If you can perform a high-value, labor-intensive task in a short period of time, you can take the afternoon off and continue to earn money. It means that you can disconnect your time investment from your income. And even then it only applies to a site that is in maintenance mode.īuying an online business doesn’t mean you’ll be earning money by not doing anything. ‘Semi-passive’ is more accurate in this context. When buying websites for income, you need to know that there’s a lot of work involved after the sale.įor this reason, I cringe when the words ‘passive income’ and ‘websites’ are used in the same sentence. If you’re doing the work, it’s not passive. So for example, if you have a rental property, a management company does the work and you simply get paid.īut if you’re fixing pipes, doing renovations, and chasing payments every week, that’s not passive income, it’s a job. Passive income requires minimal labor to earn and maintain.īut more specifically it’s the income generated through these sources when little to no time is spent in earning it. Buying Websites That Generate Passive Income.✔️‘Emergencies’ Aren’t Really Emergencies.✔️Overheads Are Limited, and Talent Is Everywhere.The Truth About Passive Income Websites.❌ Websites Are Cheap, So the Risk Is Low.
❌ Your Website Will Always Earn Something.❌ You Will Always Get Traffic to Your Website.❌ Established Websites Don’t Need a Lot of Maintenance.❌Once Established, Websites Are Forever.Common Misconceptions About Buying Sites for Income.By the end of this article, you’ll have a balanced view of this landscape. If you’re thinking about buying an established website for income, this post is for you. But there are some realities to this game that you need to understand before taking the leap.
What these people probably didn’t realize is that when you’re building from scratch, buying websites to flip for a profit, or acquiring them for cash flow, somebody is going to have do the work.Īfter writing about investing in websites, many keen buyers with zero experience in operating websites reached out to me, asking whether it was possible to simply collect a passive income check each month without having to do much. Needless to say, a lot of people blindly bought into this. It’s a great way to earn income that isn’t directly tied to the hours you put in, but only if you know what you’re doing.Īt some point in the past, the industry that facilitates the sale of websites cooked up a story that is far from true - that websites are a passive income investment. Buying an established website is a lucrative investment.
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