Nonprofit makes $90 MILLION per year selling barcodes

Here's something that’ll blow your mind — there’s a nonprofit making a staggering $90 million a year selling barcodes. Sounds wild, right? Well, according to My First Million, this organization essentially turned a simple barcode system into a money-making machine. The kicker? They provide these barcodes for free to businesses, then charge hefty fees for the data and tracking services layered on top. It’s a clever twist — by giving away the basics, they lure in thousands of companies, then monetize the valuable data those barcodes generate. As My First Million points out, this model shows how even nonprofits can tap into profit if they cleverly leverage data. So, what does this actually mean for you? Whether you’re building a startup or running a business, it’s a reminder that sometimes, giving away the free stuff can lead to big bucks — and the right data can be pure gold. Keep an eye on this — because the future’s all about smart data plays.