Following up from my recent post “The Never Fail Business Model” I thought I best share with you what I’m doing now. Most of the businesses I talked about in that previous post are pretty much on auto pilot bringing in regular cashlow.
Now that my cashflow is secure, I’m moving into the second stage of my wealth creation plan… asset accumulation. I was recently asked to speak at James’ Schramko’s Fast Web Forumla 2 (FWF2) to share how I’m doing it.
I thought you might like to watch a video to see how I make money online. Watch it below.
What’d you think? Am I on the right track or am I losing my touch? Comment below and let me know what you think.
You SEO Coach,
Ps. To find out more about the BBS formula you can click here.
Congratulations on your online success David! Internet marketing newbies will surely learn a lot from your tips on how to make money online here.
If I remember it correctly, you started all of these by getting a loan to attend a stock market trading seminar/training. That surely fired the passion to continue doing all your online ventures up to the present. 🙂
But what about for those who wanted to make money online but are in need of some funds to start away (buying domains, paying for the hosting fees etc). What are your suggestions to get some initial funding and start making money online?
This is a great way to make money, but I need to read more of your posts to get started in it, I have a domain I bought back in 2009 and never did anything with it, it has potential though (i think) but I am not sure what to do to ‘flip’ it, is it getting the site monetized, traffic, rank, etc…. so many aspects to trying it out!
I’m just getting started with internet marketing after I lost my job. Your tips are always awesome and help me a lot. I’m glad I came across your blog.
You ‘aint losing your touch at all man! You’re right on track, especially because the only way for quality web assets’ values to go is up because they will only become more scarce and more in demand.
My first website sold for over $2500 and since then I’ve been heavily involved in buying, building, and selling sites myself. I’m currently working on my biggest website broker deal for a site that’s making over $2,600 a month so we’re expecting at least 7x monthly earnings.
While I’m building a good portfolio of sites that I either buy established or build from scratch, I’m brokering on the side which adds money to my investment float AND teaches me as I move forward.
Thanks to you, Ryan, and Danny for launching the BBSFormula course. I’m completely on the same page with you and I wish you the best of luck. I’ve personally been asked many times what I do, how I do it, and if I can teach people. So I know there is a demand for this info and it will only increase going forward.
Way to go! Looks like you’re on the right track. Stick with it, the rewards are worth it.
Also, thanks for the super kind words about http://www.BBSformula.com – I’m pretty proud of that course 🙂
If you need anything just give me a yell.
Your SEO Coach,
Ps. Any chance we can get a testimonial for BBS? I think Danny is rounding a few up for our upcoming launch.
Buying sound challenging especially if you don’t have funds. Building sounds even more challenging as it needs a lot of effort. The selling along with the profit sounds very rewarding after a long time of hard work.
You are so quick in learning things and building things (“,) I’m in awe of how you do them. I would love to learn more from your posts. Keep them coming (“,)