Manage episode 296908494 series 32869
Back in 2018, a business partner and I invested together in a niche website.
I had not long sold my Amazon FBA business and wanted to invest some of that money into another online business. We decided to try and find an off-market deal rather than going through a broker.
My partner and I started by looking around in private Facebook groups dedicated to website owners. We would simply ask if there was anyone looking to sell. After a lot of back and forth with various potential sellers, we found the site we would ultimately buy - a mom blog!
Most of the content was on crafting, cooking, and parenting, and I thought there was a lot of room for growth. You can read more about the process and our initial plans here.
In this week's podcast, I want to update you on:
- how much we bought the mom blog for
- the ups and downs that we've had over the past 3 years
- and where the website is today
I'll also share with you the sources of income and what it was making when we bought it, and how much it was expected to make in June 2021.