How to buy a website for $1000 and sell it for $10k - James Camp | E44

James Camp is a serial entrepreneur, growth expert, and startup mentor. He sold his largest business, a strategy consulting firm, in 2020 for $31 million. Since then he has been focusing mostly on flipping websites. He typically buys content websites for a few thousand dollars, increases their value, and then sells them for significantly more. In the episode we talk about his exact website flipping process, what are the pitfalls, and where he sees opportunities for entrepreneurs who want to buy a business instead of building it from scratch. --- ➤ Please subscribe & share if you liked the episode ❤ ➤ Follow for business ideas & stories: https://twitter.com/MaticJ ➤ Matic’s UK product founders community: http://joinpmf.com ➤ Looking for funding? Get a VC intro: http://vc.foundrs.vip --- TIMESTAMPS: 00:00:00 Intro 00:01:00 How common are failures in business 00:02:30 Why wins matter in business 00:05:50 Difference between entrepreneurs and freelancers 00:07:00 How to determine whether your business will fail or succeed 00:13:00 Why Twitter is important for founders 00:15:50 From zero to million with website flipping 00:21:30 How to flip websites 00:22:30 Where and how to buy websites 00:29:00 What kind of websites you should buy 00:31:30 How to optimize websites 00:34:30 How to optimize website traffic 00:44:00 AI copywriting 00:50:00 Buying vs building a new business 00:52:00 How to sell a website 00:54:30 James's BIG exit 01:03:30 James's plan for the future   RESOURCES: https://twitter.com/JamesonCamp https://www.nanoflips.com/  https://builders.build/  --- RECORDED: 6.4.2022 VIDEO: htthttps://youtu.be/B3IjbHeeAgE --- Marketing and postproduction: Tom Zorman (https://www.linkedin.com/in/tom-zorman/) YouTube thumbnail: Filip Urek (filip.urek@gmail.com)