The Everyday Millionaire Show "We Make Money While We Sleep" - Mastering Online Business with Matt Raad
Nov 11, 2024
Join Matt Raad, an Australian entrepreneur who transitioned from rural life to online business success with his wife. He shares how they built their wealth through passive income strategies, transforming neglected websites into profitable ventures. Matt discusses the shift from trading time for money to embracing digital opportunities, while exploring the importance of site management and affiliate marketing. Discover the potential risks and rewards of online business investments and learn why mastering this space is essential for financial freedom.
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From Farms to Online Empires
- Matt Raad and his wife pursued financial freedom through business acquisition, starting with traditional enterprises.
- They transitioned to online businesses, appreciating the lack of borders and the 24/7 income potential.
Finding Online Businesses
- Explore online business marketplaces like Flippa.com to find websites for sale.
- Conduct thorough due diligence, similar to real estate, but with a focus on traffic and profit.
Analyzing Online Businesses
- When analyzing online businesses, focus on profit and traffic metrics.
- Use Google Analytics to track website traffic and verify the seller's claims, treating it as a due diligence tool.
