Listen "Episode 112: Building Cash Flow and Wealth Through Website Investments "
Episode Synopsis
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/az21Jrv24lILet’s Stay Connected✅ LinkedIn → https://www.linkedin.com/in/hannes-hennche/Time Stamps00:00:09 - Building Cashflow Through Websites00:01:17 - Comparison of Cash Flows: Online vs. Real Estate00:01:27 - Three-Step Process: Buy, Renovate, Hold/Sell00:03:09 - Types of Websites: Information and Hobby Sites00:04:02 - Domain Name as Virtual Real Estate00:04:26 - Renovating Websites: Adding Value00:05:20 - Opportunity in Neglected Websites00:05:48 - Statistics on Active and Dormant Websites00:09:39 - Costs and Benefits of Running a Website00:11:52 - Micro Niches and Monetization00:13:36 - Hiring Writers for Content Creation00:14:52 - Content Strategy for Niche Websites00:15:19 - Unique Niche: Private Chef World00:21:00 - Cost of High-Quality Articles00:25:02 - Learning Digital Skills and Starting Small00:27:00 - Importance of Google Analytics in Due Diligence00:29:05 - Setting Up Google Analytics00:37:34 - Real Estate Content Competition00:41:00 - Passive Revenue from Food Blogs00:43:28 - Simplicity of Online Business Models00:47:15 - Domain Valuation and ExpertiseSound 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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