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Web Businesses For Sale

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If you peruse Ebay a lot, you'll see a lot of members selling website businesses. Often advertising these as "Turnkey", they claim that the site has been making X dollars a month for the past X months. The businesses include expired domain name searches, online auction sites, credit repair sites, dating and adult sites, etc. Take a look at the current bids or prices - $1.99? What gives? If this site is making money, why would they want to sell it??? Here are some tips to help avoid buying a waste of time.



Take a look at the domain name. Do a Google search for it. Does it show up? Keep in mind how long the seller claims the site has been in business. Go to Internic and do a Whois on the domain name...how long has it existed? Chances are less than a month.

Are there any bids on it? the number of bids is generally a good indicator on how legit this "business" is. If there's only 25 minutes left on the auction, and there is one bid for a very low dollar amount, this one's most likely a dog. If it is down to 25 minutes and there are 60 bids on it up to 500 bucks, it's most likely a keeper.

Proof of income. Some sites show a screen shot of their payment processor. Visit the website. Is the payment processor the same? For example, is the screen shot on Ebay from 2Checkout, and Paypal is the only payment method on the site? Smells fishy to me.

Most of these sites claim to be "100 Percent custom hand coded by experienced developers". Do some Googling for "website templates". Look through some of the places that offer web templates for sale. You will most likely run across the design of the website that is for sale. View the source of the site that's for sale - you may find that the seller forgot to remove the comment code that states that "This site was developed by -some template developer-" . There are actually websites that SELL turnkey web businesses specifically for sale on Ebay, and they use these templates all the time, over and over again.

If you are still skeptical, email the seller with your questions. If this site is truly on the up-and-up, they'll be honest. If not, they'll dodge your questions like a bullet.

One more thing to consider: Often these sites will come with "Dirt Cheap Web Hosting", for something like $6.99 per year. Think about it - would a TRUE e-commerce site that was getting tons of traffic and sales rely on lowest-bidder web hosting? Nope.

Now, don't get me wrong - there ARE some good web businesses available from time to time on Ebay...but with the availability of so many free website scripts and templates, they seem to be few and far between. Caveat Emptor, my friends - let the buyer beware.
Web Businesses For Sale
They reluctantly slink off to reconsider whatever inadequate options they were trying to escape when they first decided to go online. Many can be heard echoing the usual excuses that masquerade as explanations.

If you've been in this business for any length of time you've heard several of them before:

- The market in my niche is saturated.

- There's just too much information to sort through.

- These days it's too late to make any real money online anyway.

- Online marketing concepts are too complex to wrap my mind around.

- Things change on the Web so quickly that it's difficult to keep up.

- It was costing me more than I had budgeted.

- There are too many experts telling you their way is the way.

- I tried everything I knew and nothing worked.

- I gave myself six months to become successful.

- My spouse wasn't very supportive.

Whether or not any of these statements is true is immaterial. The reality is that at this very moment, there are successful business owners who are enjoying the good life and managing profitable enterprises, in spite of any of the above.

So what is it that separates them from those who fail or simply give up? At first glance the answer may seem paradoxical, but on closer inspection you'll recognize the logic and its surprising simplicity.

The single reason most Web businesses fail is that the owners do not start out with a definitive end result in mind. They do not have a clear vision of exactly what it is they intend the business to accomplish.

By "accomplish" I'm referring to more than just reaching a revenue goal, developing a responsive customer list, or writing persuasive promotional copy. My statement goes directly to the purpose for creating the business in the first place.

Know Exactly What You Want

Many years ago when I was a teenager, my best friend announced to his dad that he was thinking of becoming an accountant. My friend's dad complimented him on his choice, then calmly asked, "Do you want to be an accountant because it's what you really want to do, or because you think others would be impressed with your choice of profession?"

My friend thought for a moment, then admitted he found the idea of being an accountant more appealing than actually preparing balance sheets and income statements for the rest of his life.

A high percentage of Internet marketers today are in love with the idea of working from home, lured by the promise of earning a healthy monthly income for seemingly little work. But they are totally unprepared for the effort, discipline and persistence it demands.

So as their attempts to grow their businesses meet resistance, the superficial curiosity they began with slowly erodes and eventually crumbles from frustration and despair. They soon run out of steam and quit because they never had a firmly established vision to keep them focused and motivated.

Start From The Finish

The trick then is to begin with the end result and never lose sight of it. Every thought and deed that follows must be designed to get your business to that place.

If your business is Starbucks, the objective is not simply to brew a refreshing cup of coffee, but to provide the best coffee experience for your patrons. If your business is Google, the objective is not simply to be a search service, but to make the world's information universally accessible and useful.

Therefore, your ultimate purpose should always overshadow the business, which functions as a pawn in your quest to snag the bigger goal. The business becomes the final stepping stone to your ultimate achievement.

When you create your business around a purpose that motivates and inspires you, and your intention to make it happen is as solid as the Rock of Gibraltar, it becomes almost impossible to be discouraged by the inevitable hurdles you will encounter. Your natural impulse will be to find alternative ways to overcome each challenge.

Embrace that mindset and you will significantly improve your chances of growing your business to deliver your vision. At the same time you'll be avoiding the scrap heap of broken dreams, dashed hopes and miserable failure.
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Both Dave Gammage & Hermas Haynes are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

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