This was something i was going to look into when it first come out.

But it was quite expensive.

It seems that just when the major businesses online are circling the wagons around less fragmented sites toward building an authority site we get this course that gets everyone hyped about going out and buying up a bunch of fragmented sites again.

Now – Frank and Ed did Underachiever that told people to launch a bunch of ebook sites (philosophy of getting a little from a lot), then Ed does Web2.0 to build authority toward a site, now it’s flipping sites – while I can see through engough of this to relate specific information to my business, others are going to be charging off on yet another tangent that will soak more money and time for the next year and still end up with no sustainable business at the end.

I’m sure Ed’s course is chalk-full of useful information on buying and selling websites – but you have to step back and ask yourself, is this in MY best interest? Is this the business I want to be in? Or, first, decide what business you want to be in, then selectively go about finding site(s) that fit into that plan – that’s where (and when) this information would be most useful.

Jeff

“The biggest mistake I made was buying sites from niches that I don’t know anything about or are not particularly interested in.”

Such a shame when good sentences make bad grammatical turns…

/cry

So I guess my advice would be for people to make sure they buy sites on a topic that fits in with their current sites/interests rather than going for something just based on money potential.

For myself, I’m probably not going to buy any more websites. I’m putting aside cash right now to get into real estate as my side business.

I love the internet and that it has allowed me to go from being broke, in debt, and living with my parents to having my own home, having credit cards and a new car paid off, etc.

That said, I’d rather spend my extra money on something I know will still be a great investment 20, 30, or even 50 years from now. I’m sure the internet will be around in some shape or form in the future and that it’ll always be possible to make money, but I’m not sure today’s money-earning sites will all be able to evolve into tomorrow’s money earning sites (or even if “sites” will be what we have down the road). On the flip side, I know people will always need a roof over their heads.

From the information you have given, buy and sell business the online way sounds really interesting and it can really earn you money but like what Rod had said it requires ample time to get things done.

A lot of major considerations needs to be done before buying a site, you don’t want to end up buying useless site, do you?

However, once you get the whole process going, everything will fall into place.

Like any other business, there is always a first time.

Last week I wrote an article about how you can turn little niche sites into big business using Ed’s method. I’ve linked it below, I hope it’s useful:

http://www.caroline-middlebrook.com/blog/turning-small-niches-into-big-business

This is still a fairly time intensive effort: Reviewing the sites content, reach within engines, public opinion of the site, and revenue generated from advertising all would require a good bit of time. However, it definitely sounds like something that could be lucrative. Keep us posted…you’ve certainly peaked my curiosity.