Category Archives for Making Money

How to Know When You Should Sell Your Website or Blog

How to Know When to Sell Your Website or Blog

By far the most profitable days of my career have been the days when I sold websites. I’ve sold several different sites since my first sale in 2010, and these lump sums are always exciting.

Selling a website or blog can be a great way to improve your financial situation, but selling at the right time is extremely important. You don’t want to sell too early and miss out on the chance to make even more money. And you also don’t want to hold on to the site too long and watch the value decline.

I’ve had a few friends over the years that sold sites for 10-25% of what they could have sold it for just a couple of years earlier. Ouch. I don’t want that to happen to me, so I’m always watching out for signs that it might be nearing the time to sell a website.

Selling your website is a personal decision. Factors related to your family and career will impact the decision, so you can’t take anyone’s advice (including mine) without putting it into the context of your own situation. This article is intended to be a guide to get you thinking, but not to tell you what is best for you, because only you know the details of your own situation.

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Pros and Cons of Selling a Website or Blog

The Pros and Cons of Selling a Website or Blog

If you’ve read my article How I’ve Made Over $1 Million Blogging you know that selling websites and blogs has been a major part of my business over the past 10 years. While I’ve made a pretty decent income from managing my own sites and blogs, it’s the lump sums that I’ve made from selling some of those digital properties that has been life changing for me and my family.

I’m not saying I can kick back and never work again, because that’s not the case at all… I work long hours every week. But selling websites has allowed my wife and I to load up on our retirement savings so we’ll hopefully be able to retire a little early, plus we’re able to live mortgage free.

Over the years the topics related to my experience with selling websites and blogs have always seemed to be intriguing to a lot of other bloggers. If you’ve never bought or sold a website before it can be a little overwhelming to think about the process of actually selling your own blog. But at the same time it can be really exciting to think about how much money you might be able to get for it!

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How I've Made Over $1 Million Blogging

How I’ve Made Over $1 Million Blogging

Is it possible to make real money as a blogger?

If you’re looking to make some extra money aside from your full-time job, or if you’re interested in making a full-time income working online working from home, blogging may seem like a dream come true.

Or… it could seem like a hyped-up fantasy that’s not really possible.

I’ve been working online since 2007, and full-time since 2008. Over the past decade I’ve made more than $1 million thanks to my blogs. After working as a blogger for so long I can tell you that it is possible to make a good income with a blog. But the truth is, building a successful blog takes a lot of work and takes some patience. The same can be said about any type of business. No business is easy or else we would all be doing it.

In this article I want to talk about a few things that have been key in allowing me to make money with blogs.

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Side Hustles

Side Hustles: 125+ Ways to Make Money in Your Spare Time

Securing your financial future is all about taking small, but important, steps. Things like creating a budget, reducing unnecessary expenses, and saving a higher percentage of your income are not really hard to do, but they do require you to take the initiative to make it happen.

Regardless of how well you manage your money, it never hurts to make more. The best way to reach your financial goals is to effectively manage what you already have, and to increase your income so you can save and invest more.

If you’re looking to make more money you could try to get a raise at your full-time job or work overtime, if it’s available. But maybe that’s not very appealing to you. In addition to being a source of extra money, a side hustle can be a lot of fun, and in some cases can turn into something much bigger.

Not only that, but side hustles are flexible, and there’s something for everyone. If you have a full-time job you can find ways to make money in your spare time. If you’re a stay-at-home parent and looking to supplement your spouse’s income, there are plenty of things that you can do as well.

This article is a collection of more than 100 possible side hustles. It’s quite an exhaustive list, so you may want to bookmark this page for future reference.

Regardless of your schedule, skills, and stage of life, there are definitely some possibilities here. Take some time to read through the list, find the ones that interest you the most, and take action.

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11 Reasons Why Blogging is My Favorite Side Hustle

Many people today want to make some money on the side. This could be a part-time job or business on top of your full-time job.

Or maybe you’re a stay-at-home parent and you want to make a little something to help out with covering the necessary expenses.

In any situation, a side hustle is a great way to improve your financial situation and give yourself the possibility of paying down debt, saving more money, or simply making ends meet.

There are tons of possibilities when it comes to side hustles, but not all of them offer the same potential. While there are several side hustles that I really like and often recommend to others, my favorite side hustle is definitely blogging.

Back in 2007 I started blogging as a side hustle, and in 2008 it turned into a full-time business. For the past decade I’ve been able to work from home and earn a nice income.

In this article I’d like to share 11 reasons why blogging is a great opportunity if you’re looking to make some money on the side, and to have the opportunity to turn it into something bigger in the future.

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