Time to come clean.
Reading thru the https://www.thefastlaneforum.com/general-business-discussion/31502-how-buy-ferrari-20k.html thread, I decided to see what all the fuss was about. I went to Flippa and spent a little time seeing what they had going on.
I found an auction that looked intriguing. See https://flippa.com/2748967-450-per-month-infolinks-first-page-of-google-no-reserve-emd to see the auction. The domain name has good keywords, it does indeed rank on the first page of Google for "Psychologist Responsibilities and Salaries", and the Infolinks income reports appear legit. There were a lot of comments, a lot of bids, and it looked to be a good buy.
The evidence pointed to $450/mo income, +/-, so a buy it now price of $900 seemed like a very good deal. I realized there was every chance the income could drop off, but if it held its own for 2 months anything else it made was gravy. It was only $900, so I pulled the trigger.
It has been exasperating dealing with this seller. He had no idea how to transfer either the domain or the files. That was fine, 'cause neither did I. I learned quite a bit about transferring both.
I've now had the site up and running for about a week, and I can tell you I fell for it hook, line, and sinker. I've made $0.21 since the site has been up, and I think that's because I clicked on some of the infolinks ads from my iPad to make sure it was working.
I now find myself with a low quality Wordpress site with a decent domain name. It does rank #1 for a specific search term, but I don't know how important that is. The content is damn near worthless - I've been cleaning up and using the SEO widget to optimize the copy off and on over the past week. I've fixed broken links. I'm basically cleaning up what I've already got to get it in decent shape, then will look in to adding some quality content.
I realized I was chasing money, not a need, but I was fine with that. The idea was to use this money to finance my true fastlane venture. If it doesn't work out, I'm only out a few hundred bucks.
What I've learned - TRUST BUT VERIFY. The seller claimed to not have Analytics installed so couldn't provide information about his sources of traffic. That should have been a big red flag. Also, I should have done more due diligence investigating the seller. Turns out he doesn't have a good reputation, and my experience bears this out.
Some of you are Wordpress and SEO wizards. I would really appreciate some advice on how I can salvage something other than lessons. Please look at psychologydegree.info and let me know what you think I should do with it.
I appreciate your help. :hl:
Reading thru the https://www.thefastlaneforum.com/general-business-discussion/31502-how-buy-ferrari-20k.html thread, I decided to see what all the fuss was about. I went to Flippa and spent a little time seeing what they had going on.
I found an auction that looked intriguing. See https://flippa.com/2748967-450-per-month-infolinks-first-page-of-google-no-reserve-emd to see the auction. The domain name has good keywords, it does indeed rank on the first page of Google for "Psychologist Responsibilities and Salaries", and the Infolinks income reports appear legit. There were a lot of comments, a lot of bids, and it looked to be a good buy.
The evidence pointed to $450/mo income, +/-, so a buy it now price of $900 seemed like a very good deal. I realized there was every chance the income could drop off, but if it held its own for 2 months anything else it made was gravy. It was only $900, so I pulled the trigger.
It has been exasperating dealing with this seller. He had no idea how to transfer either the domain or the files. That was fine, 'cause neither did I. I learned quite a bit about transferring both.
I've now had the site up and running for about a week, and I can tell you I fell for it hook, line, and sinker. I've made $0.21 since the site has been up, and I think that's because I clicked on some of the infolinks ads from my iPad to make sure it was working.
I now find myself with a low quality Wordpress site with a decent domain name. It does rank #1 for a specific search term, but I don't know how important that is. The content is damn near worthless - I've been cleaning up and using the SEO widget to optimize the copy off and on over the past week. I've fixed broken links. I'm basically cleaning up what I've already got to get it in decent shape, then will look in to adding some quality content.
I realized I was chasing money, not a need, but I was fine with that. The idea was to use this money to finance my true fastlane venture. If it doesn't work out, I'm only out a few hundred bucks.
What I've learned - TRUST BUT VERIFY. The seller claimed to not have Analytics installed so couldn't provide information about his sources of traffic. That should have been a big red flag. Also, I should have done more due diligence investigating the seller. Turns out he doesn't have a good reputation, and my experience bears this out.
Some of you are Wordpress and SEO wizards. I would really appreciate some advice on how I can salvage something other than lessons. Please look at psychologydegree.info and let me know what you think I should do with it.
I appreciate your help. :hl:
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