Wednesday, June 10, 2009

Young Entrepreneur: I Knew That What I Was Building Would Be Very, Very Valuable – Kevin Ham

By Adam Toren

He is known as the man who owns the Internet because of the sheer volume of web domains under his ownership. But I think you will find that Kevin Ham’s path to entrepreneurship is an interesting one and his ambitious spirit serves as inspiration to all of us.

Very few recognize the name Kevin Ham, yet he is one of the most influential people in the dotcom world with an empire worth $300 million. Much of his fortune was made by buying domain names and from pay per click ads. But that wasn’t his initial career path. Ham is a family doctor, but he put off practicing medicine when he was bit by the Web bug. Since entering the dotcom business in 2000, he has amassed over 300,000 domain names and makes about $70 million in revenue each year. “If you control all the domains, then you control the Internet.”

That the 39-year old Ham remains under the radar in terms of notoriety is fine with him. He says his is a business that attracts many enemies, particularly other domain owners. The son of Korean immigrants, Ham, who grew up in Vancouver, British Columbia, works aggressively to accomplish his goals despite the obstacles put before him by naysayers. (more)

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