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Small Businesses Ideas 020 Music Software sells to the Tune of 60million For Justin Frankel!Name: Justin Frankel. 'Foolish' Idea: A software program which enable computers to play music in the MP3 digital-audio format. How Idea was Launched: While living in England, Mr Frankel put the program on a friend's web server. It became one of the most popular downloads around, so his parent persuaded him to sell it as shareware. Started his own company, Nullsoft Inc. Earnings: Justin now lives in San Francisco, because in June 1999, the Internet giant, America Online bought his company, Nullsoft Inc., for over 60million. Justin Frankel was one of five shareholders.
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