Round Table | How to Buy an Online Business That Pays You Every Month (Even While You Sleep)
Manage episode 486546905 series 3556396
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/
Book Your Free Passive Income Game Plan Session:
-https://wealthwithoutwallstreet.com/freecall
Want to raise millionaire kids? Watch how Sharran Srivatsaa — former Goldman Sachs banker turned entrepreneur and investor — is building a generational wealth system with his kids, step-by-step.
-https://go.wealthwithoutwallstreet.com/millionaire-kids
Turn Active Income Into Passive Income:
-https://wealthwithoutwallstreet.com/pios
Know Your Investor DNA:
-https://wealthwithoutwallstreet.com/investordna
Create a Six-Figure Side Hustle in Peer-to-Peer Car-Sharing:
-https://wealthwithoutwallstreet.com/cars
Wealth Without Wall Street New Book:
-https://wealthwithoutwallstreet.com/newbook
IBC Webinar:
-https://wealthwithoutwallstreet.com/ibc
Join Our Next Inner Circle Live Event:
-https://www.wealthwithoutwallstreet.com/live
-Promo Code: PODCAST
Find Out How Close You Are to Financial Freedom:
-https://wealthwithoutwallstreet.com/quiz
Join the Wealth Without Wall Street Community:
-https://wealthwithoutwallstreet.com/community
Discover Your Path to Financial Freedom:
-https://wealthwithoutwallstreet.com/path
Join the Passive Income MasterMind:
-https://wealthwithoutwallstreet.com/wwws-passive-income-mastermind
Join Our Short-Term Rental (STR) Course:
-https://go.wealthwithoutwallstreet.com/strcourse
The Land Geek:
Invest With Your Friends and Family:
-https://tribevest.com/partners/wwws
The Infinite Banking Concept Explained by a CFP:
-https://youtube.com/watch?v=sVuexMv6Kf4
Becoming Your Own Banker by Nelson Nash:
-https://infinitebanking.org/what-is-infinite-banking/becoming-your-own-banker/
Financial Literacy App for Kids:
Here is the List of "40 Books We Recommend" on our Amazon Store: https://amzn.to/49UyD1d
---
Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches.
-Join here: https://wealthwithoutwallstreet.com/inner-circle
—
600 episodes