Discussion in 'My Journey Discussions' started by Bloooop, Sep 29, 2019.
Good Luck with your Journey. waiting for the next level of your journey.
Congratulations on your success with this site. I see you're toying with the idea of selling it. I was in the same position with a similarly earning site not too long ago.
My advice: sell the fucking site asap. Why? There's several things that can go wrong for you:
1) You have no backlinks. If you appear in someone's AHRefs -> similar domains, you're fucked. Anyone with a decently strong domain could rewrite your content and outrank you within a month. I do this to my smaller competition all the time. This is your biggest risk, much more than a Google update.
2) Obvious Google Update (had this happen when I was in process of selling a site. Not fun)
3) Amazon fee change (had this happen when I was in process of selling a site. Not fun)
Take the money while you can. Sooner rather than later. When I sold my first site for 6 figures, I was hesitant to sell because I thought I could grow it more. Once that money went into the back account, that feeling went away. Now that it's been several years since I sold, it was 100% the right decision. Same thing with my latest 6 figure sale. Sell the fucking site and start a few new ones. Take 80% of the proceeds and put it in the stock market.
Don't be a dumbass. There's nothing special about your site that I, or anyone else with half a brain (and an RD400+ niche relevant domain), couldn't recreate easily if we found your site.
Take the money.
any course or resource to help acheive the same results??
While I agree in general that it is better to sell the site and move on when the time is right, I don' agree with the rest of your statement at all.
If your theory is correct, what is stopping the owners of motion invest or empire flippers or FE international or any of their potential customers from doing exactly what you suggested? They have access to a bunch of affiliate sites already.
Do you have any examples from your experience? I am really curious. In fact, OP explained his strategy pretty much in this thread and anybody can replicate if wanted.
Anyway, just my thoughts before bedtime.
Why would the owners of those businesses do that? What's the point when they get a guaranteed 15% of the sale and don't have to deal with Google's bullshit? That's not their business model. It would also be acting in bad faith and if discovered, could ruin their reputation, and depending on their jurisdiction, open them up to litigation.
It's not a theory. I said in my post that I do this to my smaller competitors all the time. The majority of my keyword research is done by finding smaller competitors and cannibalizing them. Dude is playing with fire.
So you say, that rewriting content of other no backlinked site can bring you higher than this site?
Just got back from a long ass drive. Sorry for the lousy updates due to the travelling but it is what it is.
Still no contact from anyone on Motion Invest. But I have a call with Empire Flippers for tomorrow at 10 so I'm hoping that goes well. Overall the site has remained stable for now so I just need to get it off my hands.
Earnings For Yesterday:
Thanks for the best wishes.
Oh trust me this site is sold as soon as I talk to EF or Motion Invest. I agree with most of what you're saying 100% so as soon as I get a meet with either team then it's gone.
The reasons you've stated are the exact reason why I'm selling.
While I have successfully kept off the competition regardless of their DA/DR with a few tricks. The SERPs aren't controllable if I suddenly get 10 huge sites in the space so while I might be able to hold off one or two large competitors If a bunch of people jump in then it'll affect the ranking of the serps. Anyone that knows On-page SEO should know what I mean.
Plus, I spent next to nothing to build it and anything I can get for it is worthwhile. So with a 6 month average of over 2k I'm sure i'll get a satisfactory amount.
Question for you though, how did you receive payment? That's my biggest concern.
Time and effort.
Escrow.com is what I've used with FEInternational and private sales. It's great.
+1 for escrow sold a site a little while back and it was a good experience don't remember how the fees were though
Hey Man,first of all congrats on your journey,it was impressive.
I want to drop my 2 cents about the question of selling or not selling the site.Imho selling the site is the right move,but i'd wait more.
I noticed that you site had a big increase in earings last months.
In this thread you said that it made:
-1k in September
-2k in October
-2.5k in Nov
-5k (???) in December.
When you sell a site,the broker consider last 6 months of earnings (at least),so they'll consider also the months you made 1k(or less).Let's say you made 1k also in july and 1k in august.Total earings of last 6 months will be:
1k in July
1k in August
1k in september
2k in october
2.5k in November
5k in december
total: 12.5k for 6 months = 2.1k per months x 24(2 years of profit,usually the average rate they sell websites)= 50k
50k is what you can expect selling this site right now.
But if you wait few months the value of your site could grow.Think about making 3.5k per month next 3/4 months,you cold sell the site for 80-90K.
Think about it Bro,and good luck.
Im not too sure why are you guys teaching him what to do with his website, like he doesn't know what he's doing. He never asked for advice He already decided and have other plans what to do with they money
On the payment issue, here is my experience:
When I sold my site with Empire Flippers, I used Payoneer and was able to receive my money. If you have them but have not received a large sum before, there might be a delay. They will ask for some evidence and documents but once cleared, you are good to go.
EF also offer bitcoin, direct deposit (for us citizens). You can use Transferwise (they accept that too) if you dont have Payoneer.
Goodluck with your sale. I want to see you sell this site and start another case study. Ill likely create one to follow along, maybe working hard as you might push me towards that sweet 10k/month...
So I had a quick talk with someone from Empire Flippers today and got answers to issues like payment.
They do Payoneer and transferwise options like you I was told by some of you and some others on Facebook. However, I didn't get a concrete response in regards to whether there would be a problem doing such a large transaction.
Hopefully just proof of various things will allow that to go through so fingers crossed there. On another note they also said it'll take 3-4 weeks to go through the preliminary procedures. For me this has two downsides:
1. Google might be an ass and drop an update.
2. Ehh I forgot reason two but I had another negative in mind lol.
Thankfully, there's a plus side as well. And it's the fact that January should be a strong month based on the emails I've received from different product managers I'm selling items for. So I'm expecting earnings for January to be in the range of 3-5k as well which should either increase the valuation.
Or at least put an extra $$$$ in my pocket.
Earnings for Yesterday:
Earnings are good. Let's just hope traffic stays stable and I successfully sell. Wish me luck.
Thanks for your input I've considered everyone's opinions and have weighed the pros and cons. And while I agree that it's worthwhile to hold it as I'd probably make a few more 4k months, I'd much rather take a calculated risk.
Yea, I'd earn more but I could also lose it all. It's like gambling while you're ahead and not knowing when to quit.
For me, one of the main reasons I'd sell this site is due to this journey. There's a wise saying that: "The tallest tree stands out in the forest and faces the strongest wind." That's where I'm at due to being in the spotlight. So I'm taking what I can.
I'm more positive I can turn 50k into 500k than I could earn 80k from the sale as I have no control over google or competitors.
If last resorts are drawn then, I'll just buy links and build more content faster so I maintain and keep scaling the site. But I'd rather use the capital from this to quickly replace it with other niche sites and fund a new niche site each month.
Either way I appreciate the input!
"Without counsel plans fail, but with many advisers they succeed."
I'm always open and willing to take advice from others anytime if it can help and give me guidance or something to think about. But true, I have already made up my mind plus I can easily 10x the sale amount in a year.
This particular journey will continue even after the sale as I haven't hit 10k. There's no point in starting a new thread. But yea stick around I'm definitely hitting 10k soon. As for the payment, since they do payoneer I'll figure it out as that's all I need.
I've seen people get paid 40 - 70k a month on there. So I should be able to get my payment there too plus i'm not doing anything shady so I can show adequate proof.
Well i definitely disagree with a lot of edit: the advice, not ur advice, u got on selling ur site.
I was thinking of selling one of my amazon brands a while ago... it was about a year old, i had the same concers that u do with that site althought it wasnt a site its an amazon brand but the same concers are still legit [what if someone copys, what if amazon bans me, what if what if and what if]
At the end of the day I got an offer for $160,000, which was lower than I asked for [ I asked for 210K]
I've decided NOT to sell.
1 year later the brand is still going strong, sales have grown and guess what? now its older.
one of the things I kept getting from buyers a year ago was "oohh but the brand isnt that old ohh ohh what if its not stable ohhh" fucking whiners. lol.
and now? they'll have to pay me a premium when i sell it in about a month [im launching another product on it right now that'll increase the price even further]
1. Wanted to sell a 1 year old online business
2. decided not to, let it age and get a higher premium
3. it aged, have grown, no one copied/ amazon didn't ban me [knock on wood lol]
4. will sell it for way more than what i wanted + I got another year of passive income [XX,XXX profit per month]
so don't be in a rush to sell online businesses. stop scaring urself with "what if"... not saying u should never sell, but sell wisely maximize ur profits.
Excellent advice. One major difference is that yours is most probably FBA or FBM. The SITE here is amazon affiliate site. Not the same kind of business.
its FBA and the concerns were EXACTLY the same.
What if someone copies him? what if someone copies me?
what if google updates and fucks him? what if amazon does and jeff bezos fucks me?
and so on
edit: forgot to mention i had the same thoguht with an amazon affiliate site i have... should I sell? I didn't [that site isnt making as much as the fba biz but still good money]
the site is still alive no one copied me and no aliens stole my bank accounts yet...
so if ure building ur online business right, u'll be fine.
EDIT 2: One more crucial point is, for those who are thinking :" well, ill just sell it and build another amaz aff / amz fba business! "
Remember, amazon fba got more competitive in this year and its super hard to find new opportunities. and the same goes for amz aff sites...
so again, think wisely and milk the opportunities u have found before selling them for a few bucks. they can make u passive income for years and no one guarantees u ull find another one like it just because u have, in the past.
been following your jurney bro. is that worth to affiliate a cheap product ? i mean like under 20$?
I agree with you, I have not agreed on the reasons to sell. I find those reasons are ill-found, to be honest. Nothing is stagnant in this business, you have to keep on innovating to be successful.
The only reason to sell IMO is because the money can be invested into something big. I personally do not sell my projects.
Thanks for the insight.
100% agree with this statement.
This, and maybe if some huge company / an idiot offers u an insane amt of money are the only reasons to sell.
Thing is, most these projects don't require a lot of money to start as we both know.
I started this specific business with maybe a grand, its now worth around 250K and been making me 4-5 figures profits each month for the past 2 years.
Because that would be business suicide. Those sites make millions of dollars a year. They have super successful and growing companies.
It's like me on the wolf network. I would never touch my clients niches. No matter how juicy they are. My core business is FAR too important. Why risk the integrity of my business for a few side bucks? Why risk a million dollar business just to get a new niche site making a few k a month. Doesn't make sense.
And that aside..
The above method is EXACTLY how I find and rank Amazon review sites. I hunt out weak sites with high traffic/high keywords, then I replicate every page with traffic > 300 per month. I scower niches for these sites. They are sitting ducks. The OP should DEFINITELY sell.
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