Scott bought a website, and Brecht has a new business mantra! Brecht and Scott talk through some recent tests and learnings on DistressedPro, Scott’s experience buying a website on Flippa, and a structure to evaluate new business opportunities.
Stuff
- Simon Holmes Tweet
- GuitarsZone.com — It is AWESOME
- The Hacker Who Cracked the Code in Iron Man and The Social Network
- Startup Advice from Patrick McKenzie – Full AMA at Beta List, Synopsis from Charlie Irish
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Hi! I'm a dad who is working to achieve financial freedom. If you want to know more about me you can check out my personal website or drop me a line at scott@bootstrappedwithkids.com.
Latest posts by Scott Yewell (see all)
- Episode 117: Why Are You Setting Goals - December 18, 2015
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- Episode 113: $180k in Leads, EOY Planning, and Automating Your Client Updates - November 20, 2015
Hi Guys,
Any chance of an update on Guitarszone.com in the next show? I made a calculation where if a site like this can make more than registration and hosting fees in a year, it is going to be delivering ongoing, zero maintenance profit once it pays for your time in setting it up or buying it. All it would take is a few dollars a week of income because of the tiny up-front cost.
If the few dollars of income holds, you could crank out one or two of these each week in the kind of dumb, too tired for real work time that we all have plenty of after our main thing is done. The key would be to move fast and not waste time on developing each one.
So is guitarszone.com bringing in a dollar or two per week so far? Is this all just madness and we need to concentrate on customer development, solving real word business problems etc.?
Thanks if you can get your pants down on this one :-).
Best,
Andrew
TL/DR current revenue is $0/wk… 😐
Well GuitarsZone has not lived up to the lack of sleep induced visions of grandeur I had for it. I have done nothing to drive traffic to it… It does get some traffic, but so far is not producing any affiliate revenue. I don’t know if I’ve set up the Amazon affiliate thing wrong, or if it just isn’t converting any referrals… I did get a big spike of traffic, but seems to be some sort of botnet which is weird…
The concept you describe is something the AdSenseFlipper / EmpireFlipper guys built a business around. Now it seems like more of their business is in building up revenue generating ad / affiliate sites and selling them to people who don’t want to do the work themselves.
I am interested in using Guitarszone to learn more about traffic generation. I’m planning to stick an articles section in there, probably powered by wordpress, and have some articles written to get some more google traffic… and other experiments as well. I don’t think this will ever be a big earning, and I’m not really excited about the business model… It’s more of an exploration…
Hey,
I heard your podcast about flippa and was interested in the summary that you spoke about in the podcast. Where can I find the summary?
Thanks,
Michael