I think you need to get a broader understanding of how business, especially internet business, works before making your assumptions. The website you referenced is based on the experience of one person who jumped into the online poker world at just the right time and made some money. He also had a PR triumph which probably helped him out a lot.
I doubt he made all that much money, though, because people who have really made money rarely operate blogs talking about how to make money.
So, if you have a plan to jump into a niche business that is a bit fuzzy when it comes to the law, then get some incredible PR for free, you can do pretty well. But, the author of the website/blog doesn't seem that credible to me
If you were consult some other sources of business knowledge you might get a more balanced view of how things work, and maybe you'd revise your assumptions, which I will address here:
This can't really be stated as a 'fact', and is a very questionable assumption.
Statistically, money invested in education has about the best return on anything you can possibly do. Getting higher education consistently increases lifetime earnings. Also, the statistics on business investment prove the reverse - small businesses and investors can get eaten alive and it's an extremely risky practice. Huge amounts of people lose their investments, and depending on which statistics you choose to believe, a large percentage of businesses fail.
Paying a university for a sensibly chosen degree path is a great investment, both financially and personally.
Great! How confident are you? Are you confident that you can learn the ropes, work your ass off, make mistakes, learn lessons, continue working your ass off, and eventually make it big? I bet you can!
But are you so confident that you think you can skip all the above stuff and simply succeed in business on the first try with no experience or training? That's pretty confident
It is possible to get much more than 100% ROI investing in business. It is also possible to get 100% loss. This isn't really a meaningful assumption because you could easily just say, "It's possible to go to Vegas with 10k and come home with enough to pay for your whole education". But, that's not much of a plan, is it?
The one thing that is missing from your statements is an answer to this question: "Why would YOU succeed with this plan that most people find to be unrealistic?". Maybe there is an answer - are you brilliant, well connected, have a killer product, or just the luckiest person on earth? I