i want to save up and buy an established website. what do you think?

11 replies
Hi,

I want to save up my money and buy a business (established website with traffic and income).

i have been buying a lot of training courses with no result. i stopped buying any more guides and courses.

Had I saved up instead and bought an established site with traffic and income, I would have been better off by now.

so i dont want to waste my time and money buying training courses anymore.

I am aware of the scammers selling websites. but I know what to do to verify their claims.

If i buy 2 or 3 established websites with income then I can quit my day job

what do you think?
#buy #established #save #website
  • Profile picture of the author superowid
    Just remember... that 2 or 3 established websites with income were all created through a lot of pain than you might have before. Hence comes the expensive but reasonable price for you to acquire them. And don't forget that you still have to work on them to keep them make profit for you. You must understand that what make those websites profitable is the people behind it. So buying the profitable website doesn't automatically give you a guarantee of success. If you don't believe it... go ahead ask this forum's new owner.
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    JUST USE MY GRAPHIC & VIDEO SERVICES
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  • Profile picture of the author Tom Addams
    Originally Posted by Alfred Hitchcock View Post

    Hi,

    I want to save up my money and buy a business (established website with traffic and income).

    i have been buying a lot of training courses with no result. i stopped buying any more guides and courses.

    Had I saved up instead and bought an established site with traffic and income, I would have been better off by now.

    so i dont want to waste my time and money buying training courses anymore.

    I am aware of the scammers selling websites. but I know what to do to verify their claims.

    If i buy 2 or 3 established websites with income then I can quit my day job

    what do you think?
    Bad idea.

    If you're unable (at present) to develop and grow a website, then it is very unlikely that you're able to manage a website. This is the likelihood: you do your research and throw down some coin for a website with traffic and income and 6 months later you have a website with no traffic and no income. The 6 month time-frame could be a great deal less depending on the situation (unknown variables).

    It sounds a good idea in theory. But it only sounds that way because (again, at present) you're not too savvy on what it takes to grow an income site. A great deal of work and erudition is required to sustain website income flow. Someone selling you an income property will never tell you this. It isn't in their best interest, of course. But that's the truth: it's a bad idea. The better idea is to grow your portfolio of IM properties when you know how to take care of them.

    It isn't all bad news, though.

    If you have enough money to be thinking about buying income sites, then you have all the money you need to find out if a career in IM is for you. And I'm not talking about buying courses or books or coaching or anything of the like. I'm talking about investing in the basics to setup and grow your own business from the ground up. Most newbies (at a guess) are not in such an enviable position. They have little in the way of startup capital - and, as we both know, it takes money to make money.

    Reading between the lines here, Alfred: you have startup funds, you're committed to a career in IM, and you have a firm grasp of the English language. That means you have the necessaries to get started in IM. It doesn't mean you'll succeed, but it at least means you get to find out whether or not you can succeed. What I would do in your shoes is keep things super simple. Decide on 1 simple and solid business model. The favourite in these here parts is growing a list through a basic squeeze page (a little more to it, but you get my drift) but you have plenty of options.

    So. Select your simple and solid business model. Devote the minimum funds to ensure it has a chance at success. Then dedicate yourself to no other model and no other IM activities that will act as a distraction. Avoid chasing shiny objects in the form of books and courses and so forth. Dedicate yourself to the new startup. Give it your all. Think it, sleep it, eat it. Make it work. And if it doesn't work? Then repeat the same procedure for another business model. The end result should be this: eventually, you'll find the right type of business for you.

    At that point, you may decide to buy up income properties that embrace the very same model. You'll understand how to operate them. Your investment will be more secure.

    - Tom
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    I Coach: Learn More | My Latest WF Thread: Dead Domains/ Passive Traffic

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    • Profile picture of the author Realtime1
      Thanks Tom. Very insightful.

      Mark
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  • Profile picture of the author neal patel
    hey, before buying expired domains or buying website of others, there are many factors which should be checked.
    to buy established website is a good idea but few things should be checked before buying them.

    a few days back i came across one blog, i m sure it will help you.
    click here to know about which things should be checked before buying expired or established domain.
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  • Profile picture of the author Bella Lopez
    A successful website becomes successful because there are many people working behind it. If you're willing to work on the website, then you can definitely make the purchase and earn from it.

    However, don't think that the website will remain profitable for a long time
    if you won't work on it.
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  • Profile picture of the author smartprofitmoney
    Originally Posted by Alfred Hitchcock View Post

    Hi,

    I want to save up my money and buy a business (established website with traffic and income).

    i have been buying a lot of training courses with no result. i stopped buying any more guides and courses.

    Had I saved up instead and bought an established site with traffic and income, I would have been better off by now.

    so i dont want to waste my time and money buying training courses anymore.

    I am aware of the scammers selling websites. but I know what to do to verify their claims.

    If i buy 2 or 3 established websites with income then I can quit my day job

    what do you think?
    Hello

    Well if your going on Flippa, you must know this,
    if a website is making $5,000 per month, you must read in the website description on what marketing is being done every month, now most sites on Flippa, that are a few thousands dollars are paying every month in marketing, to achieve $5,000 per month,

    So the trick is to find a Website built on SEO free traffic that makes money, or you will have to know how to run all the marketing that the website owners are doing to make money and profit, from their website, that are not making money and profit from SEO

    I have met many Flippa website owners, that say there website was making lots of money, but has died down after purchase, and then ask me how to fix it.

    Ok hope this helps.

    Thanks Rob
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  • Profile picture of the author nextmiledigital
    Consider history of website, revenue streams, traffic quality, replication possibilities and accuracy of provided figures.
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  • Profile picture of the author Steve B
    Originally Posted by Alfred Hitchcock View Post

    I am aware of the scammers selling websites. . . If i buy 2 or 3 established websites with income then I can quit my day job

    There are a number of issues you should consider, in addition to the obvious issue of a scammer selling you "the goods."
    • How much time and effort is required to execute the site daily?
    • What are the sources of traffic to the site? Can you maintain the cost of marketing that is currently going on?
    • Has the site concept or products run their course? (Sometimes products and even niches decline quickly due to technology or consumer preferences)
    • Do you get prospect and buyer lists as well as domains with the purchase?
    • Has the site been blacklisted or in any way shut off from previous alliances?
    • Can products still be sourced at prices that make sense?
    • Are there any pending legal actions against the business or site? Taxes or outstanding bills that must be paid?
    • Just what is the reason for the sale if the site is generating good income? (If the site is a good money-maker, why would the owner let it go instead of hiring an inexpensive 3rd party VA to run the site daily yet keep the income stream flowing?)
    These are just a few of the questions I would want resolved before I purchased a business site. I can think of others as well, but you get the point. There are more issues than just the seller being a scammer, especially if the site is selling at a high price.


    Steve
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  • Profile picture of the author Alexandar33
    Buying a profitable website now is not 100% sure invest if you are not sure in yourself and your team that you can maintain it.

    https://flippa.com/
    Try your luck here
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  • Profile picture of the author shoko1
    Why not build one urself it more than u think
    I can show you how i build great websites in s few hours work boght content to them and attached adsens
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  • Profile picture of the author ChrisBa
    I've never been a fan of this.
    I'd prefer to build them myself.
    I'm not saying it can't work, I personally just prefer to build it up myself.
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