Empire Flippers – Buying and Selling Websites

Financial Independence Podcast

The Mad Fientist

Taxavoidance, Business, Geographicarbitrage, Investing, Tax, Earlyretirement, Travelhacking, Entrepreneurship, Travel, Personalfinance, Stocks, Minimalism, Realestate, Frugality, Retirement, Financialindependence

4.8 • 1.7K Ratings

🗓️ 22 October 2014

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Justin Cooke from EmpireFlippers.com joined me for an episode of the Financial Independence Podcast to discuss website investing!

Highlights:

Hear how Justin went from building an outsourcing company in the Philippines to building, buying, and selling niche websites
The difference between online and offline businesses and investments
Six different buyer profiles
When to sell your website
The future of online business investing
Justin’s recommendation for someone just starting out
Longterm prospects of website investing
Why better looking doesn’t always mean better

To read the full article, visit http://www.madfientist.com/empire-flippers-interview/

Transcript

Click on a timestamp to play from that location

0:00.0	I'm blind, you with it.
0:05.0	Hi, man.
0:07.0	Hey what's up everybody.
0:08.0	Welcome to the Mad Findis Financial Independence Podcast.
0:11.0	I know it's been a while since the last episode but it's been a crazy couple of months
0:13.8	as we've tried to sell most of our belongings in preparation for our big move abroad.
0:18.5	I'm happy to say that we made it to Scotland so now that we're finally settled I'm hoping
0:22.4	to increase my podcasting
0:23.6	frequency, so look out for some additional Financial Independence
0:26.6	Podcast episode soon. I'm really excited to share an interview with Justin Cook
0:30.4	from Empireflippers.com today. Justin reached out to me after listening to my interview with Billy Murphy from Forever
0:35.3	Jobless.com and said he'd be willing to come on the show to dive even deeper into the topic
0:39.2	of online business investing.
0:41.6	Since I was already subscribed to the Empire Flipper's blog and a fan of their podcast before
0:45.3	you emailed me, I jumped at the chance to get Justin on the show to talk a little bit more about
0:48.8	this stuff and I'm really glad that I did.
0:52.0	Justin's in a unique position in this space in that he runs a marketplace for buying
0:57.5	and selling websites. So he sees it from both sides and he's actually in the business of curating and finding good websites to sell.
1:07.0	So his knowledge on the topic is vast and I was really excited to talk to him a little bit more about what to look for when trying to buy an online business.
1:16.2	I know many of you really enjoyed the episode I did with Billy Murphy, so I'm sure you're
1:20.4	going to love today's interview with Justin.
1:23.4	We actually had some technical difficulties during the interview.
	...

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