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If you are looking to move beyond affiliate commissions, Adsense
cheques and info products, then you need to take a look at this . . .
If I Could Show You How To Buy A Chunk Of Prime Manhattan Real
Estate At 1970's Prices . . . Give It
A Coat Of Paint . . .Then Sell It At Todays
Market Price, Would You Be Interested?
Of course, I haven't got a time machine - and this has nothing
whasover to do with
"Bricks 'n Mortar property" - but this technique is the next best thing
. . . the classic example of the oldest business principle of all time -
Buy Low, Sell High.
And
it's a strategy that a few select entrepreneurs are quietly using
to amass vast fortunes online . . . and with it respect. What's more,
it's Childs play when you know the exact blueprint . . . which I am
about to reveal to you.
Dear Internet Entrepreneur,
Let me explain . . .
In February 2004 a 19 year old Harvard student set up a web site for the
university’s students to keep in touch with each other. It caught on
amongst the students, and very soon it expanded to allow other Ivy
league students to do the same. Now anyone can join for free , post
their details and keep in touch with friends online.
In October 2007 he sold a measly 1.6% of his website to Microsoft for
$240 million, valuing the
entire site at $15 Billion. That kid was Mark Zuckerberg,
the site is Facebook.
Backtrack to July 2000, and London couple Julie & Steve Pankhurst
launched Friendsreunited.com out of curiosity to see what their old
school friends were up to. In 2005 they sold the site to UK broadcaster
ITV for $240m.
In February 2005 Steve Chen & Chad Hurley launched YouTube. Just 18
months later they sold it to
Google $1.65 Billion.
In May 2007, Ebay paid $75
Million for web site discovery service Stumbleupon.com
And just recently, Michael & Xochi Birch
pocketted a cool $600m
for their share of Bebo - selling 70% of it to AOL .
And this is just the tip of the iceberg!
But here's the thing . . . further down the line, there are still
new millionaires created
almost daily from the sale of hot web “properties”.
Take British student Kieran O’Neill.
He set up video sharing website Holylemon.com ( a more basic version of
YouTube) to show off his animated video clips to friends and family. In
June 2007, Kieran sold the
site for $1.25 Million to Handheld Entertainments of San
Francisco. All for a site he set up merely to show stuff off to his
friends while
My
point is this :
But
just think about this for a moment . . .
For each and every Facebook or YouTube "Mega Deal", there are many
hundreds more sites sold for anything between $1m, $5m , $10m or more.
And for each one of those sites ,
thousands more sites with good ideas
are put up for sale for a fraction of what they are worth.
And guess what?
These are sites where all the hard work has been done. Ideas have
been thought of, mapped out and evolved. The back breaking development
work has been done. The site has been launched. And for one of many
reasons (which we’ll go into later) the site is sold for a fraction of
it’s potential value.
In
most cases, all these sites need is a makeover and a few tweaks to
make potential buyers fall
over themselves to throw cash at you for it!
It’s like Real Estate Flipping. Buy low, renovate and sell for massive
profits.
Buy undervalued websites – web properties – from people who’ve had a
good idea but for whatever reason want to sell up, renovate it and then
“flip” it for huge profits.
here's the thing.
We are talking returns on
investment of 10, 20 - sometimes 100 times what you paid for it!
Why
Microsoft's bid for Yahoo could be money in your pocket!
Microsoft's recent takeover bid for Yahoo has alerted the "players" to
one amazing fact:
Online advertising revenues are forecast to almost double over the next
couple of years to a whopping $80 Billion.
That's
why Microsoft wants to get it's hands on Yahoo . . .to attempt to close
the gap on Google and grab some of this massive ad revenue!
What does this mean for the rest of us?
Well , through ad networks such as Adsense (and MSN/Yahoo's equivalent),
website owners will be in pole position to earn fantastically well out
of this online advertising boom, as big companies abandon costly TV ads
and rush online to targetted advertising.
The
upshot:
Over the next couple of years,
Internet Real Estate will become even
more valuable. Heck, one easy strategy is to just buy up
low cost niche sites with traffic and slap advertising on them!
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