5 ms·
Buy a website that makes 1K EUR a month. Before, do some thinking and reading about a niche that you might know something about or care about. Use a serious bro
by mozillas 8y ago
Buy a website that makes 1K EUR a month. Before, do some thinking and reading about a niche that you might know something about or care about. Use a serious broker to minimize the chances of getting scammed. Try to grow the website by using some your time and skills or use the money left to hire people that cost less per hour than what you make.
If things go well, you can keep the website or sell it for more than you bought it. If the revenue doesn't improve or becomes smaller you can sell the website and get some of the money back. Either way, you'll learn some new things.
- badpun 8y ago> Buy a website that makes 1K EUR a month. That's a 40% yearly ROI. Do people really sell at such valuation?
- quickthrower2 8y agoYes because if risk. Who says it'll still be making anything next year.
- badpun 8y agoSounds like a market for lemons (perhaps that explains the very low valuations). For an owner, barring some personal circumstances, it makes little sense to sell unless he forsees problems in the near-ish future. Otherwise, as holding the company for just 2.5 more years doubles his profits, it sounds smart to hold on to it for as long as possible and only sell when he feels that a decline is coming.
- eb0la 8y agoSometimes people needs money asap, or gets tired of the same suff... ... life happens ;-)