In this episode of the Domain Magnate show, Michael speaks with website investor Richard Patey. Richard gives advice on selling sites and discusses with Michael how to fix the common mistakes a first-time seller can make.
Richard Patey is an online entrepreneur. He started his first business in 2009 after quitting his job and made a living off selling his SEO and WordPress website services. He went from niche to niche until he realized how investing in these websites had their own bright world and from then on offered his services under Flipping Websites which he also sold later on. He currently owns and runs Website Investing Publication that helps provide much-needed information and keeps investors up to date on relevant digital news while continuing to build his portfolio of sites he continues to operate.
SKIP TO THE GOOD PARTS:
0:09-1:20 Michael welcomes Richard and gives a quick introduction
1:21-3:39 They talk about acquiring sites for consultants
3:40-10:05 Diving deeper into the deals process
10:06-13:28 Tying together podcasting and specialty
13:29-41:37 Common mistakes for first-time buyers
41:38-46:41 Selling starter sites
46:42-51:03 Richard shares about his growing newsletter
51:04-52:32 How to reach out to Richard
SHOW TRANSCRIPT: [[VIEW ON OUR WEBSITE]]
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