What path or course of actions would you recommend to someone who wants to make a living investing in websites but doesn't have the capital to buy into 10K+ sites immediately? By investing in websites I mean growing a portfolio of profitable diversified websites.
I am currently bootstrapping my first large content site. The money is slowing starting to trickle in from a combination of amazon, lead gen, and other programs. I plan to grow it to $4k-5k and month and then sell to buy a couple to a few smaller sites that are already making money and then grow them. Rinse. Repeat.
Am I on the right track and do you have any suggestions to speed up progress?
While building my own site has allowed me to start with just a few hundred dollars of monetary investment, it's a painfully slow process of finally getting traffic and earning a sizable profit. It would seem to me that buying established sites and growing them could provide a more efficient return on both monetary and time investment. Also, as I stated, I want to be in the business of diversified website investing, not simply be an affiliate marketer.
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What path or course of actions would you recommend to someone who wants to make a living investing in websites but doesn't have the capital to buy into 10K+ sites immediately? By investing in websites I mean growing a portfolio of profitable diversified websites.
I am currently bootstrapping my first large content site. The money is slowing starting to trickle in from a combination of amazon, lead gen, and other programs. I plan to grow it to $4k-5k and month and then sell to buy a couple to a few smaller sites that are already making money and then grow them. Rinse. Repeat.
Am I on the right track and do you have any suggestions to speed up progress?
While building my own site has allowed me to start with just a few hundred dollars of monetary investment, it's a painfully slow process of finally getting traffic and earning a sizable profit. It would seem to me that buying established sites and growing them could provide a more efficient return on both monetary and time investment. Also, as I stated, I want to be in the business of diversified website investing, not simply be an affiliate marketer.
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