Are Some Webmasters Financial Masterminds?
I just finished reading a great book called Rich Dad, Poor Dad by Robert T. Kiyosaki. And I thought that I should write about the financial intelligence of some webmasters.
Many of the people that daily are active in the buy/sell website forums, they have understood what it is all about. They are financial intelligent, so to say.
Here’s the reason for my statement:
- They are always on the looking for good investments
- They buy websites for the revenue generated by their websites
- They improve the websites to generate higher revenues
- They sell websites for more than they were bought for
This means that they constantly improve their cash flow by improving their website portfolio. And thereby become richer every day. The webmasters are not working for money anymore, the money are working for the webmasters.
Considering that websites typically sell for amounts around 12 months of revenue, this is also a very attractive market. If you’re constantly buying new assets for all the revenue generated by those you currently own, you’ll be experiencing an amazing growth.
Also remember that if you have a corporation for your business you won’t have to pay much in taxes (maybe even nothing) because you get tax deductions for your purchases / investments.
Of course webmasters don’t have to invest in new websites, they can just as well invest in the growth of their current websites.
Tags: website assets, online investment, website investment, website cash flow
4 comments April 20th, 2006
