EP32: Trevor Koverko (part 2) - How To Buy Cash Flowing Websites

Published: May 9, 2016, 3:22 a.m.

Welcome back to the Liberty Entrepreneurs Podcast. I\u2019m so excited to welcome back Trevor Koverko who was previously on Episode #7 entitled \u201cVirtual Reality and Digital Real Estate\u201d. This time we only concentrate on how and why Trevor buys profitable, cash-flowing websites. It\u2019s a very young market with TONS of potential. Think about this, Trevor and his team ONLY look at websites that have a 30% or more ROI.\nThis is such an exciting topic and I\u2019m very pleased to share it with you. I\u2019ve included the show notes below and please comment on our Facebook page with your feedback.\n\nhttps://www.facebook.com/LibertyEntrepreneurs/\n\nTrevor\u2019s 5 steps to successfully purchase a website (basically his framework and day-to-day rules)\nActive lead generation and sourcing websites. Find the best deals before the bidding war happens.\nDue Diligence on the best leads that come in (qualify all leads). Verify traffic, legitimate links on website, etc\nMake offer and negotiate deal. Once you like the deal, it\u2019s time to ACT! It\u2019s still a buyer\u2019s market since there\u2019s not a lot of liquidity for sellers, but that is changing rapidly. This means you can potentially have a lot of leverage during the negotiations. All of the buyer\u2019s protections are created in this step.\nTransition assets from previous owner. Remember, this is an Asset Purchase Agreement instead of a Share Purchase Agreement. This allows you to easily transfer the jurisdiction of the business since it\u2019s all online and virtual.\nPromote Growth. What are the revenue streams and how can you grow them? Advertising? Cross selling? Enhance SEO? How much content creation is required?\n\nTheWebsiteBuyer.com - Trevor's \u201cauthority website\u201d. Learn how he plans to capture an audience and solidify himself as the #1 place to go to for this type of knowledge. He has already developed educational resources and coaching programs to help YOU start cash flowing websites.\n\nMainstream Investments? Not so fast...\nWhy did Trevor \u201cflip the bird\u201d to mainstream investments including stocks, mutual funds, gold stocks, oil stocks, real estate, bitcoin ATMs, traded options and bonds?\n\nHow did he put an END to his investment losing streak with the 3 key elements below?\nSave/Invest\nKeep Control\nPrioritize Cash Flow\n\nAdvice\nTrevor\u2019s recommends that young and new entrepreneurs learn about digital marketing.\n\nSpecifically:\nWhat is a marketing funnel\nHow to up-sell and down-sell\nHow to split test\nHow to analyze metrics and other data\n\nFavorite Quotes:\n\u201cThis [digital marketing] is the future language of business, not a little niche of geeky internet people\u201d.\n\u201cIf you add value for other people in their lives, good things tend to happen to you as well.\u201d\n***I recommend you read Trevor\u2019s story on his \u201cAbout Me\u201d page:\nhttp://www.thewebsitebuyer.com/about-me/\nSample from website:\nLife Investment Lesson #1:\nEarnings lead to Savings\nSavings lead to Investments\nInvestments lead to Cashflow\nCash Flow leads to Freedom\nContact info:\nEmail: trevor@thewebsitebuyer.com\nWebsite: www.thewebsitebuyer.com