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http://bobcaswell.com/2007/07/05/how-i-used-blogging-to-sell-computersnet-for-155000/ -
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The amount of time I spent on the project over the last two years fluctuated, but I'd say the average was around 10 hours per week.
As for the price tag... I had my minimums. This whole project wouldn't work unless I could get much more for the site than the $50,000 previously offered. So I was looking for something at least in the low six figures. And I told that to anyone who came with an offer.
That kind of price, of course, isn't what buyers came to me with when it was first put on the market. They all started much lower (including the eventual buyer) and only a few went into six figure territory. And that was only after getting my stats (primarily how many visitors and how much per month in ads I was making).
Combining the above numbers with the intrinsic value of the domain plus the fact that I did this as a one man band in my spare time (meaning that the present value of the future cash flows could be much higher if more than 10 hrs. per week was used)... I was able to show just how powerful blogging plus a decent domain can be.
As for the who... The buyer has requested that I not disclose that info as of now.
By the way, if anyone is interested in working with me on this project here at TechConsumer.... Email me:
TechConsumer at gmail dot com
Don't U agree?
However, enjoy the money. ;)
It is worth $ 3,500.
http://micahkinz10.wordpresss.com
It's a Webkinz Blog I built.