I bought over $20,000 worth of sites and domains, now what?

Try selling them on sites like Flippa or where did you buy them from you could try selling them there as well. You could just hold onto them and get the sites you want up and running and then move onto your other sites.

Just my two cents

So you spent $20,000 without backed up by any plan??

Dude, you need to hire a financial advisor or get married lol...

Anyway, you can sell them on flippa or here. What else you can do?

Wow, spending 20k on domains/sites without a clear gameplan... I bet its going to take a while recouping your investment.
Good Luck.

You made $6,500 with $1,200 investment with one of your websites in one month and you are asking us what to do next? I think you already know a lot more than the 99% who will reply here.

Anyway, if I were you, I would focus on one single site at a time and bring it to its maximum possible potential. Then I would move on to the next site and so on. I would keep only the sites that has potential and that I personally like to work on even if all the work was done by outsourcing.

Reselling the domains I cant help you with but I can help you outsource the entire management side of your sites so that all you are left to do is collect the cheque's at the end of the month.

I would be happy to provide a complete proposal of the exact service we would provide and you'll get to see the whole project unfold before you via our client dashboard.

Sounds like a shiny object syndrome. We have all been there.

You may have had a plan, but it was not complete, because it should take into account the number of sites you can service with the time you have available.

Now the lesson is learned, to dig yourself out of the hole, you could try to flip some of your sites. This is the easiest way I think to get back the money, and you may make some profit if you are lucky. Do it soon before the sites lose value.

i guess i got a game planned and since you got best 3 then work on those 3 and from only one of them well monetize you can recover your 20k with good work . get a web/financial consultant for best advise

You've done very well already!

Wow, making $6,500 from a $21,500 investment in one month is an extraordinary feat! Let's do the sums...

6,500/21,500 = .302 x 100 = 30.2% return in one month x 12 = 362% PA (annualised presuming similar returns). That's as awesome as it gets my friend.

If you proceed at just this rate and make $6,500 every time you spend just $1,200 in promotion you are as successful a business owner as there ever was.

Congratulations! All you have to work out is how much money you want to make per month and invest a suitable amount in promotion then kick back and focus on your hobbies and your passions and you're set. Add a safe percentage for failures and take growth as it comes and you are on a very happy road. One of the best most inspiring success stories I've read in years of membership on this forum.

Outstanding! I'd be interesting in interviewing you as a case study if you're up for it. I have an audience waiting to hear how you did it.

Aaah, I see we have something in common (options trader). Nice work man, you're my "today's hero".

Have a plan for each site and bring out it's complete potential.Like you said,don't focus on too many.Sell the low performing one's.

If I have too much money then I can follow these steps, not now!

I would focus on building a complete backend business using 1 site, and just milk that site until it cant be milked anymore (and that's IF it doesnt get milked anymore). Get rid of all the other sites and focus on your most profitable one right now.

Build some simple sites on those domains you don't want to keep, add some contents, improve the ranking, and then sell them. You should be able to sell for a lot more with some simple work.

The best way to make an income from your sites that you have purchased is to either improve them a little or leave themas they are then go to a service called Flippa and sell them for a profit.

As for the domains if you have the skill and knowledge then develop site based around the domain name and sell them on Flippa or simply put the domains up for auction.

Cheers Mark Wightley

From the nick, I assumed you are a hedge fund investors and this is probably a side project.

I have seen the trend over the last couple of years and don't be surprise many of us here (bankers, financial advisors, investors, etc) are divesting our funds into these "alternative" investments to provide some sort of passive income away from traditional stock, options or mutual funds.

Investing in domains and websites are actually fun and addictive if you know what you are doing. Having your assets hitting 30% ROI in a month is already a WIN!

Welcome to the digital assets investment club!

I suggest you hire several people to help you run these sites, and you should add values to them continually, or they will lose values slowly, and incur your loss.

Wow! You bought websites and domain for $20k? I can buy one car here in my country. WuuHuu! If the sites is making you money, why would you sell them? Just enjoy or make some more improvements and you'll get your investments back in no time.

Is it truly your money....lol...

Man how can you spend soo much with out a backup plan.......

Two options: 1. Hire a good team to help you. Sounds like you tried this and couldn't find anyone. Try again perhaps? The most important team member is your writer. All of these sites need fresh content. If you are feeding them with content and they are already making some kind of money (maybe not as much as they could) then you can at least afford to let them hang out while you bring each one up to it's full potential.


2. Quickly see if there is anything you can do to increase the profit for the existing traffic. A lot of times it's just the copy that needs tweaking or in some case a complete rewrite. You could also quickly create products, set up a more effective autoresponder sequence for the email lists (if there is one), find affiliate products to promote, etc. After a few months of good income flip them on Flippa. Flipping a site on Flippa right after you just bought it is a good way to not get your money back in most cases (in less you got a really good price on it). Consider a Flippa broker if you go this route as they will probably be able to get you more money if you aren't experienced on that site.