Description

If you’re just starting out, you might have asked yourself the question, “Am I better off building or buying sites?”

It’s a fair question – one we attempt to help you answer in this podcast episode.

We look at some of the advantages and disadvantages of each approach and break down the Money-Time spectrum to see which might be a better fit for your situation.

While we can’t answer the question for you, we hope these insights will help you make a more informed decision on building up your online portfolio.

If you’re liking this show and want to give us some love, make sure to stop by iTunes and leave us a review! That’s the best way to support the show and helps us spread the word.

What You’ll Learn From This Episode:

• Required Skillsets For Buying A Site?

1. Internet savvy + Google-Fu search skills

2. Buying and setting up domains, hosting, WordPress

3. Intermediate skill in at least one (more is better) traffic channel

4. Basic understanding of the different monetization methods and ups/downs of each

5. Intermediate understanding of at least one platform you’ll be primarily using

• The Website Buying Spectrum

1. Point 1: No money, lots of time

2. Point 2: Some money, good amount of time

3. Point 3: Good money, some amount of time

4. Point 4: Lots of money, no time

Featured On The Show:

• Empire Flippers

• Michael Henman @ Return on Conversion

• Pat Flynn @ Smart Passive Income

• Spencer Haws @ Niche Pursuit

• Dominic Wells @ Human Proof Designs

• Anton Kraly @ Dropship Lifestyle

• Jon Haver @ Authority Website Income

• Tung Tran @ Cloud Living

• Ace Chapman

• Tropical MBA