How to Buy Income-Producing Websites

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Listen Money Matters

Careers, Business, Investing, Education

4.4 • 2.3K Ratings

🗓️ 23 March 2020

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

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Summary

It is no secret that Andrew and I each own multiple online businesses that earn us passive income. Before we started we had no idea what we were doing. It’s not easy to start a website from scratch and if you’re not already building an online business you might not even know what a great idea looks like. Today we’re talking about how you can buy an existing online business. We have a special guest on the show today, Blake Hutchinson, the CEO of Flippa.com. We’ll get into the details of buying on the platform, what to look for, and how to properly value an online business. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hey guys, I wanted to share something new I've been working on.
0:05.7	It's called Seeking Profit and it's a podcast where we talk about the second phase of my
0:10.2	personal finance journey building online businesses.
0:13.9	These businesses earn money while I sleep and have detached my time from my income.
0:19.2	Since 2013, I've generated millions in revenue with these websites.
0:24.2	I felt it was long overdue to create a show in Listen Money Matter Spirit that taught the
0:29.6	ins and outs of online business building.
0:31.6	This is my biggest passion and if you're interested in coming along for the ride, just head
0:36.2	over to SeekingProfitShow.com or search for Seeking Profit on YouTube or your favorite
0:42.3	podcast app.
0:43.3	We're Seeking Profit!
0:45.3	Hey everybody and welcome to Listen Money Matters.
0:52.5	Don't step over dollars to pick up dime.
0:54.8	My name is Matt and I'm here as always with Andrew Andrew.
0:58.0	How are you Ed?
0:59.0	Are you drinking?
1:00.0	Dude, I am good and I'm going back to some basics.
1:03.6	I got a verbal verbal and barrel imperial stout.
1:07.0	Real basic.
1:09.0	Yeah, something new.
1:11.0	Yeah.
1:12.0	9.1.
	...

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