How Much Is My Method & Website Worth $1000-$1700 Per Month Profit

Status
Not open for further replies.
RingAdvantage

RingAdvantage

Regular Member
Joined
Nov 2, 2014
Messages
363
Reaction score
129
Ok so i have a method that is earning me between $1,000-$1,700 profit each month, the method I've been testing out for well over six months and the niche I'm in not many people can do what Im doing its actually kinda of cool to find out that this niche has no real competition...anyways i was manually doing everything via my phone and decided to create a website to make the whole business or method credible. My intention here is to sell the method & business aswell as the accounts needed, all the ads i use etc etc... I was thinking of selling it on ebay or flippa because those are the only places I've ever delt with. so my question is how much is my business, method, website and account is worth? ....

I forgot to mention it comes with 4000 people who are in my contacts so I can email them to.
 
Advertise on BHW
Well as the basic rule when selling a working business I would stick with:

- 2 years * monthly profit = 1350$ * 24 = 32400

now you need to consider:

- is this method scalable?
- stability: will this method be usable in let's say year or two?

it's hard to tell more, because I don't know anything about your business model, so take this only as an example, actual situation may be different...

Take the 2 years as an example case, for a scalable and stable business i would go up to 4-5 years.
 
Alis_ said:
Well as the basic rule when selling a working business I would stick with:

- 2 years * monthly profit = 1350$ * 24 = 32400

now you need to consider:

- is this method scalable?
- stability: will this method be usable in let's say year or two?

it's hard to tell more, because I don't know anything about your business model, so take this only as an example, actual situation may be different...

Take the 2 years as an example case, for a scalable and stable business i would go up to 4-5 years.
Click to expand...
Yes this is just the tip of the iceberg with this business so it is very scalable and stable
Marko T said:
How can we know how much your business is worth? We know nothing about it except it is so cool noone knows about it but you.
Click to expand...
Well I thought by the income that it was producing that there was a way to figure out how much to sell it.
 
Why would you sell it?

The first obvious thing when it comes to this type of thread is if someone wants to sell a website/method that generates 4 digits, with maybe huge potential, it means that the "method" is dying and people usually want to get the max out of it as soon as possible.

It's like, you found what 9 out of 10 people want not just here at BHW but on the whole internet, a method that is working and making you some solid money, why sell such a thing?

Why do you want to saturate your method for a few bucks on the side?

Btw @RingAdvantage don't get me wrong ;) This is not the type of message "Hey, look at me - I'm a smart guy", I just want you to take a moment and think about it, and I'm just curious to find out why selling something that you've been working hard to build and everything else, and now instead of looking at how to scale it up, you want to sell it, think about it.
 
MrDenz said:
Why would you sell it?

The first obvious thing when it comes to this type of thread is if someone wants to sell a website/method that generates 4 digits, with maybe huge potential, it means that the "method" is dying and people usually want to get the max out of it as soon as possible.

It's like, you found what 9 out of 10 people want not just here at BHW but on the whole internet, a method that is working and making you some solid money, why sell such a thing?

Why do you want to saturate your method for a few bucks on the side?

Btw @RingAdvantage don't get me wrong ;) This is not the type of message "Hey, look at me - I'm a smart guy", I just want you to take a moment and think about it, and I'm just curious to find out why selling something that you've been working hard to build and everything else, and now instead of looking at how to scale it up, you want to sell it, think about it.
Click to expand...
To be honest i would not sell and keep this all under wraps but a couple years ago I got depressed and stopped working and it caused me to get behind in my mortgage by like $36k , this method and website was not running and I have been going to courts and there going to sell my house if I do not come up with $36k by end of April.... my mental state at the time was not in the best condition but it is time for me to pay the piper and I do not see a way out so selling this and even speaking of it sucks cuz I know what the potential in what I have is, but not enough time .
 
Alis_ said:
Well as the basic rule when selling a working business I would stick with:

- 2 years * monthly profit = 1350$ * 24 = 32400

now you need to consider:

- is this method scalable?
- stability: will this method be usable in let's say year or two?

it's hard to tell more, because I don't know anything about your business model, so take this only as an example, actual situation may be different...

Take the 2 years as an example case, for a scalable and stable business i would go up to 4-5 years.
Click to expand...

Online business sell for as low as 3 months worth of income, 6 months and above is already a good offer. 2 years, not gonna happen.
 
It's very hard to value without knowing much about it . It could be something dodgy (and unsustainable) and that's why there is no competition.

Its a bit like saying I've got a really fast car, how much do you think its worth.

You'd need to provide more details - the niche, the business model, etc etc, before anyone could place a guess.
 
Ok so if I were to create say 36 websites and slapped my method on them is it realistic that I could get $1,000 per website & method and accounts on flippa and ebay?
 
steviem1 said:
It's very hard to value without knowing much about it . It could be something dodgy (and unsustainable) and that's why there is no competition.

Its a bit like saying I've got a really fast car, how much do you think its worth.

You'd need to provide more details - the niche, the business model, etc etc, before anyone could place a guess.
Click to expand...
Ok thanks , atleast I got some answers
 
RingAdvantage said:
Ok so if I were to create say 36 websites and slapped my method on them is it realistic that I could get $1,000 per website & method and accounts on flippa and ebay?
Click to expand...

Definitely easier and more realistic than selling 1 website for $36k. :)

But it won't happen overnight...you would probably need to sell 2-3 websites per month.
 
RingAdvantage said:
To be honest i would not sell and keep this all under wraps but a couple years ago I got depressed and stopped working and it caused me to get behind in my mortgage by like $36k , this method and website was not running and I have been going to courts and there going to sell my house if I do not come up with $36k by end of April.... my mental state at the time was not in the best condition but it is time for me to pay the piper and I do not see a way out so selling this and even speaking of it sucks cuz I know what the potential in what I have is, but not enough time .
Click to expand...

Ahh, sorry to hear that.

You see, that changes everything, the whole concept of how people see things, generally in life, not just with this.

Anyway, I understand you now completely 100%, and sorry if I was sounding, like an assh**e with my "observation".


As for the website and business side, the price can be anything...

If you have about $1500, let's say on average every month, in the last 6 to 12 months, you can take a solid amount of money.

People will ask for 12 months of gross revenue, and all possible statistical parameters to check, to get the full price people will expect to see 12 months of average earnings, if it's above $1500, that's ok.

But if it varies from month to month, they will kill your price, they will kill it in any case, especially if you don't have at least 6 months x $1500/month.

As far as the final calculation is concerned, I would not like to go too far, because I do not know the exact data to be able to handle some facts.


You can try selling here on BHW, but you'll have to become a Jr VIP and pay an extra small fee for the BST approval, and I'd do that if I had what it takes.

You look at all that as a kind of investment, where you invest about $180 and you have a year to sell the site/method.

Of course, you have other options, but I would start with BHW first because I would be in contact with people, have easy communication, and everything else.

In any case, I wish you all the best, both in real life and in this online journey, I'll keep my fingers crossed for you.
 
OnlineA said:
Definitely easier and more realistic than selling 1 website for $36k. :)

But it won't happen overnight...you would probably need to sell 2-3 websites per month.
Click to expand...

OnlineA said:
Definitely easier and more realistic than selling 1 website for $36k. :)

But it won't happen overnight...you would probably need to sell 2-3 websites per month.
Click to expand...
Yeah 2-3 per month won't cut it for me, maybe I just need to figure something out
 
MrDenz said:
Ahh, sorry to hear that.

You see, that changes everything, the whole concept of how people see things, generally in life, not just with this.

Anyway, I understand you now completely 100%, and sorry if I was sounding, like an assh**e with my "observation".


As for the website and business side, the price can be anything...

If you have about $1500, let's say on average every month, in the last 6 to 12 months, you can take a solid amount of money.

People will ask for 12 months of gross revenue, and all possible statistical parameters to check, to get the full price people will expect to see 12 months of average earnings, if it's above $1500, that's ok.

But if it varies from month to month, they will kill your price, they will kill it in any case, especially if you don't have at least 6 months x $1500/month.

As far as the final calculation is concerned, I would not like to go too far, because I do not know the exact data to be able to handle some facts.


You can try selling here on BHW, but you'll have to become a Jr VIP and pay an extra small fee for the BST approval, and I'd do that if I had what it takes.

You look at all that as a kind of investment, where you invest about $180 and you have a year to sell the site/method.

Of course, you have other options, but I would start with BHW first because I would be in contact with people, have easy communication, and everything else.

In any case, I wish you all the best, both in real life and in this online journey, I'll keep my fingers crossed for you.
Click to expand...
Trust me I completely understood everything you were saying the first post and didn't take it to badly, kinda expected it. And thank You for taking the time to write back it's appreciated
 
OnlineA said:
Online business sell for as low as 3 months worth of income, 6 months and above is already a good offer. 2 years, not gonna happen.
Click to expand...
that's why I said it's just an example... I gave an estimate for business-on-key case scenario, where someone sells his whole business as is... Sure it can be as little as 3-6 months, but we don't know any context, I gave him the best case scenario...

I had cases where people had to sell stuff that was working, can be multiple reasons, but mostly it was health issues where quick money was priority, bcs of need to pay for medical bills, etc. In that cases scalability and other stuff goes aside for some quick cash...
 
RingAdvantage said:
Yeah 2-3 per month won't cut it for me, maybe I just need to figure something out
Click to expand...

If I were you, I would move to a country with much more affordable housing and a much higher quality of life at the same time.

$36k buys you just a little bit more time in the US, while it gives you 10 years of good life in Bali, for example. People who work online are just wasting time in the West, its not worth it.
 
OnlineA said:
If I were you, I would move to a country with much more affordable housing and a much higher quality of life at the same time.

$36k buys you just a little bit more time in the US, while it gives you 10 years of good life in Bali, for example. People who work online are just wasting time in the West, its not worth it.
Click to expand...
Yeah I have all my family here so it isn't possible for me to do that
 
Advertise on BHW
Status
Not open for further replies.
Sign up now!

Main Menu

Home Main Forum List Black Hat SEO White Hat SEO BHW Newbie Guide Blogging Black Hat Tools Social Networking Downloads

Marketplace

Content / Copywriting Hosting Images, Logos & Videos Proxies For Sale SEO - Link building SEO - Packages Social Media Social Media - Panels Web Design Misc

Making Money

Affiliate Programs Hire a Freelancer Making Money Pay Per Click Site Flipping

BlackHatWorld

BHW Merch Forum Suggestions & Feedback Introductions Lounge Dispute Resolution

Other

Domain Name Forum IM Journeys Web Hosting Newsletter
Back
Top