Its all relative to what you need, I was in Sales (Corp 401k and Pension) right out of college and made a 200k a in the early 90’s with consistency then had years where I made 1m in my early 30’s. However I hated it. I was smart and banked it in the lucrative Boston Real Estate market and in my late 30’s left sales and took a more boring desk job with less travel and more time for my kids. I made about 100k +/- a year for but put together a nice traditional pension. In my early 50’s, after my kids graduated college (Yes I did pay) I finally took my graduate degree (Masters in Urban Planning) and put it to work as a planner in a suburban town, where my staring comp dropped to 65k, now in my late 50’s I am the Dir of Planning for a small city making about 160k and happy in my work for the 1st time ever! Also the benefits working in government are 10x what they ever were in Corp America. Do what you love
Set your price. Usually, websites sell for 3-5 times the yearly revenue. So if you had a blog for six months that made $30,000 in those six months, your yearly revenue would be about $60,000. You could then sell your site for $180,000 or more depending on your buyer. Bigger companies are most likely to spend larger amounts of money on a website than small companies are.
First I want to just say well done with what you have accomplished. You have done an amazing job. I’m not really one to post a comment on blogs as I’m sure everyone says. But the thing that struck me the most about you is I can tell your a great individual. You love cats, as my wife and I do. We also have rescue cats. You are a very generous and honest person and that is most likely why you also have done well. Very authentic and honest. I’m in the process of building an affiliate amazon site. So I can relate to the content side of things. I’m already a customer of siteground but If I wasn’t I’d happily sign up through you. I have bookmarked your site as I’d like to come back and read a little more and keep an eye on your progress. Thanks for taking the time to write this post. It’s one of the best blog posts I’ve read. Take care Tom
Thanks for sharing this information. I actually work as a Project Management consultant in the technology and healthcare industry but I really want to get into construction project management because I love architecture I was also interested in natural resources project management just for a change but, it is very difficult to switch from one industry to another any advice?
The Seven Figure Franchise almost sounds a bit similar to the Empower Network for those of you who remember that program. The Empower Network was a scam and a lot of people lost their money in it. That program flopped big time! In my personal opinion, what I would recommend is that you sell some affiliate products on the side and instead, invest in selling your own products where you will be making constant income rather than trying to make some huge marketer even richer. And there’s a reason why getting a refund is so dad gum hard with the Seven Figure Franchise. It is because they don’t want to really give a refund in the first place.