I still think reason stories like this make the papers is because they are so rare. Yes, it sounds easy, and get rich quick, but the graveyard is full others no

I still think reason stories like this make the papers is because they are so rare. Yes, it sounds easy, and get rich quick, but the graveyard is full others not so fortunate. Turning any business around effectively still requires skill and knowledge of the market and methods. In a way, this article reminds me of other I read of people that buy poorly advertised items on eBay (poor description, no pictures) and turn them around for profit simply by putting up more detailed information and high quality images. Essentially anyone can do it (low barrier to entry etc.), but the difference between those that do it well and make good money and those that can't/don’t really is often down to persistence, practice, more practice, and yet more practice, and in many cases fortunate timing. The fundamental lessons of flipping houses, flipping websites, or flipping any commodity seem to be the same. I wonder how this can apply to flipping start-ups.