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A certain self-proclaimed “Social Millionaire” pinged us and asked for a review of, what could be, the next big million dollar idea. Just when we thought nobody could come up with yet another Million Dollar Idea, 19 y/o Entrepreneur Pat Hankinson surprised us with the refreshing angle he’s using to become a dot com Moo-gul. No pixel sales and no wiki pages this time. Its old-fashioned keywords, mixed with some new-wave social media that should do the trick according to Pat.

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Unfortunately, it’s not very clear what exactly Pat is going to do to get the whole social media scene involved. Our best guess is that he’ll have a master plan to start driving social traffic to his site, exposing the advertisers that bought a keyword. The interesting thing is that the keywords range from $1 to however much money you’d like to spend on one. The more you pay, the more visibility you’ll get. Having just started out, there’s not a whole lot of competition going on yet, but this could quickly change, seeing Pat has started to invest in sponsored reviews around the net. Here’s another one we found, which might have some additional info for you if you’re interested in getting on board for a few dollars.

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We’ve grabbed two spots for ourselves, extra kudos to whomever can guess which ones we got :D

Will the social network angle work? It’s hard to tell because nothing is as unpredictable as the social network users. If Pat has some sort of system in place, where he can actually drive mad social network traffic towards his site, it just might be a good investment. For a few bucks, you can’t really go wrong anyway. The fact that he’s already dishing out dineros for reviews tells us Pat is serious about making this work. We get a warm and fuzzy feeling from passionate people like that, and hopefully his passion will make us more money. The two keywords we bought are directed to, you might have guessed it, sites that make convert traffic into money. You could put up your affiliate links, or promote you own product.

If you decide to take the plunge and become part of what might be the next big thing, make sure you check out where Pat hangs out and become his friend on either Facebook, Myspace, Youtube, Orkut, Stickcam or Bebo. Surely you don’t want to be the person that didn’t become friends with the Social Millionaire. When, and not if, he goes viral and becomes another Internet superstar, you’ll be kicking yourself for missing out on a great networking opportunity!

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