Posted by Online Entrepreneur on July 9, 2011 ·
I have made several mistakes when buying websites – learn from my mistakes so that you don’t have to go through a lot of trouble in fixing and clearing things up.
When you buy websites, you (should) always check for things you should be getting; is the seller delivering what he promised?
That being said, I have made some mistakes in doing my due diligence. One of the biggest issues I’ve [...]
Posted by Online Entrepreneur on August 25, 2010 ·
You are always exposed to a higher risk of getting scammed buying and selling websites on Webmaster Forums, such as DigitalPoint Forums, but when it comes to Flippa, I (and many of us) expect the risks to be significantly lower.
But still, there is a scam or two occurs on Flippa. I understand that Flippa is doing its best to curb scammy listings and biddings, but scams happen regardless – and [...]
Posted by Online Entrepreneur on July 23, 2010 ·
In buying a website, I follow a super-simple principle: I am willing to pay (much) lower than the site value. Let’s say I try to implement Warren Buffett’s ways of investing – discover the intrinsic value of a business, and pay for it accordingly, not considering how much the market think the business worth.
Now, the problem with website value is the unknowns. Website valuation [...]
Posted by Online Entrepreneur on July 12, 2010 ·
Scammers are everywhere, especially on the Internet. In your webpreneurship journey, expect to get scammed once in a while – it’s a learning process. Learn from my experience – here are some tips the help you spot one or two when you buy or sell websites.
I was bitter. I was tricked a couple of times buying junk websites. To say the least, those junk sites are collecting dust [...]