Ep 269: Google Update – The Path Forward Acquiring An Online Business To Make Money Online
Learn how Google updates are reshaping the online business landscape and uncover actionable insights on acquiring an online business.
Hey there! If you’re considering purchasing an existing website, you’ve definitely landed in the right spot. I’m going to (literally) give you the A to Z of website investing. Intriguing, right? So, let’s dive right in and shed some light on how you can use due diligence to make sound, informed decisions.
Looking to learn how to buy a website? My detailed course covers the ins and outs of buying content websites - from finding a site, through website due diligence and valuation to closing the deal.
Website due diligence is the comprehensive review and investigation of a website before buying it. It’s an essential step in the digital acquisition process, just as it is in traditional business.
This process not only validates the website’s worth but also identifies potential risks, strategies, and future growth opportunities. Great insights!
When you buy something, you do your due diligence to figure out if it is something worth your while. For example, when you buy a car, you don’t just check the paint job; you kick the tires, check the engine, and even take it for a test drive.
Website due diligence is your “test drive” in the digital landscape. It helps you sift through possible pitfalls, ensuring that you’re not just buying a shiny front end. At the same time, it can help you find hidden gems with a lot of potential!
Here are some articles where I talk about just that:
The quality of data you get depends on the quality of your research. So, to do your due diligence right, make sure to:
If you need some more guidance, make sure to check the links below:
Website due diligence has numerous benefits that aid in creating a safe and informed digital investment environment. Let’s break down some of these advantages:
Despite the numerous benefits of pursuing website due diligence, it is not without its challenges. Below are some key considerations to keep in mind:
Despite the time and effort required, effective website due diligence is absolutely worth pursuing. It is an essential step that greatly reduces risk and leads to sound investment decisions.
You’ll appreciate its enormous value and potential. And if you’re not convinced yet, I talk about it a lot in my podcast:
It depends on the website size and complexity. For a smaller website, a few days to a week could be enough. But for larger, more complex ones, it might take a couple of weeks. The goal is to be thorough and meticulous.
Keep a keen eye out for things like inconsistent earnings, sudden spikes in traffic, over-reliance on a single traffic source, dubious SEO tactics, or an outdated website design. Spotting these early can save you a lot of trouble.
Learn how Google updates are reshaping the online business landscape and uncover actionable insights on acquiring an online business.
In this episode, Garth will share his journey into buying 14 content websites and the lessons involved. Check it out now!
In this valuable episode, Jaryd and Scott will discuss why people fail to replace their income and make money online. Find out the answers now!
In this special episode, Jaryd with Dave Rodenbaugh will talk about due diligence and how you can identify risks so you can make informed decisions for your business.
I have bought business from Flippa and I know many people who have too. If it wasn’t for Flippa I would never of even started my career in buying websites and wouldn’t have been able to help my clients make thousands of dollars from buying websites too. However, there was a time where many people …
Flippa Is Changing The Game – Why I Am Excited & You Should Be Too Read More »
In this very special episode, I get to speak with Adam Beebe, Senior Broker of Latona’s Website Brokers where they sell 5, 6, 7 and even up to 8 figure businesses! We talked about what makes a good website investor for beginners.
We also explored the reason that drew Adam to the space of buying and selling websites. How do you become an attractive website buyer and be successful in buying websites? What is the biggest mistake buyers make and what they should have done differently?
In this exciting episode, Charley shares his experience on an investment where he sealed a deal for a $2.5 thousand per month website.
How to know if a business is for you or not? What are the things he learned in the process of doing his due diligence? What are the highlights he went through in the whole process of buying this business? What everybody else, who’s doing this, should be looking out for as well?
Today’s very special guest is the Flippa CEO, Mr. Blake Hutchison, who runs the biggest online marketplace for buying and selling website businesses.
In this episode, we are going to talk about: the ins and out on where should a beginner website Investors Start, how to do great due diligence, determining the returns from buying websites, and where his whole industry of buying online businesses is headed.
In this episode, Charley and I shared the absolute key to go away and talk about Mistakes We ALL Make When Buying Websites.
How can mistakes be destructive to us as investors? How important is cross referencing financials to ensure the solidity of the business? What GREAT questions you should prepare before speaking to the seller of the business? Why is it important not to sell ourselves into an investment which could set you back significantly? These questions will be answered in this episode, so sit back and listen before you start investing in websites.
In this episode, Charley and I are sharing a lot of golden nuggets as we are talking about Websites Due Diligence Stories You Need To Know. So if you guys are looking to go away and make money online, invest in anything, we talk about some very powerful stories where we almost lost a whole lot of money, hundreds of thousands of dollars, and some other stories where we’ve become very, very successful as well up into making the seven-figure mark.
As we deep dive down into the rabbit hole, you will hear the best investment I ever made and the best investment Charley ever made. How easy it can be to be blinded during website due diligence. What is the ratio of legit business sellers online from scammers to fudgers and even unconscious sellers? And what is our process of analyzing businesses?