Is Domain Flipping a Good Income Strategy?

AskPat 2.0: A Weekly Coaching Call on Online Business, Blogging, Marketing, and Lifestyle Design

Pat Flynn

Business Advice, Marketing, Podcasting, Getting Started, Business Strategy, Business, Small Business, Passive Income, Online Entrepreneurship

4.9 • 638 Ratings

🗓️ 14 October 2015

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today's question comes from AJ, who asks about domain flipping (the buying and reselling of domain names). Is it a good income strategy? In this episode I talk about a principle Nicole Dean shared with me in Smart Passive Income Episode 009 (http://www.smartpassiveincome.com/spi-009-make-money-by-making-the-web-a-more-wonderful-place-with-nicole-dean/). I also discuss flipping websites using Flippa (https://flippa.com/) and my friend Chris Guthrie who has done this successfully (http://upfuel.com/). I tried this once with http://beginnergolftips.com/. Do you have a question about income strategies you've read about online? Record it at http://www.askpat.com/. Today's sponsor is Freshbooks. Go to http://www.GetFreshBooks.com and enter "Ask Pat" for more information. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0	AskPath.
0:01.0	AskPath.com
0:07.0	Dot com.
0:09.0	Askpats.
0:10.0	Hey, what's up everybody?
0:12.0	Pat Flynn here and welcome to episode 452 of Ask Pat.
0:15.0	Thank you so much for joining me today.
0:17.0	Today we have a question from AJ about something I've never really even talked about before
0:21.4	but before we get to that I do want to thank today's sponsor which is freshbooks.com
0:25.4	which is an amazing amazing piece of software that allows you to keep track of all of your
0:30.5	business finances from all the money coming in your income all on it all the money going out
0:35.2	your expenses and any invoicing that you do in your business as well,
0:39.3	they just make it super easy for you to just stay on track with everything.
0:43.5	When I first started managing my business finances online, it was done with Excel, and it was
0:48.6	a major, major headache.
0:50.9	But FreshBooks came to the rescue, and I recommend it for you as well.
0:54.0	If you head on over to GetF and I recommend it for you as well.
0:59.7	If you head on over to GetFreshBooks.com and enter Ask Pat in the How Did You Hear About a section, you'll get a 30-day free trial of this amazing piece of software. Again, that's
1:03.8	GetFreshbooks.com. Enter Ask Pat. All right. Here's today's question from A.J.
1:10.4	Hi, Pat.
1:11.2	My name is AJ.
1:12.4	I was just curious about what your thoughts are on making money flipping domains.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Pat Flynn, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Pat Flynn and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.