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Monthly Archives: February 2017

Freedom Flipping Podcast Ep 4 – Jaryd Krause of BuyingOnlineBusinesses.com

On this show I speak with Jaryd Krause from buyingonlinebusinesses.com about how to start out building a portfolio of online businesses and when to hold and when to exit.

We touch on the insane returns you can get vs returning in traditional asset classes such as property even though the multiples are still low.

Maybe people don’t realize how valuable their businesses are when selling?

We also touch on how to start building your team and the benefits of buying in an existing team and processes.

Then at the end I ask if you were to completely cash out of online business, where would you put your money.

Jaryd gives such great advice and I recommend you check out his webinar.

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Freedom Flipping Podcast Ep 3 – Craig Hewitt of PodcastMotor.com

On this show I speak with Craig Hewitt from podcastmotor.com the Podcast Editing and Production Services for Self Funded Businesses.
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Mentioned in the episode
Big Snow Tiny Conf Europe https://bigsnowtinyconfeurope.com/
Launch In A Week Podcast Course https://www.podcastmotor.com/launch/
Simon Payne from convertplayer.com
17m – Should we cash out? Talk about how to exit from our businesses and how we should invest that money going forward. Is it better to build up a diversified portfolio of online assets or exit and invest that in traditional markets to deliver true passive income that doesn’t require our attention?
28m – [ctt template=”3″ link=”4z65C” via=”no” ]”Everyone is going to exit their business” by @thecraighewitt[/ctt]
31m – How service businesses are not really that sellable however WP Curve https://wpcurve.com/ sold to Godaddy. With funnelengine.com could it be sold to clickfunnels or leadpages in terms of a strategic purchase?
33m – how sites are valued, mentioned the first episode with Justin Cooke of empireflippers.com mentioned on the first episode.
Reach out to Craig on twitter at https://twitter.com/TheCraigHewitt or find him on his personal site at http://www.craighewitt.me/
Ps my bribe to leave a rating & review on iTunes is a free 15 minute sales funnel strategy call which I normally do on clarity.fm https://clarity.fm/richardpatey

Flipping Websites Podcast Episode 2

Welcome to the 2nd episode of the Freedom Flipping Podcast where we’re about building and selling online businesses to achieve financial freedom. 
This is a solo episode aka Pateycast ha.
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Launched

  • Going through the process of listing one of my authority sites on empireflippers.com
  • Created an actual homepage built in leadpages (click to find out why I trust leadpages) rather than just a blog index (which did look nice but was terrible for user journey / conversions).
  • Created a new sign up offer on the homepage for free access to the Bootstrappers Vault – best content and strategies for bootstrapping your freelance, productized service or authority site. 77 people have already joined up and if you’re not one of them yet here’s the link (it’s free).
  • Changed the name and doubling down on the Bootstrapping Entrepreneurs facebook group – aiming to get this to 1000 members asap.
  • Installed Drift for live chat on my site – engagement helps build a community and figure out what to write about next, plus improves time on site which helps with rankings.

Income

Published

Joined

  • Became a member of the new Entrepreneurs Alliance private community and have learned a lot from how they’ve gone from $0 to $10k/m MRR in less than 3 months from a facebook ads funnel. This is a membership site offering that is operating like a SaaS but without the support tickets, love it!
Next steps
  • Cut down on my software subscriptions – over $700/m
  • Do more content outreach i.e. link building to boost authority of my authority sites
  • Stick to my job title and calendar