Buying Online Businesses Podcast Buying Content Websites & Quitting The 9-5 with Stacy Caprio
Are you tired of the daily grind and stuck in the 9-5 monotony? Imagine a life where you can break free from the traditional work routine and achieve financial independence through buying content from websites.
Today, Jaryd Krause and Stacy Carpio shared their transition from being employees to online entrepreneurs. And how can you do the same?
Stacy is a multifaceted entrepreneur and website investor who owns Her.CEO, a community for website investors and online business owners. Having invested her profits in real estate, she currently manages a duplex in Georgetown, TX, and is actively involved in both website and real estate investments.
Stacy shares her journey into investing in online businesses. Why did she want to make money online? How many online businesses has Stacy bought? What are her favorite types of online businesses and why? What is the hardest part about due diligence?
Stacy also reveals the strategies for growing her content sites. How many sites has she sold and for how much? What did she learn about selling them?
Lastly, Stacy gave a piece of advice for first-time buyers.
Do you want to quit the 9-5 and live life on your own terms? This episode can help you decide. Watch it today!
Episode Highlights
02:50 Stacy’s journey to being an online businesses owner
11:26 The rise and fall of multiples for online businesses
16:34 The pitfalls of juggling multiple businesses
23:01 Strategies for identifying high RPM businesses
29:10 Seizing real estate opportunities in a changing financial climate
32:36 How do you get your business ready to sell?
39:50 Where can you find Stacy?
Key Takeaways
➥ Stacy reveals her tendency to start multiple projects, estimating that around 70% get discarded after realizing they aren't viable. She emphasizes the importance of having fewer focuses and prioritizing working projects.
➥ Jaryd reflects on his past experience of holding onto businesses that slowly died off, suggesting the importance of recognizing when to sell assets for optimal outcomes.
➥ Stacy expresses a preference for ad-based content websites when buying or building. She appreciates their high profit margins, scalability through SEO, and quick revenue wins through optimizations like changing ad networks and placements.
About The Guest
Stacy Caprio is a website investor, entrepreneur and owner of Her.CEO, a community for website investors and online business owners. She invested her profits from website investing into a Georgetown, TX, duplex a few years ago and now invests in websites and real estate.
Stacy is also a realtor in Austin, TX and the owner of Heart of Austin Homes. In her free time, she likes to play with her parent's dog, Cooper, and run or walk on the Austin Riverwalk a few steps from her condo. You can ask her any question about investing in websites or real estate and she will be happy to help.
Connect with Stacy Carpio
➥ https://heartofaustinhomes.com/
Resource Links
➥ Sell your business to us here - https://www.buyingonlinebusinesses.co/sellyourbusiness
➥ Buying Online Businesses Website - https://buyingonlinebusinesses.com
➥ Download the Due Diligence Framework - https://buyingonlinebusinesses.com/freeresources/
➥ Neuron Writer (SEO tool for content writing) - https://bit.ly/3EleDaS
➥ Ezoic (Ad Network) - https://bit.ly/3NuVR5P
➥ Rank Math (Wordpress SEO Plugin) - https://bit.ly/3Acyjf4
🔥Buy & Sell Online Businesses Here (Top Website Brokers We Use) 🔥
➥ Empire Flippers - https://bit.ly/3RtyMkE
➥ Flippa - https://bit.ly/3WYX0Ve
➥ Motion Invest - https://bit.ly/3YmJAmO
➥ Investors Club - https://bit.ly/3ZpgioR
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