The following is an excerpt from Flip This Web Site, a new eBook by Zac Johnson on how to make big money buying and selling websites. The book is on sale at 50% off right now. But you have until midnight Thursday to take advantage of it.
Before jumping into the process of buying and selling on Flippa, and what you should look for in a winning auction, you will first need to decide for yourself whether you want to build your own website from scratch or purchase an established website?
Let’s say you have $10,000 to spend on a new business venture. You are deciding on whether you would like to build a brand new site or simply takeover an existing website. I will list a few different methods below and you can weigh your options to see which path is right for you.
What is Your Time Worth?
When starting any business or new venture, you have to measure what your time is worth and what you can actually accomplish in the free time that you have. When starting a new website, you will have a lot of work ahead of you. From simple things like buying a domain, setting up hosting and designing a web site to more complex areas like search engine optimization, getting traffic to your web site and building a revenue model, you will need to decide on what this is worth to you.
What is Your Website Plan?
If you are planning on purchasing an established website, everything is laid out right in front of you and you know what you are getting at the time of purchase. When starting a website from scratch, you will have a long road ahead of you. The difference between the two is that you are putting a lot of money up for what is there and established, versus putting in a lot of time and effort toward something that may not be where you would like it to be a few months down the road.
Buying an Established Web Site, Then Outsourcing
When looking at all of the complications involved in starting a new website, it can seem quite overwhelming. Purchasing an established website, then outsourcing the management, link building and content creation for the site is a great option. Later on in the guide I will cover different methods for web site monetization and outsourcing. If you have the funds necessary to purchase a website and hire an outsourced team, you can still do very well just overseeing your website projects and making sure they continually grow.
If You Have Little Money to Invest, But Lots of Time
On the flip side of many of the points above, there are also many of us who have little investment money, but a lot of time on our hands. This is when it might be a good time to learn how to create a website from scratch, but you can still use Flippa as a learning tool to see how others are successfully building sites and understand how they are making money. Should your website grow into a part-time or even full-time revenue source, you could always list your site on Flippa and potentially earn 10-30x your monthly earnings.
My friend Zac Johnson has just released his new eBook entitled, Flip This Web Site, which details his foolproof method to making money online by buying and selling web sites.
Zac and I did a webinar back in April on how to buy and sell sites on Flippa. In Flip This Web Site, Zac takes those concepts from the webinar and breaks it down into easy to follow step-by-step instructions. He also added a whole bunch of materials not covered in the webinar.
All together, Flip This Web Site gives you over 150 pages of killer content, six videos walking you through the process, mini niche web site guide, case studies, interviews, and other bonuses.
The first 100 users to grab a copy of Flip This Web Site will also receive 10 free credits towards their Flippa account. Flip This Web Site stands out as one of the best web site flipping guides out there. The added bonus guide and videos truly makes this an opportunity you can not pass up!
The 4th of July celebration concluded at Yarrow Point yesterday with a parade on 92nd Ave., a street party, and fireworks display at Cozy Cove. It started at 11AM and didn’t end until 10:45PM.
The Town of Yarrow Point is bordered on three sides by the eastern shoreline of Lake Washington. This peninsula covers approximately 231 acres, has 4.32 miles of streets, and includes about 405 homes housing an estimated population of 1,010 residents. Some might wonder how such a small town can put on such an extravagant 4th of July celebration. The answer is quite simple. Yarrow Point is one of the richest communities in the state of Washington (Microsoft CEO, Steve Ballmer, lives here).
The parade featured a brass band, neighborhood kids and a lot of expensive vintage cars. Sally had a great time going after all the candy they were tossing out. As much fun as the parade was, the evening fireworks were what took the cake. The main fireworks were set to go off at 10:15PM, but many residents held their own fireworks displays. It was a really crazy sight watching the neighbors trying to one up each other. I guess when you live in a neighborhood filled with $10 million waterfront homes, this is to be expected.
I like to wish all my American readers a happy 4th of July Independence Day. I’ve been getting the full experience down here at Yarrow and Hunts Point. It’s been fantastic so far, and I’m really looking forward to the fireworks tonight.
I’ve been hanging in down in Seattle for a while now and have met many really great people. Canada and the United States at not that much different. We share the same hopes and dreams, and we have the longer UNDEFENDED border in the world. It stands as a testament to our friendship.
Happy 4th of July America. Sometimes, you can be a royal pain in the butt to the rest of the world but when the all the dusk settles, I am extremely happy to have you as our friend and neighbor. God bless the USA.
I like to wish all my American readers a happy 4th of July Independence Day. I’ve been getting the full experience down here at Yarrow and Hunts Point. It’s been fantastic so far, and I’m really looking forward to the fireworks tonight.
I’ve been hanging in down in Seattle for a while now and have met many really great people. Canada and the United States at not that much different. We share the same hopes and dreams, and we have the longest UNDEFENDED border in the world. It stands as a testament to our friendship.
Happy 4th of July America. Sometimes, you can be a royal pain in the butt to the rest of the world but when the all the dusk settles, I am extremely happy to have you as our friend and neighbor. God bless the USA.
The 4th of July celebration at Yarrow and Hunts Point continues with a pet parade at Mary Elmore’s front yard. As far as I can tell, Mary has been hosting the pet parade for a long time, and her front yard is more than big enough to host the event (makes me wonder how big the back yard is).
While it’s billed as a pet parade and cats are welcome, it’s really all dogs (there were two chickens). The theme for the parade was Hawaiian and the children and parents were encouraged to give their best interpretation of the theme. We just dressed up Sally’s dog in a Hawaiian shirt but some families took it to the extreme.
Enjoy the video and photos. The 4th of July celebration continues tonight with a street party. This is a great way to get to know the neighbors better.
4th fo July started early at Dot Com Pho. Actually, it started yesterday with a kick-off party at Yorrow Point, continued today with Pho at Thanh Vi, and will end with a big fireworks display on Monday. We had five people attend this edition, including Nate Whitehill of Unique Blog Designs and Josie Office Design.
For this 4th of July edition of Dot Com Pho, we have made in America cupcakes, loud Hawaiian shirts, Mexican beer at a 4th of July kick-off, a seaplane at my house, and a whole lot more. Anyone is welcome to join us for Dot Com Pho. Follow me on Twitter to find the time and location of the next one.
Dot Com Pho Vancouver – Google+ Edition
Over in Vancouver, the crew head to Le Petit Saigon for some non-pho, discuss Google Plus, and check out the Supertooth HD gadget of the week.
Google+ is Google’s answer to Facebook. The service is in closed beta right now. The only way to try it is by an invite. Getting an invite is simple enough: just get a current Google+ user to invite you.
I’ve been playing with Google+ since it went live and so far, I’m liking what I see. The service is a like a very clean version of Facebook. I don’t know about you but I think Facebook has been getting more and more clutter with each redesign. Google+ is extremely refreshing with its minimalist layout. Sometimes, less really is more.
If you’re a Google+ users, I like to hear how what you think of the new social network? Do you think it has a shot against of Facebook or will it head the way of MySpace?
WordPress has released version 3.1.4 of the world’s best blogging software. This is a maintenance and security update for all previous versions. All users are recommended to update to this newest version.
This release fixes an issue that could allow a malicious Editor-level user to gain further access to the site. Thanks K. Gudinavicius of SEC Consult for bringing this to our attention. Version 3.1.4 also incorporates several other security fixes and hardening measures thanks to the work of WordPress developers Alexander Concha and Jon Cave of our security team. Consult the change log for more details.
Download WordPress 3.1.4 or update immediately from the Dashboard → Updates menu in your site’s admin area.
WordPress 3.2 Release Candidate 3
The next great WordPress, version 3.2, is right around the corner. However, if you’re feeling brave you can test out the latest release candidate 3.
This release was about all that stood in the way of a final release of WordPress 3.2. So we’re also announcing the third release candidate for 3.2, which contains all of the fixes in 3.1.4; few minor RTL, JavaScript, and user interface fixes; and ensures graceful failures if 3.2 is run on PHP4. As a reminder, we’ve bumped our minimum requirements for version 3.2 to PHP 5.2.4 and MySQL 5.0.
With more and more people on the internet everyday, it is now possible to make a profit teaching just about anything. It’s also no secret that the most successful teachers are the ones that target a specific problem, desire or action.
You can do the same thing, you can teach something and get paid to do it. It’s nowhere near as impossible as you might think. It is just a matter of applying the steps you’ll read in this post.
1. Find Something Useful To Teach People
The best topics to teach are the ones where you teach people how to solve a problem or how to achieve a strong desire. As a general rule of thumb, a good topic must have some competition. There should be at least a couple of websites teaching exactly what you’re going to teach.
Get ideas from Amazon books
This is a great way to find a topic. Just go to Amazon.com, and use the category system to surf around book categories. Carefully observe the book titles, the table of contents (below the book photo) and its reviews. These are books that are published by big companies and go through extensive market research before being published and this is great because it is like a confirmation that the information has demand and there is an audience for it.
Go niche!
I suggest you avoid big markets like weight loss because there’s too much competition there and it is very hard to get noticed. Instead, focus on smaller segments of that market, like a specific age segment. So for example, how to lose weight becomes how to lose weight for young people.
Your topic can be anything that has a real demand such as how to become a game tester or how to improve your English pronunciation. Although it is useful, you don’t need formal education about the stuff you want to teach. People don’t care about diplomas, they care about results.
2. Teach It Online Using A Membership Website
A membership website allows you to protect your content or services, showing it only to members that pay a one-time or recurring fee. The membership model is great for teaching or training websites because it allows you to be very flexible and dynamic with your learning environment compared to a book. This is great for your members experience and it helps you make more money.
The website model
There are several different types of teaching models but the simplest one is to create a complete step-by-step course a fixed duration and plenty of multimedia content which you would deliver in weekly modules to your members. This coupled with a forum and a nice e-mail support can be the perfect learning environment.
Create video training
Although it doesn’t work with all topics, videos and multimedia content in general, have a high perceived value which is great to use as training material. Use software like Camtasia and Power Point to create high quality instructive videos. Put yourself as talking head on the screen to make it more personal!
Create a forum
This will enhance your members learning experience by leaps, although keep in mind that it can be a lot of work and only do it when you already have some members, otherwise it can look dead and actually damage your membership.
Use content marketing to attract visitors
Content marketing is the act of creating and sharing free content with the goal of converting visitors into buyers (members, in our case). It’s the best technique to use with a teaching website because it creates a natural flow from the free to the paid membership and therefore, it increases conversions!
So, what are you waiting for? Go ahead and start to teach!
Peter Almeida is the blogger behind Buzzrain, the Membership Website Builder. Check out his free 48 page e-book on How to Build a Profitable Membership Website to learn more about him and Membership Websites!