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Idea for anyone interested in starting something that supports just you: visit Flippa.com. Sort by revenue. Save up, and buy something on there that you can gro
by canicode 11y ago
Idea for anyone interested in starting something that supports just you: visit Flippa.com. Sort by revenue. Save up, and buy something on there that you can grow from $500/mo in revenue to $1000/mo, then to $2000/mo, etc.
There are tons of sane businesses being sold on there that you can buy up and grow. At the very least, you'll see what actually makes money.
- nnd 11y agoDo you have any experience buying businesses from there? Any tips on how to find a reasonable price? I heard that a reasonable price would be (monthly revenue) * 12
- canicode 11y agoA lot of them sell for much less than (monthly revenue) * 12. I haven't personally purchased a site from there, but I know people who have. You don't need to buy something from there -- you can simply use the site to find niches where people actually make money. Making money online can be done. Example: I started a Minecraft server early on, sold in-game benefits, and now make $5-15K (depending on season) per month. A friend of mine makes way more. Here are the stats he sent me recently: https://i.gyazo.com/81718cef2295bbf4df8a6d9892d140c1.png https://i.gyazo.com/81718cef2295bbf4df8a6d9892d140c1.png One of DHH's bits of advice is to find a niche and focus on profiting enough to support yourself. The internet is the best place to do that.
- andyrez 11y agoIs there a way to contact you to get proper insight into this. I noticed there is no email to reach you on your profile. As a student, I am looking for ways to support myself and be totally in-charge of things. Thanks