Today I am going to reveal you the greatest and best kept money making secret on the internet. Knowing this secret will allow you to start making money online almost immediately.
Get Rich Quick Schemes Never Work
The internet is filled with millions of offers that promise to teach you how to start making thousands of dollars on the internet with just a few hours a week. These money making offers might seem great at first but as anyone who has ever tried out a program like this knows – they are always bullshit.
Money making programs that promises to make thousands of dollars a week never work. These programs will only make money to the people advertising them.
During my rather extensive online experience I have tried different ways to make money online and I believe that I have found the golden truth of making money on the internet:
There is no substitution for hard work. It is impossible to consistently make a lot of money online without a lot of work. Making money on the internet is just like making money in the real world – if you don’t work you won’t get any money!
Making serious money needs serious work but thankfully there is a way that you can benefit from the work that other people have already done.
Benefiting from the work of others is also the reason why the secret I am about to reveal allows you to start making money online immediately.
The secret to making money online is simple – buy an already established website that is already making money.
This might sound crazy to someone who doesn’t feel at home on the internet, but bear with me and I will explain why it is the easiest and best solution for making money on the internet for everyone – even if you don’t have any money to begin with!
Before going over the positive aspects and good points about why you should buy an already established website I will try and cover the only thing that can hold you back.
It costs money to buy a website.
Yes, I am not going to lie – you need money to get started. If you don’t have money there is no way you can get your hands on an established website that will start making money immediately.
Without money the only real option to get a website is to make your own. The bad thing is that it can take years for a website to take off and generate an income. 9 out of 10 websites fail to make an income, so you can never be sure if the site that you decide to start will make you rich. It is also a lot more difficult to make a new website than running an established one. Anyone can run a website after a little training but it takes a lot of technical knowledge to make your own.
You won’t have problems like that when you buy an existing website since it is already fully functional and it is already making money.
Keep reading and I will reveal the process that you can use to buy a website that is guaranteed to make you money.
You Don’t Need a Lot to Get Started
It is a misconception that you will need a lot of money to buy a good website.
For example I’d like to think that Financial Jesus, although small, is a pretty decent site -currently it makes me about 1200 dollars per year.
How much money do you need to buy a website that generates 1200 dollars a year?
Well, the answer is – only 1200 dollars.
Yes, it’s true! The average market price for a website is about the amount of money that the website generates in a year.
This means that you will get a 100% return on investment in 1 year. You will have all your money (plus the website you bought) back just 12 months after starting.
Unlike buying stocks or investing you won’t have to wait for the dividends to come or when the prices go up. A website will start making money immediately.
If you own a credit card you can easily use it to purchase a website and pay back the balance in less than a year.
Let me ask you this – when was the last time you used your credit card to make an investment and to get more money instead of just spending the money you don’t have?
Websites Are the Best Money Making Machines
If you know anything about investing and the stock market you should know that the average return on investment on the stock market is 12% – in other words – it takes 6 years to get all your money back when you invest it in stocks!
With stocks you can never be sure about how much dividends you will be getting or which way the stock prices will go but it is practically a law that an active website will grow in popularity. This means that you will constantly get more traffic which in turn will make you more money. If you buy a website it will most probably grow enough that it will only take you 8 to 10 months to get all your money back! (plus you still keep to hold the website which will make you even more money).
For example – the traffic to Financial Jesus grows about 10% per month (and sometimes more ). If it grew only 5% a month it would mean that in a year’s time instead of making me 100 dollars per month it will generate me 200 dollars a month. This means that instead of $1200 my website will be worth 2400 dollars next year without lifting a finger!
Do you like to get paid while you don’t work?
A website is a great source of passive income.
If I post something on this blog it will be available on the internet virtually forever. This means that people can read this article years from now or when I sleep but they will still be shown the ads on this website and this means that I will make money! The same will be true when you buy a website – you still need to keep it running but it will make you money even when you are not directly working on it.
I am sure that right now you only make money when you work. Perhaps it is time to change this – rich people make money whether they work or not.
Buying an established website will start generating you revenue from the second it belongs to you.
How to Buy a Money Making Website
To keep things simple I am going to show you the easiest and in my opinion the best method to buy websites that make you money.
The first step that you should do is go to www.flippa.com. Flippa is the largest place on the internet that lets you buy and sell websites.
Here is what it looks like:
Flippa used to be part of one of the largest webmaster forums on the internet and it was actually called Sitepoint Marketplace.
This is a place where everyone can sell their website and that is also why you should be very careful – most of the websites on sale are junk. They are worth very little or even nothing because they don’t make any money.
Keep reading and I will show you exactly how to recognize the money making websites from the worthless ones.
Finding Profitable Websites
After clicking “Buy a website” on the front page of Flippa.com you are referred to a listing of all the websites currently on sale. As said – most of them are worthless, but it is easy to tell apart the good websites from the bad ones.
Here is a screenshot of what you will see on the auctions listing page:
This is what an auctions listing page looks like
Click for larger image
Like on the image above, a typical auctions listing page will have a number of information. In addition to other self explanatory categories the page also has a column for “Activity”. This is the key to finding the websites that are actually worth to buying.
Activity is used to show 2 different things:
- The number of questions people had about the website for its owner
- The number of bids people have made for the website
The number of bids made for a website is very important – it shows that a lot of people are interested in the website in question.
This typically means that this listing has passed the filters of the collective mind and that you are most probably dealing with a decent website. Websites with several bids are usually the ones that make money and that you should try to get your hands on.
What to Keep in Mind When Choosing a Web Site?
A typical website that is on sale on Flippa has tons of interesting information that is relevant on deciding whether or not to try and acquire it. The most important information is under the “Attachments” section. This is the place where the seller typically enlists proof of the website’s traffic and earnings.
Here is what a typical Attachments part of a website listing might look like:
The particular attachments above show 3 things:
- Traffic details to the webpage – how many people visit the website
- Earnings details for 1 month
- Earnings details for 6 previous months
Notice that the first icon has “Verified” on top of it. This is a feature that actually allows Flippa.com to post the actual Google Analytics data of the website. When you see an icon like that you can rest assured that the website has as many visitors as it says to have.
The other two icons are actually links to screenshots showing how much the website earns. Keep in mind that these are not verified by Flippa so it is up to you to decide whether this information is legitimate or not.
Other things to keep in mind when buying a website:
1. How is the Traffic Doing
When going through the data and deciding whether a website is worth buying 1 of the most important things to look is the website’s traffic.
How is the traffic doing? When you look at the numbers for the last few months – is the traffic going up or down? A steady decline in traffic might mean that the owner of the website decided to sell it because it is bringing in less and less money every month. Keep in mind that traffic = money. The more traffic a website gets the higher its earning capacity. If a website is losing traffic then it might indicate a possible problem you should investigate.
If the websites traffic has been going up steadily then it is a good indication that it will keep growing in the following months – enabling you to make even more money in the future.
Some websites rely on ads to bring in traffic. In such case the owner of the website pays money to advertise the website to generate traffic. If that is the case you should be sure that advertising is actually beneficial and that it brings in more money than it costs.
Also – if you buy a website that relies on advertising you must be sure that you can allow to pay for the first month’s ads because usually you get your check for running the website the next month. After getting the money you can already use it to pay for the following months advertising.
2. What was the Website’s Income During Last Few Months
Just like traffic a steadily rising income is a great thing when you are buying a website. If the income is declining you should think twice about buying the website.
Also be on the lookout of highly fluctuating income. Finding a blog that made 100 dollars in a single month but usually only makes $10 doesn’t mean that you can expect to get $100 in the future.
Most probably it was just a lucky occasion. I am sure that if the previous owner of the website could – he would have made it to earn that much all the time.
3. Does the Website Have Original Content
Always make sure that the website you are buying has original content. The best way to be sure is to go to copyscape.com and type in the address of the website you are thinking about buying. If the website has a lot of content that is also featured on other sites but the seller is insisting that it is original it might indicate a possible red flag.
Original content is an important factor for search engines. If Google finds an articles or some information that is also featured elsewhere it might penalize the website. This in turn can mean a smaller number of visitors from search engines.
4. Number of updates
If you buy a blog type website you should take a look of the number of articles the previous owner has made on average per week. This means that in order to keep the site going you will need to post the same amount of articles. If you are going to write the content on your own you should think whether you have the time that is needed to keep the site going.
If a website isn’t updated for a long time then it can seem abandoned and you will lose the usual returning visitors. These are the people who you don’t want to lose because they are the community and the blood of the website.
If you lack time then it is possible to hire someone to write articles for you. If the blog you are trying to buy makes 20 dollars a day then it shouldn’t be a problem to spend half of it (10 dollars) to pay for someone to write new articles.
Keep reading and I will show you where to go if you are looking for someone to write for your newly acquired blog.
If you are buying a website that is not a blog type it will still require updating. Before buying be sure how long time it takes and if you can do it or you need someone with special skills.
Why Anyone Can Run a Website
If you are still afraid that running a website can be a bit too much for you then keep reading and I will show you why you don’t need any technical knowledge or a lot of time to keep a website running.
Being not a technical person and acquiring a website can take a lot of courage but it is actually not that scary. You can run a website without any special knowledge of computers.
It is possible to use services like Rent A Coder to find people who can do the technical things that need to be done. If you take a good look you can most likely find someone who is willing to work for only a few dollars per day. If you have any question related to a website you can also ask it over at DigitalPoint Forums – these guys will always guide you to the right direction.
The Webmasters forum over at Digital Point is also a good place to find people who are willing to write unique articles for your website for anywhere from 5 to 15 dollars per post.
Having an established website truly is the best way to make money and get a passive income!
If you have any questions regarding buying or selling websites, I am glad to answer!
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