Sunday, October 2, 2022

Website flipping: How I made $178,000 in a year selling one site - Business Insider

Last updated Tuesday, September 20, 2022 10:11 ET , Source: NewsService

  • Rob Boirun has been making websites and writing content for them as a hobby since 2002.
  • Boirun began seriously monetizing his content in 2019 and sold one of his hobby sites in 2020.
  • He now buys and flips websites from platforms like Flippa, netting up to $178,000 per flip.

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This as-told-to essay is based on a conversation with Rob Boirun, a 50-year-old website flipper and the CEO of PopNet Media LLC, from Huntsville, Alabama. It has been edited for length and clarity.

I have a lone-wolf personality; I don't want to manage a team like other business owners. So in 2019, when my website-hosting and VPN businesses had grown to the point where I could no longer manage them alone, I knew it was time to sell.

I've always operated information-based websites for fun and to give me a place to write about the things I find interesting.

Money wasn't my motivator, but I was monetizing them

Once I sold those businesses, I realized I needed a new source of consistent monthly income. That's when I focused on running my hobby sites as a business instead of just a casual side gig.

I've maintained a handful of sites over the years in various stages. I've owned beginner sites that had 10 to 20 posts, more established sites...

Read Full Story: https://www.businessinsider.com/website-flipping-how-to-make-money-building-buying-website-2022-9

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