- Joined
- Apr 17, 2014
- Messages
- 1,039
Rep Bank
$3,555
$3,555
User Power: 496%
No I meant and. They buy a site for 100k (yes that’s how much they spend on buying the site) Then they build one from scratch as well. The one they build is in the same vertical as the one bought so that way they can send traffic to each other (for example if the bought site is a wine site the built site might be on vineyards)Did you mean "or" build one? Are you saying that you got 2 websites for $100k?
When you sell the website is the profit split 50/50 also?
If you were to listed your site(s) on the market now, would you be able to list them both for a sum of $100k?
If they bought a site for you, you should be able to list it for $100k the next day.
If they built a site for you, how long until the website is worth $100k?
I'm willing to bet that the reason they say also build one is to keep the value of your investment ambiguous so that you can't clearly define the value of the site that they bought. If I buy and build you a site, I can say that I bought you a site worth $25k and will build you a site worth $75k from scratch.
Both sites you 100% own and can sell whenever you choose. Yes you could turn and sell the site they bought immediately and recoup your 100k. The built site is essentially worthless until it actually has income/visitors.
On the sale of the site you split the proceeds 50/50 over the original buy price. So if my site is worth 200k when I go to sell I get 150k (original 100+50 profit) and they get 50k of the sale price.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today