Buying an internet business and website flipping

BUYING AN INTERNET BUSINESS AND WEBSITE FLIPPING

Buying an internet business and website flipping, some of the best ways to make money on the internet and build an internet business online

Hang on a minute. You invested about £300 which is an ongoing cost. It took you a day to set it up and for the first year or two you spent a couple of hours a month tweaking it to what you consider to be its optimum performance. Ten or twenty years down the line, it is still bringing you in a grand a year and you may only by then be spending an hour a year running it. Taking inflation into account, a thousand pounds an hour is not bad money and it could still be generating a good income thirty or forty years from now for you or whoever you willed it to on your death.

MAKE MONEY ON THE INTERNET

Besides, it might be making you £10,000 per annum. It is entirely up to you. We just don't want you to think that making money on the internet is that easy. There are no guarantees and estimating how much a site will earn is a piece of string question. However, nothing ventured, nothing gained and if you have a hobby or subject that is popular with a world wide audience, Utopele is the best vehicle to start for just a small investment.

Now let's assume that you have built a website on Utopele and the income is trickling in and you are making a profit. Let's assume that you built a golf related site because you play golf and could happily spout forth on the subject. Let's also assume that for the time being that you have found all the golf related affiliate deals and built your BANS site and you have gone as far as you can with the development for the time being.

BUILD AN INTERNET BUSINESS

What else do you know about? What other hobbies do you have? What does your spouse know about? You simply return to Utopele and build your next internet business. This may be related to golf or something totally different. However, you can network your two sites together to encourage people who visit one to visit the other. You can also network with other related sites to increase traffic.

Because you already have one Utopele website, the second costs less because you get a discount. You spend another day setting up the business, you have made another small investment and you have another internet business that is earning you money twenty four hours a day, seven days a week for years and years to come.

BUILDING AN ONLINE BUSINESS

As your business grows, you will get more ideas and better at it and the income will continue to grow. It won't make you rich over night but it will make you rich in the long term. You will have to put a great deal of effort into it from the beginning, and you will need to work on your businesses a few hours a month. If you have 30 Utopele sites each earning you £3,000 per annum, you could expect to work about 20/30 hours per month. Not bad for £90,000 grand a year. It could be more, it could be less; it is entirely up to you.

However, this is just one way of making money on the internet and when the income starts to flow in and you are more experienced you may want to look at other internet revenue streams.

BUYING AN INTERNET BUSINESS

Once again, this subject is covered in greater detail a little later in the book. However, it is worth touching on the subject now to give you a little teaser.

Buying an existing internet business or second hand website can prove to be more profitable than having a website designed from scratch but in all instances, the advice is the buyer should beware if you don't know what you are doing. You have to approach buying an existing internet business with a view to buying a business model, rather than buying a website to fit your business model.

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The Golden Web - The Internet Entrepreneur's Definitive Guide to Making Money Online

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Buying an internet business and website flipping, some of the best ways to make money on the internet and build an internet business online