In Lissie post http://hubpages.com/forum/topic/2129
I said I was looking for opportunites to build a realistic plan and one of my idea would be to buy some already established sites.
Some entrepeneurs want to sell some of their sites that are not on their core business, for example I saw one established dot com mogul willing to sell a portfolio of websites which earn about 3000$ per month minimum for 20 times this amount.
What do you think ? Would you do it ?
It would depend on how much effort is required to operate them and whether they are built on the shaky foundation of short term traffic generating tricks or if they were built for the long haul. For the former, 20x monthly revenue is probably too high -- for the latter it really depends.
Thanks Paul for your opinion. More precisely I was thinking about this proposal:
http://www.entrepreneurs-journey.com/93 … -for-sale/
( I saw it when creating my hub here: http://hubpages.com/hub/Fresh-Webmarket … s-everyday )
I prefer to start small and buy something less than 1000$ at the beginning.
So today I bought two sites; when they will get rewamped I may show them to you
I hope you asked for definitive proof of these websites earnings before you bought them, anyone could say their website makes thousands of dollars a day and not prove it.
i wonder if my websites worth anything? its no.1 spot in Google for its perfect targeted keyword, worked hard on its seo.
MMO a very interesting post and this is something I am quite into. I see the ebay problem of buying so called established sites with Adsense earnings across the board to make one think the site is established. Alexa traffic rank toolbar kills that idea straight away.
Have you ever considered buying expired domains, with page rank, still listed and getting traffic?
I'm surely not an expert (yet), but I have heard that this is a way to bring in some established traffic. For me, I'm just getting started building my blogs, creating Hubs here and learning more about how to monetize blogs. Check out Yaro Starak's Entrepeneur's Journey (google it if you're not familiar with it). I'm taking his Blog Mastermind class now (among others, way too busy these days!) and it's good.
Good luck with whatever decision you make!
It is not necessarily the website that is making the money but the list to which that site is being exposed and it is from their lists the internet entrepreneurs make their money.
If a person has a big and well managed list then they can set up a website for a particular product, sell to their list and then claim a huge turnover on that site for the purposes of selling it. When you buy it you may have the site but you may not have the tool that is generating the traffic to make the profit.
Check this out before you buy.
You're right that's my priority, but at the moment I'm a learning process stage so I do things slowly, one step at a time. When I will be ready I will do things much bigger.
By the way I visited your hub, I found an interesting article on elearning because I've been much involved in educative cdrom somewhere in the past
A bought an established website when I first got started. It was risky as I had just started out on the internet, but I had a good feeling about it. I was able to recover the money in three months and today it generates a nice passive income which has enabled me to quit my job and go on to other projects.
Buying an established site is a great way to get started - just do your due diligence. I have a few sites that I would consider selling if anyone is interested.
Wow thanks for this testimony it really confirms what my intuition is shouting to me.
By the way I don't know why I just realized my hub "Buy a site" was unpublished but I have republished it:
Can you pm me a list ? I would see if they are in my field. Thanks.
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