I can't help myself - I purchased another site on Flippa
Posted 01-28-2010 at 02:17 PM by theemperor
Lol! Women like shoes... and I like sites for sale on Flippa. I probably spend less on flippa sites than a lot of women on shoes, but I have just found a nice one for circa$1600 ... won't say which one yet as the the transaction is going through still.
So why buy a site? Simple! - you'll get your money back in revenue in 6 months if you choose wisely. And that is just maintaining the site - if you can improve it it may pay back in 3!
So you want to earn $1k a month - You could slave away doing article marketing every evening whilst your mates are out enjoying themselves... or just buy a site for $5-$10k and yeah you have to wait to get your money back but then you have the site.
Also it is great for scalability - you only have so many hours in the day and buying sites is scalable - you can buy more expensive sites or a larger quantity of cheaper ones.
However there is a problem! You need capital. Show me the moolah!
This is where I have an idea which I will share, because it is "local" and "offline" - just find some local investors who want to get a better yield than 1% at the bank or 5% on real estate / stock market. Tell them "how about 100% ROI on websites"
Then leverage their money whilst keeping a cut for yourself. The idea is simple but I am sure the red tape will be deep - after all it is investment and in the UK we have a governing body called the FSA (Financial Services Authority) which will probably need to be involved somehow - but I really like the idea.
It is like setting up your own "nano" private equity investment company, with the funds going into websites rather than brick&mortar businesses.
So why buy a site? Simple! - you'll get your money back in revenue in 6 months if you choose wisely. And that is just maintaining the site - if you can improve it it may pay back in 3!
So you want to earn $1k a month - You could slave away doing article marketing every evening whilst your mates are out enjoying themselves... or just buy a site for $5-$10k and yeah you have to wait to get your money back but then you have the site.
Also it is great for scalability - you only have so many hours in the day and buying sites is scalable - you can buy more expensive sites or a larger quantity of cheaper ones.
However there is a problem! You need capital. Show me the moolah!
This is where I have an idea which I will share, because it is "local" and "offline" - just find some local investors who want to get a better yield than 1% at the bank or 5% on real estate / stock market. Tell them "how about 100% ROI on websites"
Then leverage their money whilst keeping a cut for yourself. The idea is simple but I am sure the red tape will be deep - after all it is investment and in the UK we have a governing body called the FSA (Financial Services Authority) which will probably need to be involved somehow - but I really like the idea.
It is like setting up your own "nano" private equity investment company, with the funds going into websites rather than brick&mortar businesses.
Total Comments 4
Comments
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I find it interesting. Since I don't have the investment money, I wonder what would have to be gone through here in the USA.Posted 02-01-2010 at 04:01 AM by theunknownthem
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Your "investment money" could be as little as $50 or $100 to buy a site, then flip it. Then keep it as "bank roll" to buy bigger and bigger sites.Quote:Originally Posted by theunknownthem
I find it interesting. Since I don't have the investment money, I wonder what would have to be gone through here in the USA.Posted 02-01-2010 at 05:41 AM by theemperor -
Thanks for the advice. Slowly building a bit of online worth in order to buy bigger sites - It just takes time.
I never outlay my own income, only the money I make online - It may take a while though the risk is nill.Posted 02-03-2010 at 02:03 AM by AzzX - Question: How to you "find some local investors who want to get a better yield than 1%?"
The overall strategy look good why not make a short video wso and share it with the rest of us then upsell the answere to the question above : )Posted 11-19-2011 at 11:59 AM by owenian1
