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- Nov 1, 2014
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Hey everyone.
I was thinking about acquiring several websites for exchanges like flippa/empireflippers.
I tried this when I graduated from college many years ago. Basically I dropped 30k+, unfortunately most got hit pretty bad with the big google updates many moons ago. Nothing is left standing.
Why do I want to try again? Well, the multiple is now much higher (used to be 12x) and there are more quality sites available. Also brokers and advisors have emerged, it just used to be flippa (which used to be called sitepoint). The market basically is less wild wild west and more sophisticated.
One thing I want to do is not just be a passive investor. The first time I did this I just bought AdSense sites that were SEOed well. Unless the site has quality backlinks and content I'd say these sites are on shaky ground. So I'm looking to pick up a "skillset".
I"ve tried coding in the past and hated it. I'm thinking maybe drop shipping? Pick up FB/Adwords experience.
What do you think?
I was thinking about acquiring several websites for exchanges like flippa/empireflippers.
I tried this when I graduated from college many years ago. Basically I dropped 30k+, unfortunately most got hit pretty bad with the big google updates many moons ago. Nothing is left standing.
Why do I want to try again? Well, the multiple is now much higher (used to be 12x) and there are more quality sites available. Also brokers and advisors have emerged, it just used to be flippa (which used to be called sitepoint). The market basically is less wild wild west and more sophisticated.
One thing I want to do is not just be a passive investor. The first time I did this I just bought AdSense sites that were SEOed well. Unless the site has quality backlinks and content I'd say these sites are on shaky ground. So I'm looking to pick up a "skillset".
I"ve tried coding in the past and hated it. I'm thinking maybe drop shipping? Pick up FB/Adwords experience.
What do you think?
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