Cashing Out – When Is The Right Time

john your blog is worth $169,000

http://www.dnscoop.com do a check for it...nice payout if you take it!

1500/mth means that by 13.3 month you break even. 100% return in 13.3 month..not bad investment...other thant you will need time investment too

I actually happened across this sale listing too. I don't think he'll get anywhere close to $20k, and I've listed some of the reasons on my website.

The real reason he is selling it, is because he did a lot of advertising to get the traffic to where it was. Once he stopped advertising the traffic dropped off. The new owner will have trouble commanding the same price for paid reviews because of lower traffic. I don't think you'll see offers too much higher than the current $5500. And if Matt really thought he could earn $1500/mon he wouldn't sell it for that low a price.

John may not have an exit stategy but it's obvious what his main plans are with this blog in the future and if you can't see it, then you lose.

All websites and blogs need some kind of blue print or your just doing it for a hobby or fun and if your doing it for that then making money online and this website is of no use for you. If you plan to make money you need a beginning and end plan.

You all are and me part of the johnchow.com experiment that has just begun. Frightening isn't it?

I wish Matt the best! One thing that got me curious was this: A blog is supposed to be a personal thing, one's thoughts and views. If Matt successfully sells his blog, which I think will happen, the content and writing style will totally be different from the moment that the sale is finalized. If the blog has gained a loyal following, what will the readers think? What will they feel? Just curiousity guys. Mabuhay! www.anitokid.blogspot.com

That's why I think bloggers should branch out a little bit and at least try to start something other than a blog.

Blog as long as you can, but remember that if you are blogging for profit, you may actually just be an employee of your blog.

Nopes I won't sell my lovely blog!! :roll:

Cheers!!
Jason
I Blog at http://jsbi.blogspot.com

Seeing as I've recently turned down offers to sell the Aaron Cook dot Com domain (there are two Major League Baseball players named Aaron Cook...one for the Colorado Rockies and one for the Los Angeles Angels), I have no plan on exiting.

I waited 4 long years to finally snag it and I don't plan on letting it go. Perhaps if offers reached $50,000 or more I'd reconsider, but I highly doubt it. My name means a lot to me.

i sold my site monopolo.com last year, and it has been revamped and turned into a t-shirt site

looks nice
i should've asked for more!

I've read this for the past week. i really enjoy your blog and I look forward to writing about it.

I strongly agree -- John Chow dot com can't possibly work without John Chow. It's good to know you're sticking around, man.

John,
You have to give me some credit that we got talking about an exit strategy at your richjerk for sale article!

Can't sell my site either... Don't even know another Dy Phan

Perhaps that's what he feels like. I remember my old boss saying there were two kinds of business people: the starters and the managers. Maybe he's the first!
:lol:

If i were Matt, i wouldn't have sold NBB unless i run out of topics :D

I contemplated selling OCIA.net a few years ago, but it never happened and boy an I glad it didn't. That would have been a HUGE mistake! :grin:

Can we use your beer mug icon?

I sold a few of my domain names and sites. Mostly in the $750-1500 range. My favorite the name I purchased for $9 and sold for $750. No work, now advertising, just threw up a one page for sale sign and that was it.

Michael

I hadn't thought of even having an exit strategy. When I started blogging it was out of curiousity, then I needed a habit to get me started writing.

Later on, I began to collect some real content, I had tried Adsense of course failed. But then PPP rekindled my interest last summer in creating a website for profit.

The big shift came in October when I migrated my old blog to another location and got started in what is now InvestorBlogger (version 2.0).

I'm currently making around 250-300 per month (so it's not much), but I'm enjoying the ride!

Being a proxy owner, I have sold many many sites.

I usually sell a site when its at its peak making about $100 a day. I get bored. I know its easy money. But I also know the site will get smart priced. I always let the buyer know the risks in proxies.

I build sites for profit. so I ALWAYS have an exit strategy in mind. Because the most profit will come from a single sale. The Best offer I have ever gotten was 12X monthly revenue.

The best ones are directories though, because much like "real" businesses, a directory can also gather 'goodwill' and can be sold for more than it is actually earnings.

If you want more information about flipping sites or earning a quick profit without being a 'dot com mogul' check out my blog.
:evil:

That sounds a fair deal. 5 months 20000$. Just wondering whats the future plans

I doubt the blog will go for the BIN.

I covered this sale on my blog, and am interested in the value a blog has once divorced from its owner.

I welcome anyone's opinions on this - I think it is a very interesting area for discussion.

- Martin Reed

I really like Matt's Blog. When he sells it, I think I will stop reading it. He is what makes his blog worthwhile.

Don't wanna be your grammar teacher but it's exit strategy not exist strategy. :mrgreen:

I am also in the process of selling my blog after only 4 months. I think I have a potential buyer, but he seems to want it at times, then not want it. I am selling for the same reason, I want to focus more on my personal blog, plus I just don't have the time to write decent posts for the topic I picked.

I am not going to get $20,000, but I think I did pretty good for my first website. If anyone else would like to make an offer, let me know.

I definitely wouldn't keep reading Johnchow.com if you sold it! The main way blogs differentiate each other is by being personal and very much owned by the author. If a blog is sold it would have completly lost it's main factor which makes it stand out from the competition (the author being different) and the new author would have to rebrand everything.

Ah what the heck, stay around - exist and don't plan on exiting for any time.

Lots of word and gender confusion running here on a sleepy Sat morning. :-)

John I think you mean "exit" rather than "exist" unless you really don't plan on existing :shock:

Yikes! Just going to read up on it now. That's pretty surprising.

Wow, 20k Bin... higher than the usual rate around site point...
They usually pay 10 - 12 month advanced according to monthly NET revenue... I wonder how it will go for him...