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1:09 pm December 4, 2011
| Girls Just Wanna Have Funds
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Post edited 1:18 pm – December 4, 2011 by Girls Just Wanna Have Funds
MoneyIsTheRoot said:
Oh yea…1 million and Im starting a new site lol! My minimum is probably $50,000 and I would sell and start over, why not? But yea, I would reiterate what most said, who would offer me that much anyways? Only in my dreams.
Same here! I would sell and then start another site! I have a minimum that I'd sell for right now and yes that is a goal! But it's not something I am actively working towards but would be nice nonetheless to entertain if an offer popped up!
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3:32 pm December 4, 2011
| Barbara Friedberg
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Squirrelers said:
Not much surprises me these days – once you've had enough life experience, that's how it goes.
However, this does surprise me, in terms of the number. Amazing, and very impressive. What does everyone think of the multiple of earnings that might be used in these purchases? 2x? More?
I heard the current metric is 2x annual earnings now, and previously 5x annual earnings.
I wouldn't think twice about accepting $1,000,000. Whenever I read this stuff, I always remember the building time that went in to grow these sites. Crystal at BFS is an amazing anomaly. Most bloggers take years to build up a massive site
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4:29 pm December 4, 2011
| Jeffrey Trull
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The thread is called "Would Your Blog Sell for $1,000,000"? and not "Would You Sell Your Blog for $1,000,000?" Not to be rude, but I think the answer is obvious for just about anyone here.
In my opinion, time has been the biggest asset of those blogs. They started before everyone else and kept it going. They have great content, too, which played a big part (but I still think that's secondary to the time element).
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5:25 pm December 4, 2011
| Money Reasons
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Wow, I had no idea!
Well, actually I figured out that FiveCentNickel.com and Getrichslowly.org probably sold because they have the same ip address, which means that they are on the same server(s). Since two large sites like that are very unlikely to have the same ip address, I guess that they are probably owned by the same entity…
I wonder if frugaldad.com has been sold too. His site really has a different look and feel lately, that's for sure.
So is my blog worth (or sell for) $1,000,000? Not likely unless I really improve my style of writing (which is probably easier said than done). Now Sam, yes… me, no…
I think with a lot of hard and clever work, I can improve my site quite a bit.
Perhaps improve my site's SEO properties by hiring Corey @ http://www.20sfinances.com (great prices) or Melissa @ momsplans.com to submit my articles to carnivals, guest post a lot more and write polished, clever material then I might work my way up to a $100,000.
Ironically, I just got an email asking if I was interested in selling my blog (lol). I didn't even respond because I'm sure they wouldn't offer me what I thought my site was worth (at least to me).
Interesting about Flexo… Good for him!
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8:12 am December 5, 2011
| Aloysa
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Money should never be your blogging focus for one simple reason: it shows through and through and readers see it very well.
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Creator of:
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8:22 am December 5, 2011
| 20s Finances
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I wouldn't be surprised – this would explain a lot. I submitted a guest post to him after he loved my idea that I pitched him and then I haven't heard anything back after I sent him the post and it has been a couple weeks (this was right around the time that the site's look changed.)
Money Reasons said:
I wonder if frugaldad.com has been sold too. His site really has a different look and feel lately, that's for sure.
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9:00 am December 6, 2011
| Budgeting in the Fun Stuff
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I'd sell for $1,000,000. But I would hope I could tell people because it is weird to find out months later when a site is owned by someone new…
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10:08 am December 6, 2011
| Jason@LiveRealNow
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Budgeting in the Fun Stuff said:
I'd sell for $1,000,000. But I would hope I could tell people because it is weird to find out months later when a site is owned by someone new…
I'll buy your site for $1,000,000. Will you take a post-dated check?
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12:09 pm December 6, 2011
| TightFistedMiser
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A company emailed me an offer for one of my sites today. They only offered 10x monthly profits – not earnings- so the offer was easy to pass up. I do occasionally get low-ball offers for my sites but I've never had anyone offer serious cash.
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2:17 pm December 6, 2011
| Jeff @ Sustainable Life Blog
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I'd probably sell in a heartbeat for a cool mill – however, I think evan makes a good point – most of us are never going to see this. Also, I didnt know many of these blogs were owned by quintstreet until today.
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3:33 pm December 6, 2011
| Budgeting in the Fun Stuff
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Jason@LiveRealNow said:
Budgeting in the Fun Stuff said:
I'd sell for $1,000,000. But I would hope I could tell people because it is weird to find out months later when a site is owned by someone new…
I'll buy your site for $1,000,000. Will you take a post-dated check?
No…but you can send me 10,000,000 lollipops. Hehehe.
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8:58 pm December 7, 2011
| Miss T @ Prairie Eco-Thrifter
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Jeffrey Trull said:
The thread is called "Would Your Blog Sell for $1,000,000"? and not "Would You Sell Your Blog for $1,000,000?" Not to be rude, but I think the answer is obvious for just about anyone here.
In my opinion, time has been the biggest asset of those blogs. They started before everyone else and kept it going. They have great content, too, which played a big part (but I still think that's secondary to the time element).
I agree. The older blogs have an advantage. There is such strong competition now for us newbies.
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4:24 am December 8, 2011
| Penny Pinching Professional
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I don't think I would believe anyone who offered my $1,000,000 for my blog. It's way too new, hasn't earned any money yet, isn't on its own domain, and doesn't have the most creative name. Though if someone did offer it and I was convinced that it was a legitimate offer, I would take it. I really haven't put that much time into it yet, all things considered, and I don't think it would take me that long to find my way back to where I am now.
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5:33 am December 8, 2011
| MoneyBeagle
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Miss T @ Prairie Eco-Thrifter said:
I agree. The older blogs have an advantage. There is such strong competition now for us newbies.
True, I wonder what would have happened if I would have thought of blogging five years earlier.
Well, the good news though is that if you stick with it, you'll keep moving up in terms of experience. I've seen so many drop off over the years.
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6:09 am December 8, 2011
| jana
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This is an interesting question for me. I definitely don't think that, based on content, readership, etc, my blog would sell for $1,000,000. This is not to say that I'm unhappy with any of those, it's just not enough to sell for a large some of money. However, the name of my site my be desireable for a certain group. I still don't think that they'd pay that kind of money just for the name. But if they did make an offer, I might consider selling the name. Not the content. I don't think that industry concerns itself with what I write about.
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10:52 am December 8, 2011
| Charles @ MoneyGreenLife
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MoneyIsTheRoot said:
Oh yea…1 million and Im starting a new site lol! My minimum is probably $50,000 and I would sell and start over, why not? But yea, I would reiterate what most said, who would offer me that much anyways? Only in my dreams.
A friend of mine owned moneybluebook and he inspired me to start my own blog. i was amazed at how much money he brought in every month. however, he cannot start another blog due to non-compete clause they made him sign. So starting a new blog would not be an option if you were to sign a similar clause.
i would sell mine for 1 million without hesitation. I only make $10k a year so that's 100 p/e.
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11:54 am December 8, 2011
| MoneyBeagle
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Charles @ MoneyGreenLife said:
A friend of mine owned moneybluebook and he inspired me to start my own blog. i was amazed at how much money he brought in every month. however, he cannot start another blog due to non-compete clause they made him sign. So starting a new blog would not be an option if you were to sign a similar clause.
I would probably never agree to a non-compete lasting for more than 6-12 months.
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12:14 pm December 8, 2011
| MyJourneytoMillions
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MoneyBeagle said:
Charles @ MoneyGreenLife said:
A friend of mine owned moneybluebook and he inspired me to start my own blog. i was amazed at how much money he brought in every month. however, he cannot start another blog due to non-compete clause they made him sign. So starting a new blog would not be an option if you were to sign a similar clause.
I would probably never agree to a non-compete lasting for more than 6-12 months.
I would 100% sign a non-compete if the price was high enough. Everyone has their price, and I would venture to guess that price is a lot lower than a cool million for most people on this forum.
I liked MoneyBlueBook I haven't been over there in like 2 years…how is he doing?
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1:34 pm December 15, 2011
| Jason@LiveRealNow
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5:00 am December 19, 2011
| MoneyBeagle
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Jason@LiveRealNow said:
Another one sold.
The Simple Dollar is now a property of Cut Media.
I always liked Simple Dollar but with all the announcements lately, I figured this was just a matter of time. Trent seemed to be one of the most 'real' voices out there. I sure hope that doesn't change.
FMF, are you next? :)
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