357: Buy and Grow Online Properties with the Website Investor with Jeff Hunt

Jeff Hunt, The Website Investor, makes his living online buying and growing online businesses. He has purchased over 300 income producing websites since his first buy 10 years ago. Jeff is the author of "The Website Investor", a guide to building passive income buying revenue generating websites.

In our episode today, Jeff details his early failures with buying and holding websites, what went right and what went wrong, as well as the system he's developed since then to hit the ground running by buying money-making websites.

Quotes:                                                                                                                                   

“If you do a little bit of homework and get another set of eyes on things, you can come away with some sites that can really have consistent earnings from the very, very beginning.'” – Jeff Hunt

“Businesses—even if it's just a website—are still businesses. If you think through it one step at a time, you can uncover a lot of that stuff.” – Jeff Hunt

“Don't necessarily look for anything that's rapidly skyrocketing with a steep upward curve, because things that go up quickly tend to come down quickly.” – Jeff Hunt

Takeaways:

04:40 When buying websites, cross-reference multiple data sources to verify the site's true performance and potential.

11:20 Stability and consistent performance matter more than rapid, unpredictable growth when investing in online properties.

17:50 Look for websites with established business systems that can be learned and potentially improved upon.

22:30 Successful website investing requires upfront work to optimize and streamline the site before making it truly passive.

25:37 Strategic website investing is about making smart moves - buying, improving, and potentially selling to maximize returns.

Resources

Podcast: Play in new window | Download (Duration: 30:02 — 27.5MB) | Embed

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Filed in: Archive 2: 2017 • Interview • Podcast • Website Creation

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