Digital Investors - Ep 28: How Buying Websites for Passive Income Works (2 Case Studies)

May 23, 2023

Ep 53: Flipping a 10k Website into a 1.8M Freedom Business with John Chen

When people are being laid off and ‘secure’ jobs aren’t as stable as they used to be, what do you do? You can take some of your job income and savings and invest it into buying assets like websites - websites that makes sales even when you're not actively working. That's exactly what our guest today has done. John Chen quit his cushy job to learn how to buy and sell e-commerce sites on Flippa. Like many of our students, he started out buying a very small site. His first site cost $7,500 and was earning around $1,000 per month. But just two years later, he sold it for $550,000! Today, you'll hear how he did it, including how he turned that initial $7,500 website into a $1.8M website in under 5 years. For more information on how to buy & renovate websites for passive income, check out their free masterclass.

35 min