Shopify launched a "Build a Business" contest in which it will award a $100,000 grand prize to the business that posts the highest grossing sales in a 6-month period. The company partnered with Timothy Ferriss, author of "The 4-Hour Workweek," who along with others will host monthly webinars covering a wide range of topics related to launching and operating a successful online business. Topics will include promotion, design, outsourcing, financing and other relevant subjects.
The Build a Business contest runs through June 30, and Shopify expects more than 500 new stores to be launched as a result of the contest. Shopify, founded in 2005, hosts more than 5,000 online retailers, and offers five plans starting at $24 per month with no setup fees. The service is the flagship product of Jaded Pixel Technologies, headquartered in Ottawa, Canada.
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