SPI 707: How to Skip the Build Phase and Buy an Existing Website with Jared Bauman
The Smart Passive Income Online Business and Blogging Podcast
Pat Flynn
4.8 • 3.8K Ratings
🗓️ 16 August 2023
⏱️ 44 minutes
🧾️ Download transcript
Summary
#707 Starting a niche website is one of the best ways to generate income online. That said, it can often take months or years to get the results you want. But what if you could skip that part and jump in when your brand is already established and bringing in profit? That's the strategy I explore in today's incredible chat with Jared Bauman of 201 Creative and Weekend Growth. Jared is an expert at buying and flipping websites, and the insights he shares here make this tactic accessible to everyone and at every level. We discuss the step-by-step process Jared used to grow a website from $2k to $10k per month in profit. This is a fantastic case study because we explore everything from the initial research and negotiation phase to then supercharging the site with powerful monetization tools. Don't miss out, listen in and enjoy! Show notes and more at SmartPassiveIncome.com/session707.
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Transcript
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| 0:00.0 | Your business was humming, but now you're following behind, and teams are buried in manual |
| 0:04.9 | work. |
| 0:05.9 | And it's taking forever to close the books, and getting one source of truth is like pulling |
| 0:09.3 | teeth. |
| 0:10.5 | This is you. |
| 0:11.5 | You should know three separate numbers, 36,000, 25, one, 36,000. |
| 0:17.9 | That's the number of businesses which have upgraded to NetSuite by Oracle. |
| 0:21.1 | NetSuite is the number one cloud financial streamlining accounting software, financial |
| 0:25.7 | management, inventory, HR, everything. |
| 0:28.5 | It's everything. |
| 0:29.5 | 25 is the next number. |
| 0:31.9 | NetSuite turns 25 this year. |
| 0:33.4 | That's 25 years of helping businesses to do more with less, closer books and days, not |
| 0:38.5 | weeks, and drive down costs. |
| 0:40.8 | And one, because your business is one of a kind. |
| 0:44.1 | So you get a customized solution for all of your KPIs, and in one efficient system, |
| 0:48.2 | with one source of truth, manage risk, get reliable forecasts, and improve margins. |
| 0:52.7 | Everything you need, all in one place. |
| 0:54.6 | Having everything in one place is kind of like having a Swiss army knife for your business. |
| 0:57.9 | Having the power to make better decisions is huge, and now NetSuite has an unprecedented |
| 1:01.5 | offer to help you make that possible. |
| 1:03.3 | Right now, download NetSuite's popular KPI checklist designed to give you consistently |
... |
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