As I wrote in my 2016 review, I have been thinking about selling off part of my business – specifically selling one of my websites.
It’s a big decision. Do I lose the ongoing income of a website in return for a big pay out now?
Selling it is a risk, keeping it is a risk. Why is this?
If I sell it, I perhaps lose money if the site could have gone on earning money for years to come without me working on it.
If I keep it, I could end up making less money overall than if I did sell it. This is because I rely on Google traffic for that site to make money. If the traffic stops, then I no longer make money. I have so little time to work on all my sites that I feel like this is a reasonable risk.
There’s also the fact that I put a lot of effort into everything I do and a part of myself. Selling it is a difficult thing to get my head around as my sites kind of feel like my other children!! That sounds ridiculous I know, but it’s the truth.
I originally didn’t think it was even worth considering selling one of my sites because I didn’t think they would earn enough to be worthwhile. I then came across Empire Flippers which is raved about by many internet marketers online. They promise to sell sites for about 20 times the monthly income. That’s a lot of money and I am very tempted!
The other thing to consider is that I built up my niche sites fairly easily and there’s no reason to think that I couldn’t build more. This had me thinking that perhaps a good direction for me to go in would be to just build up niche sites with the express purpose of selling them. It could be a good option.
For now, I am unsure. Stay tuned to see what happens!by