I was able to finally close the deal on a new blog that was for sale. This is only my second acquisition and it’s a bit more spendy than my first one about a year ago which was also documented on this blog (My new niche travel blog). Cancun Blog has made well over it’s [...]
Update: PR 7 Blog For Sale We’ve talked a lot on this blog about buying and selling blogs. Usually I point you to SitePoint. But SitePoint has gotten overloaded with crappy sites. It’s rare for a gem to come by, and who’s got time to weed through all the junk. I don’t want to keep [...]
Not too long ago I was a flipper. But a flipper I am no longer. Here’s why. When you flip a site, you lose all the equity in the site. You lose the domain name, you lose the age of the domain, you lose the content, you lose the audience, you lose the design, you [...]
In business, everything has a price. This past May I bought a blog. I developed it. I became attached to it. Emotionally attached. It was my fun little project. Then two weeks ago I was offered an unsolicited bid that was 15x monthly revenue. That’s a great offer in terms of standard 10x monthly profit [...]
I think the single biggest mistake that new web entrepreneurs make is the pursuit of immediate income. This is understandable, because the web lures us with the sweet seduction of free money. Passive income. No work, all play. But let me give you a tip that will save you a lot of letdown: most people [...]
