• Episode 112: Building Cash Flow and Wealth Through Website Investments

  • Jun 28 2024
  • Duración: 52 m
  • Podcast

Episode 112: Building Cash Flow and Wealth Through Website Investments

  • Resumen

  • In this episode, successful entrepreneur, mentor, and website investment expert Matt Raad shares his incredible business journey and strategies for building passive income streams using digital assets. Matt and his wife generated cash flow and wealth through buying, building, and renovating websites.

    Tune in to explore this innovative approach to investing and how it compares to traditional real estate and stock investments.


    Connect with Matt Raad on LinkedIn https://www.linkedin.com/in/matt-raad/
    Visit their website to learn more https://www.mattandlizraad.com/
    Check out The Digital Investors Podcast https://www.digitalinvestors.com/podcast/

    Enjoy this episode on your favorite podcast platform

    ✅ Apple → https://podcasts.apple.com/gb/podcast/generating-cash-flow-through-website-investments/id1625806145?i=1000660532120
    ✅ Youtube → https://youtu.be/az21Jrv24lI


    Let’s Stay Connected

    ✅ LinkedIn → https://www.linkedin.com/in/hannes-hennche/


    Time Stamps

    00:00:09 - Building Cashflow Through Websites
    00:01:17 - Comparison of Cash Flows: Online vs. Real Estate
    00:01:27 - Three-Step Process: Buy, Renovate, Hold/Sell
    00:03:09 - Types of Websites: Information and Hobby Sites
    00:04:02 - Domain Name as Virtual Real Estate
    00:04:26 - Renovating Websites: Adding Value
    00:05:20 - Opportunity in Neglected Websites
    00:05:48 - Statistics on Active and Dormant Websites
    00:09:39 - Costs and Benefits of Running a Website
    00:11:52 - Micro Niches and Monetization
    00:13:36 - Hiring Writers for Content Creation
    00:14:52 - Content Strategy for Niche Websites
    00:15:19 - Unique Niche: Private Chef World
    00:21:00 - Cost of High-Quality Articles
    00:25:02 - Learning Digital Skills and Starting Small
    00:27:00 - Importance of Google Analytics in Due Diligence
    00:29:05 - Setting Up Google Analytics
    00:37:34 - Real Estate Content Competition
    00:41:00 - Passive Revenue from Food Blogs
    00:43:28 - Simplicity of Online Business Models
    00:47:15 - Domain Valuation and Expertise

    Sound Bites

    "We fix them up with simple renovations, not major renovation. We're trying to buy quite simple websites."

    "Once you've got that knowledge to find those rundown online assets, there's a lot of opportunity."

    "Google Analytics is a powerful tool for determining the value of a website."

    "Start looking at the world in a certain way, which doesn't always serve us."

    #thepathtowellth #realestate #investments #websiteinvestment #virtualrealestate #googleanalytics #entreprenuership #financialfreedom #passiveinvesting


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