4
1 Comment

Buying existing websites?

Wondering if anyone has had experience purchasing existing websites, growing, monetizing, etc / and would like to share.

on June 11, 2020
  1. 2

    Would love to hear about this as well!

    Only advice I remember is: Make sure it's something where it looks like you could immediately improve it to get revenue faster. Like if you can make it more usable, a little bit prettier, or leverage marketing or dev knowledge quickly.

    But I know there's a ton of other issues, like:

    • Is this being sold because it's on its way out of fashion/usefulness?
    • Is the code so old, you're going to have to do a significant rewrite to make minor changes?
    • How much time does it take to maintain and support?
    • Lots of hidden issues relating to social media, costs, ads, etc.
    • Is the seller being honest and transparent?