We talk a lot about building your niche site, but this week, we talk about selling! Jim covers what you could expect to make from your site based on its current earnings. After all that hard work, it can be hard to say goodbye but sometimes it’s worth it!
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Interesting
I've done some math based on some numbers I earned from income school and this vid.
say we only do ads on site we want to sell, that's about 25$ a 1000 PV a month which equals about 1 post.
say we want to sell a site at $5k a month, it means we need around 200 posts. if you do this in full time work it should take around 3-4 months to produce.
this all means about $58k a month net income on your site that you'll sell for $200k.
or about 600k-800k a year if you keep doing this with new blog every time.
if you include affiliate and info product which should make it about $40 a 1000 PV a month you then need only 125 posts and might take closer to the 3 months or bit lower (all assuming its full time) since I consider info product and affiliate take somewhat less time than writing 75 more posts.
anyways so it goes about $2k a day (6-9 hours) or $250 an hour compared to the blog itself that would have made you $167, but with almost no daily work (0.05-0.2 hours) or $825-$3300 an hour.
bottom line is both are very lucrative and worth our time. a blog for yourself isvery good return for the little time you have to put to it just for maintenance and a blog to sell is good for much quicker money but it comes at the cost of much more of your time.
the more blogs you build for the long term the less lucrative selling blogs would be (at least those you start from 0 yourself) since the more you earn from long-term blogs the more your time is worth.
overall I think it's a good idea to make 1 or a few blogs to sell (1 after another) quite at the beginning (but also after you're already a bit experienced with your own first blog) to make some good quick money to help you in life and to help to invest in you long term blog/s and general investing for passive income. then keep working on more or the same long-term blog/s and if you want also do blogs to sell but spend less time on those slowly.
side note: the calculation was for full-time work so if you want to work only 2 hours out of 8 hours a day than adjust the numbers accordingly. 3-4 months will become 4x, or 12-16 months.
another side note: you can stop working at whatever point you're feeling comfortable with of course, I just framed a workflow for as long as you want to keep growing what will be an optimal way in my eyes.
and a third one: the numbers are very rough so take it all with a grain of salt as this is based on assumptions and inaccurate numbers.
didn't intend to write this much haha it was for myself too, but I do hope it helps someone 🙂
does the income from affiliate, info product, youtube (not personalized) count as well in the calculation?
You added a fly sound that too in stereo, and I was hitting the back of my head to kill the fly. Later I realized…. DUH!
How cool, I was listening to this video in the background and what a surprise to hear my name and shout out from out of nowhere. Project on track, can't wait to see the final result.
Hey jim and ricky or whoever is reading this. I need your 1 minute please! just 1 minute please read this comment. I really wish to buy your course and I am very serious about it, but i can't afford it. I am failing over and over and over, would please let me in your course for first time. And then I will be paying for all courses after the first one. I will even pay the first one as well but a little bit late. I really don't have any source of income, I am 21, married with a child with nothing to do. And I am not in a country with a good economy. Please sir I beg for this. My time is really hard please I beg you jim I beg you ricky. Please help me in my hard time I will really do hard to get something through blogging. I swear God my eyes are literally having tears right now. Its my hard time please I beg. If someone else is reading please tell them about me once please. I will post this comment multiple times to get your attention. Thank you & God bless
Can you share more about where to sell website?
Glad I found your channel, good info! How would you value an online business that does dropshipping? Obviously a lot more involved affiliate links
I had my headphones in when those bugs came. My heart almost stopped
Hello, sorry for the dumb Q, newbie here- when you say earnings, you are including affiliates, courses, ads everything? Love your channel xx
Income school, if you’re building a brokerage for buying and selling blogs/websites please make sure you verify the income from those sights. If there is one thing that sucks from buying a website from my perspective its getting burned on the actual income of those supposed income producing assets.
I wont name drop some of the other less than reputable brokerages out there but please don’t market and sell websites that are lying about the income.
Do a video on how GPT-3 is going to affect your industry.
It would be goo to know where and how to buy websites without fear or being scammed and how to do proper due diligence.
Ricky, jim may be you forget the video about seo clean strategy 2021.
Make full video about seo 2021 🤔
How are you supposed to anticipate a decline??
The production value has gotten so good
Hi guys! Maybe somebody can help me with one question, haven’t seen the answer so far. So, obviously we need unique content for our articles, copy and paste text will be badly determined by google. But what about text from one site. For example I need to write description about one thing in few different articles. Is it healthy to put the same text in this case?
Wooohooo! This is so exciting development for Content Warriors! Income School is the reason why I was able to quit my job. 🥳🥳🥳
Hi! This is "Zao Her" Thanks for the Video. That was really benefits for a newbies, and new learning like me I am really looking for something like you just teach me in this Video. Thank you so much.
I'm in the market to buy one 😁 email me
If I’m earning over 3k per month from my blog but it’s mainly from social media traffic is that vaule anything ? I do get organic traffic but not as much
New problem: My site now is evaluated at $570K by Empire Flipper, but my life style and purpose is now solidified around this nich website so far. Selling it almost made me feel like leaving the military for the 2nd time, and people I met in the industry will no longer have reasons to contact me anymore after owner change. It reminds me of transition out of the military without knowing what to do next with my life. How should I approach this problem? Glad that $ isnt gonna be a problem this time.
I'd like to sell my blog… Would you be interested?
Please Help me. Can you make a video my issue. I own a Shopify website and have been blogging on it. I was told recently that Google SEO doesn’t rank Shopify blogs very good. Am I wasting my time blogging on Shopify? Thank you. Love your channel God Bless
A Blog website is the best investment ever !
i heard in headphones
Hi Jim! Does this relate also to YouTube channels the ratios? Thanks
I doubt anyone is making any money blog, unless they're selling content, earning on youtube while telling others to blog. How I know this? Donald Trump is the most famous person in the world and people wouldn't even read his blog. Blogging has been dead for a long time.
Income School acquiring Indian audience site or only US?
Love the idea of the custom engraved plaque for Full Timers! It's like the P24 equivalent to the YouTube play button. Sign me up!😆👍Maybe add plaques for the other milestones as well?
For anyone looking for motivation or inspiration listen to Jim's book, Work Energy, its brilliant 👌
I'm unsure if this makes your project 24 look good though? I mean if your sites are earning, why not just keep them? I could understand selling one or two for a burst of income towards some other investment, but it makes it look like the sites are not really going to be worth it long term, or is it a matter of everyone has one or two main sites "pet babies" that they stick with and they are selling off their fails? I enjoy your work, love it all, great natural speaker and you've hit the sweet spot between public speaking and technical know how, well done.
Too bad my site is my long term financial vehicle.
Great Info, Thanks. One question – What would be the multiples for a site earning $5K per month, but doesnt have any authority (for ex: DR<10)?
I love you guys, your videos are something which I look forward to watch every single week. Thanks for amazing content. 🥰🥰
Great overview Jim! The State of the Industry Report 2021 from Empire Flippers gives a great perspective of their 2020 sales data and worth the 2-hour read. Looking forward to seeing your new marketplace go live 👍
How do I add ads In middle of a post
Great info thanks
How can it be depersonalized, considering that Income School teaches creating a youtube channel etc.?
7:21 lol i am shaking my head to put the bee as its in my room, who else is st*pd here? 😀
Jim looking tan!
Hello Jim …what about sites that just have some posts but has not started earning, for example about 20 posts, how much would that sell for…
To be honest, I would never sell my site, no matter the earnings. I mean If you are making 500$ per month and It's consistent, why should I? Maybe I can buy a nice car. But Imo a steady passive income Is so much better in the long run
What do you think about converting your blog into an NFT and selling fractional ownership interests in it? The NFT will essentially be a shareholder register for micro investors. So instead of finding one buyer to pay 60x of your monthly earnings, you can have some liquidity and retain some ownership while others also gain some ownership interest in your monthly income from the site. Fractional ownership is a developing business model. There might be some securities rules that will need to be addressed.
Is there.value on paid traffic for a valuation or is only seo considered?
I was literally just thinking about selling a site last night!
Good day sir, does creating blog content get affected based on ur country. Example am in Africa, can I target US visitors without any VPN use. Thank You in advance
Income school is the only Channel that I rarely see getting trolled. Everyone only has good stuff to say. Just shows how genuine project 24 is.
Very helpful information. Along with decent presentation with gentle approach. Thanks for the info. And good luck to your new upcoming initiative.