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EPISODE 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.

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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.

Today, You Will Learn

  • How he did it –  including what kind of website he bought
  • How much it was initially making
  • How much he grew it by scaling a small website into a highly profitable website by finding the right product
  • Mistakes and lessons he learned along the way

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Thanks for listening.  We hope you enjoyed today’s episode and have been inspired by John’s story, to learn new ways to grow your wealth and income with online assets.  Additional resources and show notes are provided below.

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About Your Host's - Matt and Liz Raad

We are the founders of the Digital Investors Podcast, and eBusiness Institute, an online education and training organization that provides digital courses to help everyday people develop the practical skills they need to future-proof their income. 

Since 2010, we have taught online beginners all over the world our practical system of reaching $10,000/month working from home with semi-passive income websites.

Our goal with the Digital Investors podcast is to teach you how you can increase your income and grow your wealth by acquiring websites and online businesses.

For more details on our 3-step strategy, register for our free masterclass.