The Proverbial Money Tree - Your Blog and You

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Imagine for a minute your blog could be or do anything you wanted. What kind of result would you desire. If it could make you a millionaire or be a bringing of passive income for generations what would your ideal business bring?


Do you understand money or does the concept of empty pockets just scare you enough to want more in life than a Just Over Broke JOB?


Money is a thing that can have a finite quantity like 1 Million Dollars, an immediate gratification like a JOB sometimes called an Active Income, or in the passive state, your investments of now can pay you for years to come. In the realm of blogging your goal can be 2 fold, to build riches or build wealth and may even build both.

The other day I was in one of the Premium Plus classes which was teaching about the power of flipping domains, and microsites. In it, we were told about aging and content seeding concepts that could double or more your sale price in a year's time. The concept is simple, by building in more residual income to each site you flip if that is your choice you can increase the funds received in the now. A well-established site could even lead to a payday of $1,000,000 or more.


Imagine a Million Dollar Single Sale. In most places that instantly qualifies you as RICH.

The problem is a Million Dollar site could have $20,000 or more in monthly passive income coming in or around 1/4 of the sale price per year. By continuing to work the site it is sure to grow and over a 10 year period could generate you 3 million or more. Enough to be rich just about anywhere in the world.

I have seen several of my Wealthy Affiliate friends in the past 7+ years who earned as much as $48,000 selling a site that was under 2 years old. While not for these sums I have personally flipped a few sites for a few thousand dollars in my 17 years of online business as well. The problem is a lump sum of money spends through very easily.

When I would sell a site I was typically needing funds again in a few months to a year.

When I was a site owner or active blogger my income was sometimes low and currently is much lower than I desire but to reach the goals I need Income, not Riches. Income, in a passive state, is known as wealth. By not selling a blog I can have Money Today, and Money Tomorrow.

My personal portfolio of domains though includes several I am aging for Domain Flips.

I think we all need shots of investment collateral or a cash influx to do things like place a down payment on a home or buy a better and newer car. I have however decided that my short-term needs are not a big batch of money now but instead to get my passive income... My wealth journey is well underway before I start those flips happening.

By building a steady stream of earnings I can have security and begin building a passive wealth despite a slower start. In the long term, my family deserves the things a well-planned financial situation brings. They will need things like homes and cars, and business seed money but they will need security that comes from wealth far more than the ability to spend through $1,000,000 or even 3 million.

Which side of the court are you looking forward to? Do you want to be rich, build passive income, or maybe try my hybrid goal and work towards a balance? Leave your comments below.

Andy Zeus Anderson

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Recent Comments

14

I am all for diversifying Andy and this sounds like another excellent goal.
Will have to consider this, thank you.

Excellent well of information Andy & so useful. Thank you for the Share!

Great read Andy and an interesting take.

I'm with you on your hybrid goal there, it just depends what life throws our way at any given time.

Sometimes, assets need to be sold if we are in need of a bit of quick cash, even if we know they will be worth more in the future.

But I am all for investing in what we have now, in order to benefit from a constant passive income for ourselves, and then our loved ones in the future.

Have a fantastic day my friend!

That's a great reasoning for what I do. Every tax season we get a sizable return so I spend a couple hundred on new domains to later develop pr flip. Right now I have I believe 9 such project/flip domains plus my working blogs. If I need to release something for funds I can build up a minisite instead of touching my flagship.

Love the strategy Andy!

That is something I would definitely be interested in doing once I become a little more knowledgeable in the online business world!

Just think I could have started the whole domain aging thing 5 years earlier. Man, I hate the rope a dope BLOGGER IS AND HOW THEY OWN YOUR CONTENT NOT YOU. Now you are in the right place to stack up killer skills and make serie=ous income in so many ways.

Andy,
You've stirred my excitement and creative juices once again

I am so excited about doing this . It us now written in my medium planning
Thank you

Awesome, let me know what you do with these ideas. I have so many in my head it is sometimes a good idea to brainstorm with others to find a solid direction.

I will definitely do so
Website flipping sound really cool
Thinking at least how to go about buying s domain and have it SEO optimized and then go from there

What do you think?
What else will be involved?

The big secret in flips is the amount of seasoning and aging. In the course, I viewed a site with moderate age of 12-18 months and at least 30-50 pages of optimized content can flip for a couple of grand just when a shot of cash is needed, same site another year and 100+ articles of value is worth up to 10 times that. Some people make this their entire journey and do very well flipping 4-5 sites a year.

Wow!
Seems as if I have a lot to read up on

Struck me like a thunderbolt Mr Zeus. Honestly, good reading, thanks for the motivation. All this stuff keeps me going. It’s sort of like, are you in it for the short term or the long term.

Definitely. It's like the penny doubled daily experiment. Sometimes less now is worth waiting for.

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