You'll Flip When You Read This…

Buying And Selling Websites

Most people want to be their own boss.

Owning your own business allows you to be your own boss. It gives you untold freedom, both financially and creatively.

Internet businesses give you the most freedom of any business I’ve found. The benefits being that you can work from home, set your own schedule, no boss constantly standing over your shoulder, no commute, working in your underwear, etc.

But if you don’t already own a business how do you get to be your own boss?

Sure you can stay with your current employer and hope to rise through the ranks someday. But that will take years, probably even decades. Do you want to wait that long for success? No! You want success NOW!

We all do.

So what do you do if you don’t want to wait decades to be your own boss? Buy someone else’s pre-made business.

Flippa.com is an online auction house where people buy and sell websites.

The site works much like Ebay. Sellers set up a timed auction during which buyers can submit a bid for the website or domain. Sellers set a reserve price that ensures they get a minimum price for the item they are selling. Sellers can also set up a ‘buy it now’ price that buyers can pay to instantly win an item at auction. An auction winner is declared when a bid is accepted by a seller that meets their reserve price and the bid is the highest price of all bids at the end of the auction. And just like Ebay, sellers and buyers work out payment details on their own.

What’s also great about this site is the information it asks sellers to provide. Flippa makes sellers provide documented proof that they own the website/domain so there is never any doubt to it’s authenticity. Sellers also provide site information to help bidders make more informed choices. When checking out a website sellers often provide such information as Alexa page rank, monthly revenue, unique visitors per month, and details about the seller. The site does a lot of your homework for you!

There are thousands of websites and domains for sale on the site, many of which come with their own products. You can set up searches with your criteria to look for the perfect business for you. You can search by keyword, price, page rank, amount of traffic, or the amount of income the website brings in.  For example I like boating and fishing. So in the search box I typed in fishing and a list of 194 websites for sale came up. But say I’m looking for a website that has a high page rank. I am able to weed those with low page ranks out. That weeded out 32 sites for me. That’s great but that’s still 162 websites to search. That’s too many to look through. Once I searched for sites that can be monetized the search results dropped to four. That is a much more manageable number of sites to look at and research before deciding on one to buy. Flippa allows you to quickly weed out those sites that don’t fit your specific set of criteria.

Not interested in buying a website or domain? Sell one for a huge profit then! You could possibly provide yourself with a revenue stream by selling websites of your own on this site. If you have a blog with great content you can sell it on Flippa.com for a profit. It does not matter if your site makes money or not, people will bid on your website.  Many of these sites are selling for hundreds or thousands of dollars. You can search Flippa to see what kinds of websites sell for the most amount of money. You can buy a domain in that niche to create a website.

Also, check out Flippa.com for more information.

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