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Round Table | How to Buy an Online Business That Pays You Every Month (Even While You Sleep)
Description
What if your next stream of passive income came from a faceless YouTube channel or a website you didn’t build? In today's conversation, the financial coaches reveal how online businesses can replace your paycheck and why now is the ideal time to invest in them.
Joey shares his results from a $25K investment, and Ben outlines which models offer the fastest wins for hustlers. Mark explains how analytics and systems can optimize these ventures from the very start. Meanwhile, Russ emphasizes the value of digital businesses as a modern-day strategy for building passive income and avoiding traditional job traps.
Tune in as they break down strategies for acquiring faceless YouTube channels, affiliate sites, and other online assets that generate revenue without you doing any additional work.
Top three things you will learn:
-How to match your investor DNA to the right type of online business
-Why faceless YouTube channels can be a low-drama path to cash flow
-The first three steps to take if you're ready to get started
Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.
This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.
The hosts may have a financial interest in the programs or services mentioned in this episode.
How to Buy Online Businesses for Profit with Sophie Howard:
-https://wealthwithoutwallstreet.com/freedomnavigator
Flippa - Best for beginners, with listings under $10K and a Zillow-like experience for browsing digital assets:
Empire Flippers - A curated platform with vetted online businesses:
Acquire.com - Focuses on SaaS and content businesses:
Website Closers - For more established and higher-revenue online businesses:
-https://www.websiteclosers.com/
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