Anatomy of a 5-Figure Flip: Outsourcing for Free?

If you followed along in the first article in this series, you learned how I leveraged a domain drop catcher and historic whois records to acquire a highly brandable PR 4 domain (BetterParenting.com) for the paltry sum of $300.  I probably could have just flipped the domain for a few grand but instead, I decided to develop a blog and sell it as a website.  In this article, I’ll highlight the development process I undertook for this site, and how I outsourced key components for little or no cost.

To start out, I need to admit something. I have a pretty substantial advantage over most casual flippers.  I work professionally as a web developer, and although my expertise lies in the programming end of the spectrum, I also have a pretty good creative eye.  I’ve built $40,000+ websites.  I know fancy web technologies like ASP.NET MVC and Zend Framework.  I own Adobe Creative Suite 5, and I know all the keyboard shortcuts in Photoshop.  I could have sat down and created an entirely custom design for Better Parenting and built out a custom CMS that perfectly met my needs.  I didn’t do any of that.

What “Flip This House” Teaches Us About Website Flipping

If you ever watch any of the myriad of house flipping shows on television, you’re bound to encounter a situation where the novice flipper forgets that they’re building to sell.  Their renovation becomes less about the profit and more about what they would love to have.  Huge mistake.

Continue reading “Anatomy of a 5-Figure Flip: Outsourcing for Free?”

12 Places Where You Can Outsource Work On The Cheap

Outsource WorkWhether you are new to website flipping or have a lot of experience, sooner or later you’ll need help if you want to scale your Internet business. You’re only one person and you can only accomplish so much in a day. The easiest and most affordable way to scale your business is to outsource some of your work.

Anything you currently do yourself can be outsourced but that doesn’t necessarily mean you should. In fact, you should take an inventory on what your strengths and weaknesses are and what you enjoy doing the most. Anything that falls under the “weakness column” or under the column of, “things you don’t really enjoy doing,” should be outsourced. You should only do things yourself that you are good at or enjoy doing. Continue reading “12 Places Where You Can Outsource Work On The Cheap”