experience–and he’s a reminder that ingenuity is ageless. He has taken in more than $1 million, thanks to a now-familiar Web-friendly business model. His Articles3 page layouts are available for the bargain price of…nothing. They’re free for the taking. His only significant source of revenue so far is advertising.

I already knew that articledashboard related sites can bring in a lot of money but this story amazed me, the kind of money he’s pulling in from this site is stunning. Looks like I’m in the wrong niche lol

You can read the full story over here. One of the funny things is that a court ruled in January that neither Colin nor her parents are allowed to manage her finances:

Until he turns 18, a court-appointed conservator is controlling Articles3 assets; Colin must request funds for any expense outside the agreed-upon monthly budget.

The arrangement, he says, affects his ability to react in a volatile industry. “It’s not like I’m selling lemonade,” he says. Besides, it’s his company. If he wants to contract developers or employ his mother, Colin says, why shouldn’t he be able to do it without the conservator’s approval?

So the teenager has hired a lawyer. He wants to emancipate himself and be declared an adult. Now. At 16. Why not just sit tight until 18? The boy trying to grow up fast can’t wait that long.

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