Hey there,
Happy Easter, if you celebrate it!š£ My son is enjoying a 4-day weekend from school. Iām using this time to catch up on end-of-month work.
My Q1 income report is coming out in a week or two!
I release it to members of my paid Substack!
If you want to see it, plus get other perks like my Gumroad Growth course for free and other juicy perks, at just $5/month or $50/annual, you can get in!
Selling Off Your Business Assets to Capital Inject in Future Projects
I see this all the time, especially with website flipping.
Often, a website owner will sell off one or more of their website properties to raise cash for an upcoming project theyāre working on.
It can happen with websites, newsletters, social media channels, you name it!
If youāve got a business asset, you can sell it for cash!
This can happen at any moment and it really makes you think about the value of your business.
I recently saw 2 businesses I thought would be around for a long time, announce that they were going up for sale!
Niche Investor is hosted by an online friend of mine in the website flipping space. This is her brokerage site where she helps people buy/sell sites. I remember when she started flipping sites with one site and she built up her business to this amazing level! Now, itās up for sale!
Under2K is a newsletter I started to get more into recently. It featured websites (and other assets) for sale under $2K and it actually already sold!
If youāre looking for this as an option, here are some of the places you can go for this:
Flippa: Sell websites, domains, newsletters, social media accounts, digital courses, entire businesses, etc. (my #1 place for flipping starter sites)
Motion Invest: Sell websites
Empire Flippers: Sell websites and businesses (Iād recommend this place for high-value businesses selling for at least six figures - Iāve used these guys before and had a good experience)
Facebook groups: An untapped resource, I assure you. Iāve seen a lot of business done in FB groups. Find your niche, join the group and then through networking and connection, you might be able to find a buyer to purchase your business asset.
There are SO MANY things you can sell, as a part of your business.
Some uncommon assets you might not think about are: a Medium publication, a newsletter, a social media account, a digital product you created, a social media group, etc.
Make sure you check with the platform to ensure selling an account can happen so you donāt come across any hang-ups.
For example, in the past, I reached out to Teachable about my interest in selling one of my courses to a buyer and they gave me the info I needed and answered my questions about if it was possible or not.
Weāre heading into a new season (Spring) and with almost half the year gone, this could be a time for transition and new beginnings!
If you need to or want to sell your business assets, there are options!
An Easter Sale/Gumroad Sale
Gumroad is hosting Gumroad Day in a few days. Theyāre waiving their transaction fee for the day!
So, in honor of this, Iām hosting a sale, passing along the savings!
With code APRILROCKS you get 25% off my Gumroad products.
The sale is happening now and ends on April 5th, 12:01am CST.
I have courses, ebooks, and mastermind coaching groups about my favorite business topics:
Pinterest
TikTok
Website flipping
Email marketing
Content creation
Content and writing
My new ebook, Faceless Email Marketing may be of interest to you!
This ebook unveils my email marketing strategy for making money online.
It also highlights my strategy for earning an extra four figures in income in the last month from the new project Iām working on.
You can see the ebook preview here.
Also, if youāre an affiliate, you can buy through your affiliate link to get a huge deal (equal to 65% off).
If youāre not an affiliate, click here to join.
Head to my Gumroad store and use code APRILROCKS while the sale lasts!
Hope you enjoy your weekend!
Cheers,
Jenn