GH: How to Replace Your Salary by Buying Mini Businesses

Published: Dec. 14, 2023, 10 a.m.

Stacy Caprio was desperate to\xa0leave her day job.\nShe ended up doing just that after acquiring \u2013 and improving \u2013 a portfolio of mini online businesses. In her case, these were websites that make money from advertising.\nNow, this asset class can be risky, and Stacy is open about her early failures.\nBut if you have some online skills, (or management skills to bring people in if you don\u2019t want to run the site yourself) this can be a fast-track to the cash flow you need to fund your lifestyle.\nSince websites often sell for 20x monthly earnings, they\u2019re perhaps 10-15x \u201ccheaper\u201d than if you were to rely solely on traditional investments and a 4% withdrawal rate.\nSound like the kind of investment that suits your lifestyle?\nTune in to episode 323 to hear where Stacy finds these businesses to buy, her unique filtering criteria, and a few quick ways she\u2019s been able to accelerate the cash flow of\xa0her portfolio\xa0for even better returns.\nFull Show Notes: How to Replace Your Salary by Buying Mini Businesses\nNew to the Show? Get your personalized money-making playlist\xa0here!\nSponsors:\n\n\nGusto\xa0\u2013 Get 3 months free when you run your first payroll!\n\n\nFactor\xa0\u2014 Get 50% off America\u2019s #1 ready-to-eat meal delivery service w/ code sidehustle50!\n\n\nKababi\xa0\u2014 Start your 30-day free trial today!