What Are the Key Steps to Successfully Buy, Build, and Flip Websites? – Fastlane Founders Clips
In this video, CEO of eBusiness Institute and Website Investor, Matt Raad shares the key steps to successfully buy, build, and flip websites. He emphasizes the importance of due diligence, starting small, and building digital skills. He explains how website investing can evolve from a side hustle into achieving the ultimate goal of a multimillion-dollar exit. Watch the full episode to discover how to successfully execute a “double exit” – selling both your business and transitioning your personal brand without losing value.
What you’ll learn:
00:00 Matt Raad and Jason Barnard
00:01 What Does It Mean to Flip a Website?
00:06 How Long Does It Take To Transform a Website Into a Profitable Exit Opportunity?
00:21 What Does eBusiness Institute Do?
00:33 Who are the Ideal Professionals Seeking to Transition Into Digital Entrepreneurship?
00:41 How Do Professionals Learn to Build Profitable Digital Assets While Keeping Their Jobs?
01:07 How Long Has eBusiness Institute Guided Professionals Toward Digital Entrepreneurship?
“This clip is taken from Fastlane Founders and Legacy with Jason Barnard.”
https://www.youtube.com/watch?v=9hkrffVZ0N4
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Transcript from What Are the Key Steps to Successfully Buy, Build, and Flip Websites? – Fastlane Founders Clips
Jason Barnard: Flipping a website means selling it onto somebody else. Who do they generally sell the website to and how do they build it up?
Matt Raad: Well, it takes time. Flipping makes it sound really quick. And I’m sorry, for any listeners, I know you want to hear the magic stories of. And we do have plenty of stories of people that have bought them and flipped them. But what you’re right, Jason. What our passion is is teaching people how to buy websites effectively, do really good due diligence, and ideally get out of their nine to five or typically these days it’s five to nine. We typically work with high performance people, professionals earning a lot of money, so that journey takes a little bit longer to replace their income.
And we teach them digital skills. We love SEO, even though SEO’s changed dramatically. And what the journey looks like is we get them basic skills first and then we get them started to buying small little sites so there’s no risk they can still keep their daytime jobs. And they do it as basically, it’s a very American sound term, but it’s really effective. Do it as a side hustle. And we found that that worked really well.
We’ve been doing this for now, teaching people for 15 years. Fifteen years we’ve been teaching people and we love it, absolutely love it. And we’ve got amazing clients and but a lot of our clients do have what we call the BHAG, the multimillion dollar big hairy audacious goal, the multimillion dollar exit.
