Quote: (07-03-2012 11:23 AM)BostonBMW Wrote:
I was recently checking out: https://flippa.com/ and noticed a lot of websites for sale. Some had revenue (sales leads? advertising?) and I wanted to see if any forum members had recommendations for books/magazines/websites that could provide a credible breakdown of how people are making money online?
I have a couple of concepts that I want to be bring to the web, however I wanted to see if anyone can direct me to some good resources that can provide a decent overview.
This one was decent
http://www.amazon.com/Hour-Work-Week-Blu...blueprints
It's a short book and I read it in about 30 minutes. The author goes to auction sites, looks @ the pro-forma information, verifies what the can by contacting the seller, and then breaks down how to reverse engineer the business.
Don't let the four hour work week name fool you. It has very little to do with that process.
Just as a preview, about 5 of the 27 businesses sell physical products. I don't think any of those 5 are actual manufacturers. They are probably drop shippers.
The rest of them
1) provide content (news, pictures, flash games) to browsers and make money by selling advertising via Google Sense
2) sell intellectual content to browsers (e-books, software, plug ins, memberships)
3) affiliate sites for physical and intellectual property
As far as I could tell none of them were, "coaching" and other shady/service businesses.
I think there is still a huge market for teaching people how to make money online be it e-bay, craig's list, offline stuff, coding, freelancing, writing, marketing, so on and so forth.
I think the best way to do it is like Gary Vaynerchuck - dude sold a lot of Wine online and figured out generalized way that you could do it for everything else.
You have to make money doing something legitimate, in order to make money off the method. It's real hard to put credibility in a guru who makes most of their money selling people stuff on how to get rich.
But if you build a successful factory, restaurant, brick and mortar store - the whole thing becomes more tangible for your perspective customer.
WIA