Quick Rant On Get Rich Quick People That Buy Websites

17 replies
This is more of a rant but maybe it will show some of these guys the light...

Once in a blue moon I sell one of my websites. I take my time and write very detailed accounts of what the website does, how its built, how its marketed, and provide very transparent financials that show actual income, expenses, and compares these figures off to time involvement and the estimated longevity of the company.

In the end I can give a summery stating that the company earns an average of $9,800 profit per month after expenses, has grown by 16% a month for +14 consecutive months and has a predicted lifespan of 36-42 months..

Then some get rick quick idiot comes along and offers me $142 and 19 cents.. as long as the income is guaranteed with a contract written by an attorney.. and they will need support.. lots of support because they don't know a thing about operating a business.. and they don't have much time to really run the business either.. them being an airport bus driver and all. In fact.. they might even offer $150 if I'm willing to 'run' the business for the first 90 days and split profit. If I'm willing to give them the website for FREE then I can keep 20% of the profit as long as I continue to run it.

If you think you can get rich buying 'cashflow' sites then you can't.. if you believe you can buy a site for $19.95 and make $200 your first month and put NO effort into.. you can't. You can't buy a website that makes $1000 a month for $500.. and you can't 'hire' the same person selling the website to also 'operate' the website and pay themselves out with their own profits.

Stop trying to get rich fast. Spend +40 hours a week LEARNING website design, programming, business, and economics. Guys like myself making their living online and enjoying life traveling and 'living the dream' are well educated individuals with technical, marketing and deep seeded skills in finance and there is NO check in the world you can write us to just hand that over to you. If we WANTED a job we would go work for a corporation and charge them $300-500k a year.. but instead we want to be Internet gurus and just because we sell a website at a fair price doesn't mean we are for hire and it certainly doesn't mean we are going to give you something with SOLID cashflow for 'free' or 7-15 days of profit.. we are not insane.

So anytime you see a $20 website being sold that makes $200 a month just remember that its not someone like me that is selling it to you.. and your not someone like me that is buying anything of value. Your trying to get rich fast, cheat entrepreneurship, and your going to end up scammed or stuck with something worthless.

So I have built a simple formula:
If the site being sold doesn't show financials then don't buy it.
If the asking price is anything less then 4 months of profit.. don't buy it.
If you don't live and breath being an entrepreneur and want this really insane lifestyle that we have come to love.. keep your job, keep dreaming about getting rich quick.. but don't pursue it.

Internet entrepreneurs are a rare breed that don't need $$ to make money, they don't need instructions to build companies and they certainly won't help you get rich fast for absolutely nothing in return. The ONLY time I help someone build a company out of the goodness of my heart is when they are my neighbor and I love their family, enjoy their kids playing with my kids, and I want to HELP them have a better life because we have that BOND of friendship for each others family. If you and your 'mentor' don't have that.. get ready to pay $29.95 and then another $89.95 and then attend their $395 get together.. and be prepared to go back to driving your bus and stop sending me $142 dollar offers to buy a company making $10k a month. If it was THAT easy to make $10k a month then I would of just worked at McDonalds for a week and 'retired'... but instead I grinded for 20 years to become who I am.
#buy #people #quick #rant #rich #websites
  • Profile picture of the author HeySal
    LMAO. Fun rant. Website sellers aren't the only ones that have to deal with this crud. You should try being a professional writer in a market that thinks you can do in-depth research and write 1000 words for 5 bucks a crack.

    I have a series of disaster reports - 5 reports that required not only a lot of research, but also a solid knowledge base of ecosystems and geology, etc. They're around 2,000 words, came with PLR rights, etc. I was selling the whole pack for just short of $13 -- fractions of what it would have cost for someone to buy one article from me crafted just for them. I had a guy contact me and whine that he only needed one of the reports (2,300 words) so didn't want to pay $13 for the whole pkg. Then he wanted to know if I'd be interested to do writing just for him. It's just hard to be angry with people who are that intellectually disabled.

    Just blow them off. There are people who are grounded in reality out there to deal with.
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    • Profile picture of the author SuperKC
      Hahaha.. I can see the email already.. "Please Sir need discount only want 1500 word, your article is 2300 word, instead of $13 may I pay $2 yours truely hicup"
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  • Profile picture of the author entrepreneurjay
    intellectually disabled lmao good way of putting it and I couldn't agree more with both your rants.

    Some people are just plain ignorant
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  • Profile picture of the author Marko1989
    This was one of the better posts i have read here so far. Very sincere and to the point.
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  • Profile picture of the author Mike Hill
    Originally Posted by SuperKC View Post

    This is more of a rant but maybe it will show some of these guys the light...

    Once in a blue moon I sell one of my websites. I take my time and write very detailed accounts of what the website does, how its built, how its marketed, and provide very transparent financials that show actual income, expenses, and compares these figures off to time involvement and the estimated longevity of the company.

    In the end I can give a summery stating that the company earns an average of $9,800 profit per month after expenses, has grown by 16% a month for +14 consecutive months and has a predicted lifespan of 36-42 months..

    Then some get rick quick idiot comes along and offers me $142 and 19 cents.. as long as the income is guaranteed with a contract written by an attorney.. and they will need support.. lots of support because they don't know a thing about operating a business.. and they don't have much time to really run the business either.. them being an airport bus driver and all. In fact.. they might even offer $150 if I'm willing to 'run' the business for the first 90 days and split profit. If I'm willing to give them the website for FREE then I can keep 20% of the profit as long as I continue to run it.

    If you think you can get rich buying 'cashflow' sites then you can't.. if you believe you can buy a site for $19.95 and make $200 your first month and put NO effort into.. you can't. You can't buy a website that makes $1000 a month for $500.. and you can't 'hire' the same person selling the website to also 'operate' the website and pay themselves out with their own profits.

    Stop trying to get rich fast. Spend +40 hours a week LEARNING website design, programming, business, and economics. Guys like myself making their living online and enjoying life traveling and 'living the dream' are well educated individuals with technical, marketing and deep seeded skills in finance and there is NO check in the world you can write us to just hand that over to you. If we WANTED a job we would go work for a corporation and charge them $300-500k a year.. but instead we want to be Internet gurus and just because we sell a website at a fair price doesn't mean we are for hire and it certainly doesn't mean we are going to give you something with SOLID cashflow for 'free' or 7-15 days of profit.. we are not insane.

    So anytime you see a $20 website being sold that makes $200 a month just remember that its not someone like me that is selling it to you.. and your not someone like me that is buying anything of value. Your trying to get rich fast, cheat entrepreneurship, and your going to end up scammed or stuck with something worthless.

    So I have built a simple formula:
    If the site being sold doesn't show financials then don't buy it.
    If the asking price is anything less then 4 months of profit.. don't buy it.
    If you don't live and breath being an entrepreneur and want this really insane lifestyle that we have come to love.. keep your job, keep dreaming about getting rich quick.. but don't pursue it.

    Internet entrepreneurs are a rare breed that don't need $$ to make money, they don't need instructions to build companies and they certainly won't help you get rich fast for absolutely nothing in return. The ONLY time I help someone build a company out of the goodness of my heart is when they are my neighbor and I love their family, enjoy their kids playing with my kids, and I want to HELP them have a better life because we have that BOND of friendship for each others family. If you and your 'mentor' don't have that.. get ready to pay $29.95 and then another $89.95 and then attend their $395 get together.. and be prepared to go back to driving your bus and stop sending me $142 dollar offers to buy a company making $10k a month. If it was THAT easy to make $10k a month then I would of just worked at McDonalds for a week and 'retired'... but instead I grinded for 20 years to become who I am.

    Good rant, now I wonder how long it will take before these idiots on Flipper will copy-n-paste this rant to their own listings to increase sales. LOL
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  • Profile picture of the author Tim Franklin
    Wow, nice one, this is what happens when you have no idea how to manage a business, its more than just buying a website, you have to wear all the hats or outsource or both.

    I think the problem on a lot of these website and domain sales platforms is that the "perceived value" of a web property has declined over the years, but that is not the only problem.

    What you have is a person that has no idea of what it takes to create a viable business online, they do not have any skills, they do not even realize how much there is to learn about this business and industry.

    What they do have is desperation, they are desperate to live the dream that so many "Gurus" out there are selling, they want the quick and easy way to the top, without having to put the hours into learning skills that you really must have.

    FTP is a foreign word, they have no idea what CLI is and what it does.

    Linux is some kind of fence manufacturer right?

    Someone like that needs real help, but they are so busy with life and trying to find a way out of the life they are living that they cannot see nor understand where the door is and how to unlock it.

    (But the cold hard truth here is that not everyone can do this)

    It takes more than just a desire to achieve a goal, more than just desperation, If you are alone stranded on a mountain and a storm is going to dump 30 inches of snow on your head you better learn to start a fire and survive or else you might make the evening news some day.

    Knowledge and experience is what separates those that want and those that have.

    I think the single greatest challenge for those that want to achieve an electronic career online, is being able to listen and to find a way to stop.

    Stop running around trying to get to the top the easy way.

    Stop trying to dream your way out of debt or out of that dead end job.

    Stop and listen then find a place to learn and gain the knowledge and skills you need to be able to find your direction.

    There is no magic formula, no blue or red pill.

    Some people will find the way other will never stop chasing the dream of the Million dollar house and the $250,000.00 car or the images of living on a beach and doing business on a laptop.

    That is all Bull, it is an illusion and it does not exist, 98 percent of business people in the world do not live life that way and success is measured differently depending on where you live.

    It would be awesome if people could see a clear roadmap to success, but there will always be the dream merchants, those that sell shiny baubles to those that dream about wealth and living the "Good"
    life, but the truth is living comfortably can be just as successful to you as living on the beach is to the few and the powerful.

    Earning a consistent income even if it is a small amount can be a great success to those that can learn and apply knowledge.

    Nice Rant by the way. O)
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    • Profile picture of the author SuperKC
      Originally Posted by Tim Franklin View Post

      There is no magic formula, no blue or red pill.
      Choose the red pill!! (for only $97 act now!). Your absolutely right man -- this is an industry for brilliant creative minds that LOVE to work. Before I eat breakfast.. before I goto the bathroom.. I'm checking my email. Who else in the world LOVES their job so much that they go and flip burgers at McDonalds before going to the bathroom? We have this drive and heart that is so pure for this business.

      Granted -- I can teach someone to make $100 a day and I could do it in a weekend.. and they would be successful for years // but they won't know how it works or why I bulit it. They won't know how I came up with the concept or the creative flow behind any of it at all.. and the second any part of the formula breaks down or becomes obsolete.. BOOM .. do you want fries with that..
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  • Profile picture of the author XponentSYS
    Good rant.

    You pegged it when you said .... lack of education. I'm not just talking about schoolastic education either but more business acumen really - which comes from the "school of hard knocks" really (which is the result of experience derived from ACTION).

    A lot of these "get rich quick" idiots (but NOT ALL) lack any sort of business acumen because they're too short sighted to look for the long term action plan to execute.

    They are looking for that quick fix. That quick fix could be for things such as "where am I going to get the money for gas, rent, food, to go out this Friday, to continue smoking,". etc.

    I've seen all those questions asked before when the question that SHOULD be asked is akin to "how can I put together an action plan to change my circumstances THIS YEAR"?

    Know what?

    That last question..... there ARE people asking it. It's just not the "get rich quick" crowd.

    The fix is to adjust your pitch to talk to THOSE people instead. This includes your prices and fees.

    As for me, I sell both low AND high priced (or ticket) products and services but the more "personal" they get, the higher priced they get. In fact, I won't coach someone until I have my first $10,000 in my hand.

    It's not that I am being snobby - time is money and this is a way to keep the more "get rich" hobbiests out of my funnel (for coaching)

    (Yes - I've made exceptions for customers of my lower level products who've SHOW.N me they're "for real". They get a waiver and pay me $10,000 out of the profits of whatever it is we do)
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    • Profile picture of the author Steve B
      C'mon SuperKC, stop beating around the bush and tell us how you really feel!

      Loved the emotion that oozed from your post.

      I think some of the "stupid" that would-be online business owners adopt comes from the unfortunate amount of hype and exaggeration that seethes through every niche online. It almost hurts to realize that we (marketers) are all guilty by association.

      We have met the enemy . . . and they are us!

      Thanks for your post.

      Steve
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  • Profile picture of the author Aaron Bradley
    There are those of us so called "newbies" that put all the time we can into trying to build an online business. Some of us just need some help from time to time! Speaking for myself, I'm not scared to work for ANYTHING, but everybody needs a little help every now and then! If we all knew the same thing, it would be a very boring world to live in. How many of you sitting in "judgement" know about loading a truck correctly, where to put the weight so the truck doesn't have to be reloaded? Or, the correct way to stack a pallet of product and make it countable? Or how to organize 30 people to process and ship millions of dollars worth of product in just a few hours? Exactly!! We all know what we know, but there are a few that want to know more. Not all of us are slackers who just want the "magic pill", although, you have to agree it would be nice! If you won the lottery tomorrow, you wouldn't give it back....would you? Me? I try to learn all I can, sometimes I need help putting it all together. I LOVE to see something spring up where there was once nothing. That's one reason I enjoyed landscaping so much...yeah, wore that hat as well. Now I want to try a different hat!
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  • Profile picture of the author SuperKC
    Well, technically.. I also owned reverse logistic warehouses for my retail stores.. so I know a lot about watching double stack pallets of TVs fall to their doom and guys run fork lifts thru walls. I've shipped hundreds and thousands of dollars in merchandise and broke down trucks with no equipment, no staff.. but thats a part of being entrepreneurial. Ive operated everything from surgical centers to photography studios and I built them all from the ground up myself. The problem I have with most people is that their specalization is far too narrrow.. they 'only' know how to run a pallet jack. 35 years old.. +12 years of formal education..and the most they can do is unload a truck. When I walk thru the door of any company I can tell you the building codes.. and if something needs fixed.. I can break out a welder and fix it.. I can pickup the businesses accounting and tell you why their numbers are off or their legal agreements and jump right in to the differences in jurisdictions.. or load up a site.. setup FTPs, write perl scripts, build logos or analyse the keyword density and scope out the competition to see how out of wack it is. Within "a" week of being involved in my surgical company I could tell you the difference in a 3.5mm surgical staple and a 2.5mm, what procedures they are used.. run out cashflow for an entire operation and understand the complex economics of healthcare companies. I started with nothing and when it was time to grow a business I took the idea, wrote the private placement memorandums myself -- found the investors myself (no not friends and family -- and raised every cent I needed building partnerships. I didn't get scared when I put together LLC paperwork, issued out stock certificates, or even when I took my company public -- and I did it without any mentors or advisers.

    I say all of this because this is the FUNDAMENTAL problem guys like us have with guys that only know how to run a forklift..we are very happy they are wanting to spread their wings but we really worked hard for what we have accomplished, we are SELF taught, SELF funded, and successful with our own two hands without ANY advantage in life. I'm a high school drop out. I understand entitlment -- I have no problem paying (literally) hundreds and thousands of dollars a year in taxes so people don't have to work.. but then these same people approach us and want to pop a pile and be successful like we are without putting in the work like we had to do. I'm not speaking to hard working people here.. I'm speaking to the idiots that offer me $140 for $9k a month in income.. you can have free housing, you can have food stamps.. hell you can have free Internet, cell phones, beer and even sell your prescription drugs for more drugs.. but you can't have MY success without earning it.
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    If you like my posts please leave a thanks and message me if you wish for me to follow up with your thread. I enjoy engaging with entrepreneurs and ALWAYS willing to take the time to offer solid answers that you can take to the bank. Internet marketing has made me rich over the last +20 years and this is how I give back to the community for all of those evil popunders I used to sling in the 90s.

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    • Profile picture of the author Aaron Bradley
      Originally Posted by SuperKC View Post

      Well, technically.. I also owned reverse logistic warehouses for my retail stores.. so I know a lot about watching double stack pallets of TVs fall to their doom and guys run fork lifts thru walls. I've shipped hundreds and thousands of dollars in merchandise and broke down trucks with no equipment, no staff.. but thats a part of being entrepreneurial. Ive operated everything from surgical centers to photography studios and I built them all from the ground up myself. The problem I have with most people is that their specalization is far too narrrow.. they 'only' know how to run a pallet jack. 35 years old.. +12 years of formal education..and the most they can do is unload a truck. When I walk thru the door of any company I can tell you the building codes.. and if something needs fixed.. I can break out a welder and fix it.. I can pickup the businesses accounting and tell you why their numbers are off or their legal agreements and jump right in to the differences in jurisdictions.. or load up a site.. setup FTPs, write perl scripts, build logos or analyse the keyword density and scope out the competition to see how out of wack it is. Within "a" week of being involved in my surgical company I could tell you the difference in a 3.5mm surgical staple and a 2.5mm, what procedures they are used.. run out cashflow for an entire operation and understand the complex economics of healthcare companies. I started with nothing and when it was time to grow a business I took the idea, wrote the private placement memorandums myself -- found the investors myself (no not friends and family -- and raised every cent I needed building partnerships. I didn't get scared when I put together LLC paperwork, issued out stock certificates, or even when I took my company public -- and I did it without any mentors or advisers.

      I say all of this because this is the FUNDAMENTAL problem guys like us have with guys that only know how to run a forklift..we are very happy they are wanting to spread their wings but we really worked hard for what we have accomplished, we are SELF taught, SELF funded, and successful with our own two hands without ANY advantage in life. I'm a high school drop out. I understand entitlment -- I have no problem paying (literally) hundreds and thousands of dollars a year in taxes so people don't have to work.. but then these same people approach us and want to pop a pile and be successful like we are without putting in the work like we had to do. I'm not speaking to hard working people here.. I'm speaking to the idiots that offer me $140 for $9k a month in income.. you can have free housing, you can have food stamps.. hell you can have free Internet, cell phones, beer and even sell your prescription drugs for more drugs.. but you can't have MY success without earning it.
      LOL...maybe I just took all the other comments too much to heart! I know I work hard and I know what I want, just can't seem to get it to work. I can only speak for myself!
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  • Profile picture of the author Jack Gordon
    I enjoyed the rant.

    Very few people get lucky enough to stumble upon a way to make money without working for it.

    The rest of us have to earn it.

    You do it through trying, failing, tweaking, failing, pivoting, listening, learning and finally winning.

    You do it by investing your time, your sweat, your reputation and your sacrifices into the vision.

    You do it through the process of earning the trust and admiration of those who choose to follow you on your mission. Really earning it, and valuing it and respecting the intelligence and independence of those who choose to put their faith in you.

    Those who understand this, win.

    Those who are still looking for ways to get rich quick will always be looking for the Next Big Thing, and they are the ones who will continue to lowball you and insult you. But that's ok, because the world needs those who lead and the world also needs those who serve those who lead.

    Trust me, we will never lose the need for drivers to take us to the airport.
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  • Profile picture of the author SuperKC
    Just so everyone knows my position.. this is just a RANT posting.. personal views and feelings.. I don't mean anything by it to anyone. The reason my blood pressure goes thru the roof is when someone offers me the equivalent of a McChicken in exchange for a company that would financially retire them. I love new people that don't have a clue.. I stay up late night helping them out and trying to keep them from losing all of their money. I love people that ASK for help and come to me saying "I have no idea what I am doing, I want to provide for my family, but I dont know how. I know your time is worth a fortune, I don't have any money' but if you will help then I would be very grateful." Those guys I would GIVE a company too. I would rant about the idiots that try to write me a $3.20 check for it.
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    • Profile picture of the author chickenfillet
      Good rant, here are my comments:

      Yes, there are some weird people out there with terribly low offers, but there ARE some "Get Rich Quick People" who want to get rich (or are rich, and are greedy) by SELLING websites and domains. Let me explain...

      I approached someone who owns a domain name, not a very good one, with an estibot appraisal of $2,000 (I know estibot is not accurate). The domain name was registered in 1995, with the same 1 owner, and no one has bothered to purchase it since. So I emailed him with my offer of $2,000.

      WOW, unbelievably the domain owner counter offered with a $175,000 price tag. Luckily, I did my research, and realized the guy is a rich idiot, who treats 'poor' scumbags like me, like dung, and doesn't need pennies worth $2,000. The domain name is not even worth $2,000 because it is not a keyword domain, not a good brandable domain, it is just 2 words joined together. My guess is: the guy will die before he sells the domain name for even $10,000. It's simply a ripoff!

      OP: There can be strange poor people trying to get rich by seriously undervaluing businesses, OR their can be rich people who want to become even richer, and even have the ego to tell me that they would get only 50cents per day of Interest, if I would have paid him $7,000 for the crappy domain name. Is Bank Interest the only way to invest money? Yes, according to that rich idiot.
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      • Profile picture of the author HeySal
        Originally Posted by chickenfillet View Post

        Good rant, here are my comments:

        Yes, there are some weird people out there with terribly low offers, but there ARE some "Get Rich Quick People" who want to get rich (or are rich, and are greedy) by SELLING websites and domains. Let me explain...

        I approached someone who owns a domain name, not a very good one, with an estibot appraisal of $2,000 (I know estibot is not accurate). The domain name was registered in 1995, with the same 1 owner, and no one has bothered to purchase it since. So I emailed him with my offer of $2,000.

        WOW, unbelievably the domain owner counter offered with a $175,000 price tag. Luckily, I did my research, and realized the guy is a rich idiot, who treats 'poor' scumbags like me, like dung, and doesn't need pennies worth $2,000. The domain name is not even worth $2,000 because it is not a keyword domain, not a good brandable domain, it is just 2 words joined together. My guess is: the guy will die before he sells the domain name for even $10,000. It's simply a ripoff!

        OP: There can be strange poor people trying to get rich by seriously undervaluing businesses, OR their can be rich people who want to become even richer, and even have the ego to tell me that they would get only 50cents per day of Interest, if I would have paid him $7,000 for the crappy domain name. Is Bank Interest the only way to invest money? Yes, according to that rich idiot.
        So did you email him back and tell him you'd seen the site and you don't think Gates or Zuckerberg were gonna want it so he might as well take whatever offer he gets?
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  • Profile picture of the author Zack Lim
    Haha this got to be one the best post that I have read for today.

    It is still unbelievable that there are still some people who believe that they will be able to become rich without doing any work.

    A long term successful business requires commitment of time, effort and money. Those who understand these will consistently work hard in taking the right action and keep on improving their business.

    Thanks for sharing this
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