Hey Prosperly fans. Im happy to report that I recently sold another website. And as normally happens, the buyer emailed me out of the blue. It was good timing because I was hoping someone would contact me about that site. I realize that the reason I do so well with this business model of buying and selling automated websites for profit is that I get to work on new websites all the time.
If I was stuck only working on one business I would get bored really quickly. Now having said that I wouldn’t suggest that you start new websites until your current site is making money on auto-pilot. Don’t move onto the next project until you have a good handle on the first.
The site I sold was in the home category and I sold it for just over $50k. This was an 18 month multiple. Now I know that I have had bigger transactions happen but $50k is still $50k and when everyone is talking about how bad the economy is I think it just goes to show that if you do things right you will still make really good money. I have to say there is nothing like having a large sum of money like that show up in your bank account. It really is a good feeling.