Pretty much and you can take it as far as you like. In my case I use a contract for each sale.

What you’ve pioneered is the answer of my years spent on the net – has anyone sell a blog successfully? I heard people flipping blogs for hundreds of dollars, but not way over tenfold of your purchase price – that is plain brilliant! I see it as a breakthrough, as you mention it in your podcast – quite a buzz on the Net. Now, not only you can monetize your blog, but you also can buy/sell a blog.

I just curious, what legalities to cover for blog flipping? Is it just the same as selling other online business?

Cheers!

Ivanpw
Noobpreneur.com – Resources for Entrepreneur

I have only started blogging and this aspect of selling it had never entered my mind. thanks for the food for thought on future options.

Leona

Read the case study I wrote Wayne – it’s linked above – it explains how I found the writers and set up SBB. The writers are all working with Vera now.

How long in average do you think that a site is ready to be sold after being bought as part of the flipping process?

Whenever you are happy with the numbers it’s putting out and you are at a point where you want to move on.

There is no right answer to that question that fits every situation. I sell my sites because I want to move on, not because I think it’s the most profitable time to do so.

I still think Ed’s system is one of the best for making money online, especially if you have some money to invest.

I wouldn’t be surprised if in the future you find yourself narrowing your focus too.

People go through stages – first you just need money so you chase different ideas to see what works. Once something works, you tend to focus energy there. If you build a team around you or work 12 hour days you can keep following multiple opportunities, but in my case I like the clarity of one purpose (and fewer working hours), so I’m simplifying – which is the smartest path you want to eventually take, given what I’ve studied about business systems.

Flipping a site like forums or of other modules that emphasize on user-generated contents such as forums, Digg-like sites and wikis can be much easier compared to a blog which required comstant updates.

When you bought over Small Business Branding, are the writers already writing and they remain in place until now?

How long in average do you think that a site is ready to be sold after being bought as part of the flipping process?

Thanks.