To me, there appears to be a disconnect in the online money-making world. Everywhere you turn, there’s someone trying to sell you the next hot strategy of growing an online business from nothing to extreme profit seemingly overnight. I mean, creating millions out of nothing seems to be the American dream! At least, that’s what hacks will seem to tell you.
There are countless guides on how to start an ecommerce store, blog, app, SaaS business, or news website from scratch and grow it to be something great.
There’s nothing inherently wrong about this. People do it all the time. It’s a great way to break into the entrepreneurial space if you’re starting with nothing. However, when you’re starting from nothing, there’s an extremely high chance that you’ll end up going nowhere.
Whether the competition is too fierce, you do something improperly, life gets in the way, or you were taken advantage of along the way, something has a good chance of keeping you from making any money.
What if there was a way to jump over that initial valley and start making money right from the start without investing an exorbitant amount of time without any promise of a payout?
Buying an existent online asset can help you get there.
Think about it. In the world of real estate, experts aren’t at your throat to build a house from the ground up in order to get your first investment property.
Instead, they preach purchasing a property that’s already cash flowing (or has the potential to cash flow) while utilizing proper analysis and due diligence to ensure you’re making a safe investment.
Why should this be any different from digital assets? If you have a bit of startup capital, why would you start from scratch when you can buy an asset and make its existing revenue compound?
Today, there are countless online assets available for sale that can help you kickstart an online business portfolio.
If you’re able to find, analyze, purchase, and scale a great example of one of these online assets, your chances of failure become miniscule, and potential for profit and (mostly) passive income skyrocket.