One to watch: Patrick Hankinson, The Social Millionaire
UKpreneur catches up with the next Alex Tew, Patrick Hankinson as he tries to make $1 million via his website The Social Millionaire.
Can you tell us who you are, your age and a little about your current project?
My name is Patrick Hankinson and I just turned 20 years old. I am a young entrepreneur and have been making a living online for the last couple of years. I recently launched a website called The Social Millionaire. The purpose of this website is to help me raise a million dollars while providing an invaluable service for my advertisers. The money will be used to help some start up companies.
What do you hope to achieve and by when?
I would like to raise $1 million dollars by the end of 2008.
Why do you think you will succeed?
I will succeed with this project because I think it really connects with most mainstream people so it could generate a lot of interest very quickly. The viral components of this website could make it explode.
Talk us through the process you had from idea to actually getting the money in on your website?
I actually came up with the idea a few years ago but it was more along the lines of do it through videos. Then Facebook came along and I thought it would be really cool to execute the same idea through social media websites. After I did some research I found out this idea could really take off so I started putting together the website since I am a web programmer. When it was ready I launched it privately to my newsletter subscribers while writing up my marketing plan. Then executed the marketing plan and am not even close to done.
Have you always been entrepreneurial? Have you had any past failures or successes?
As far as I can remember I have always have tried running some type of company. When I was about 15 I moved into the online world and by 16 I was starting to see a nice income.
I have many failures but nothing where I lost loads of cash. I just lost the time I spent developing the idea. I have had quite a few successful companies which have definitely made it worth it.
Who if any, is your idol, either in the business world or family?
Tough question. There are so many interesting entrepreneurs and creative people out there. Some of my favourite entrepreneurs are Jeff Skoll, KC Irving and Kevin Rose. They have all led very interesting lives and are true entrepreneurs!
Well UKpreneur has seen the rise and fall of many website ventures similar to Alex Tew’s Million Dollar Homepage and time has still yet to show if The Social Millionaire will have the same success, today he has sold $2764.48 worth of advertising. One to watch, definitely, good luck Patrick!