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Would I Buy One Mans Goal Again?

This is a video post in responce to a comment Mary left the other day.

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  1. 23 Comment(s)

  2. By Missy on Sep 6, 2008 | Reply

    There is no doubt in my mind that you are going to be successful in life. Why?

    Because you’ve already done it. You’ve already had success in real estate, school, jobs, etc.

    One thing i pick up from all your video posts, is how very honest you are. That is very refreshing to see. Not honest, as in you don’t lie, but honest as in you lay it out for all to see. You come across to me (and im sure to others), as being a very open book type of person.

    Regardless of what happens with this blog, you have already proven to yourself that you can have success. You’ve done real estate successfully, you’re held various jobs successfully, you’ve made a good deal of money for someone your age.

    We don’t always hit a home run, but we all have our moments.
    I can tell from this video post, that you have learned and wont be forking over $10,000 for a venture you might not be very well versed in.

    The issue isn’t that it was a mistake, the issue is that it was an expensive mistake. I for one do not have $10,000 to fork over for a house, let alone a blog.

    I have to clarify, because i think that some of my previous comments have come across not the way i intended. I’m in your corner, always have been. I think you’re a good guy.

    I would never belittle you or make you feel bad, for acting on an idea or a plan. You’re young and don’t think for one minute you’re done making mistakes, because you’re not.

    Heck, i’m thirty something and i make them all the time. And i will continue to. I like to think i’m relatively smart and a hard worker, but i still don’t have life figured out.

    Well this comment is turning into a therapy session. LoL. I’ve adopted you, your like my adopted e-son. Point is DO NOT FEEL BAD, and DO NOT LET ANYONE KEEP YOU FROM ACTING ON YOUR IDEAS.

    Keep on trucking. Peace. Love. Hugs. Look forward to your next post.

  3. By Luis Gross on Sep 7, 2008 | Reply

    I’ve arrived at this blog through a series of clicks, rumors, and “myths” about this blog’s history.

    From what I see in this video post, you weren’t nerdy Marc, you were smart!

    And you seem like a swell, kind-hearted kind of person from what I’ve seen so far.

    To be honest, none of these MMO blogs are worth even $5,000. Unless, we’re talking about sites like ProBlogger, DailyBlogTips, and CopyBlogger, then they’re worth a lot more.

    These numbers are inflated by narcissistic owners, who feel their beloved blog is worth $1,000,000 because of all the “quality” content they wrote.

    What determines a business’ worth is the amount of income produced by it, multiplied by at least 9. Not how neat, customized, or how popular a blog is — yet people still decide based on these variables.

    I don’t know exactly how great this blog was before you purchased it, or if it even generated an income, but it’s not your fault Marc, it’s not.

    I can’t believe people are calling you names, and saying bad things about you — you didn’t know.

    If anything, fingers should be pointed at the person who sold this blog, knowing it’s not worth what you payed for it — he’s the bad guy!

    Sure, a deal’s a deal. But, not when you mislead someone into that deal with inflated numbers and income — which seems to be the case for this blog (correct me if I’m mistaken).

    To be honest, this pisses me off. And, I’m sick of seeing these shitty blogs sell for $8,000 on Sitepoint — when they’re only worth $1,500 to $2,500.

    I wish you the best of luck with your endeavor Marc, and commend you for being the young entrepreneur that you are.

    I’m 19, and I haven’t made half the moves you have.

    I admire and KNOW you will succeed! Don’t give up Marc.

    I’m on my way to subscribe to your blog.

  4. By Blog Flipping on Sep 7, 2008 | Reply

    Luis, for someone who reads and comments at my site (SiteFlipU) regularly, and seems interested in blog flipping, you’ve failed the first lesson with flying colors. You say you are tired of seeing blogs sell for 8k when they are worth much less, yet you are failing to realize the first principle of sales. When dealing with a marketplace, the object you are selling is worth only as much as people are willing to pay. So these sites that are selling for 8k+, you’ll generally notice have multiple bids, offers, questions, etc. They are worth exactly what people are willing to pay for them.

    When selling blogs, you are usually dealing with pretty savvy investors with a few wet behind the ears types like Marc mixed in. It’s impossible to know what they will do with your “baby” once it’s sold, and to be honest… it’s out of your control once you transfer ownership.

    I think you’re like many others that think blogs are worth very little since they are merely the product of the authors thoughts, a $10 domain, and a hosting bill. Blogs are the wave of the future, and some are already selling in the MILLIONS of dollars, and you’d be surprised how un-impressive a lot of them are. So, as I said, those blogs that you think are worth much less, are obviously worth the asking price to the people buying them.

    And I was the one that sold One Man’s Goal to Marc. It’s more of a story of wrong place wrong time than foolish investment. Like he said, he came at the tail end of the MMO boom, and the $1,400 or so that this blog was making monthly from Sponsored Reviews and Text Link Ad sales quickly fell off the face of the planet. Do I feel bad for Marc? Of course. Do I have trouble sleeping at night? No. I didn’t do anything deceptive, and the blog would still be making great money if he was allowed to use ALL available outlets. It’s not like insider trading… I had no clue that the top money sources of this blog would be phased out in the subsequent months after Marc’s purchase.

    That said, do I think buying this blog was right for Marc? Only time will tell, but I’ll tell you this… you can’t start an empire without laying a few bricks.

  5. By Blog Flipping on Sep 7, 2008 | Reply

    One more thing. Marc, I think you are making great strides in this endeavor. It’s amazing how quickly you are learning that a flagship blog isn’t generally your money maker. Kudos, and keep up the good work.

  6. By BarryO on Sep 8, 2008 | Reply

    Good vid there Mark. In another field, I regularly lost $1-2,000 a week with mistakes, errors or just being too “cocky”, but every time it happened I realized the loss was part of the game (I still felt bad). The Net profit at the end of those months were $10-20k. Would I would have made that money without the lessons those losses kept giving me, probably not.

    Bryan is out there to sell for the Max he feels he can get and I can`t see any wrong if a buyer takes his offer.

  7. By Luis Gross on Sep 8, 2008 | Reply

    Hey Bryan,

    I guess I have failed. I thought what gave a business its value and worth, and ultimately its price tag, was the revenue produced by it — not sentimental value.

    But, you certainly are correct, it’s worth whatever the person bids for it — no argument there.

    “I think you’re like many others that think blogs are worth very little since they are merely the product of the authors thoughts, a $10 domain, and a hosting bill. Blogs are the wave of the future, and some are already selling in the MILLIONS of dollars, and you’d be surprised how un-impressive a lot of them are. So, as I said, those blogs that you think are worth much less, are obviously worth the asking price to the people buying them.”

    Gees, I’m part of a crowd?

    If it is only a $10 domain, the Author’s thoughts, and a hosting bill, it is worth “very little”.

    Unless you have an extremely large audience, 300k uniques per month and better, or something along those lines, no blog/site is worth $1,000,000.

    You need at least that many visitors to make $5,000 from private advertisers monthly. Unless you have a product that can make $111,111 in revenue with less traffic, so that you can at least sell it at 9x revenue, then I don’t see what blogs/sites are going to sell for $1,000,000 Bryan.

    These are sites worth that much, and yes, they are unimpressive: perezhilton.com, dlisted.com, plentyoffish.com

    But these sites are certainly not the kind I see being sold on sitepoint — those really suck and aren’t even popular.

    The ones I see are just about blogging, and only receive 20k uniques per month, no income, and are charging $6,000 to $10,000 — how do you justify almost 5 figures for a blog about blogging with no income?

    LOL! How will you ever make your money back? You won’t, because it’s not worth that much.

    But, hey, it’s like you said, ” . . . those blogs that you think are worth much less, are obviously worth the asking price to the people buying them.”

    No argument there.

    My point was really towards people calling Marc names, and saying that he’s stupid or dumb for buying this blog. I was trying to justify that he didn’t know what he was getting, and I did say I didn’t know about the blog’s condition or income when purchased.

    But, thanks for the clarification on your part Bryan.

  8. By Blog Flipping on Sep 8, 2008 | Reply

    Luis, I still think your thoughts are a bit flawed, but we can agree to disagree on this one. I’m not sure where you are getting your numbers, but you are taking too personal of a stance on what’s worth what. All the stuff you just mentioned would make a blog not worth the asking price to you, but to others, it’s solid gold.

    It’s a virtual gold rush right now, and people are scooping up sites left and right. Just like with “onemansgoal”, sentimental value doesn’t figure into the price. I didn’t set the price, I let the bidders set the price. So, it wasn’t that I was thinking the blog was worth more out of sentimental value. I just let the bidders tell me how much it was worth. And had I held out another 24 hours, I would have made an additional 4k or so. I jumped the gun on this one, but I was pretty new to selling sites at the time.

    Just remember, Luis. Our personal indications of how much something is worth, means very little on the market. I pass over blogs that I could be flipping daily, because I don’t see the value in them. Well, the sad part is, someone else does… they’ll buy those blogs that I should have bought to flip, and they’ll flip it themselves. I’ll see it all the time, and they are making the profit instead of me.

    It’s really a matter of opinion, and it’s not just blog flipping, it follows every market. Take art for example. Would I spend $100k on a painting that I didn’t like? Not a chance. But that’s not to say that there aren’t people out there that will like it, and will spend the money.

    If you want to be a blog flipper (like you say on my blog), you have to be more objective, and less impulsive. You have to take emotion and personal prejudice out of the equation to be successful at any commerce based market.

  9. By Marc on Sep 8, 2008 | Reply

    @Missy - thank you for the support

    @Luis - thanks buddy, I’m glad to see you getting started at 19, your going to kill it if you stick with it.

    @Barry0 - If your scared to make mistakes than your not doing to learn. Scared money doesn’t make money

  10. By Blog Consultant on Sep 9, 2008 | Reply

    Hi Mark,

    Well I don’t know where to start on this one. This is Neal from the affiliate post just so you know. As you may or may not know I recently sold my blog on sitepoint so am ‘between blogs’ right now, I am also between houses so have not been as active as I would have liked on the blogosphere recently.

    As you know I did follow the whole sale of this site closely and have been behind you all the way when you took the origianl flack for ‘another dumb ass is born’ and all that. I’ll tell you what mate, I come to this site for some grounding and to see your progress more than anything else. By that I mean that you are one stand up guy and have been so open in your blogging from day one…something that, as Missy pointed out, is really lacking in so many (especially in the MMO niche). This video has to be one of your best yet. For me, you said it all when you mentioned that some people never do anything! That is so true and I bet you that a lot of those people were the ones slagging you off originally.

    You have done things that not many 20 something people ever do and I truly admire your work ethic…again something that is seriously lacking in a lot of people. Your choices may have been different but you have the foresight to live with your own decisions and to take the good points from your experience and move on to better things. Sure it has been a VERY steep and public learning curve but I have no doubt that it has benefited you no end!

    I would not go so far as to say that you have done a 180 but more that you have learned to roll with the punches and adapt to the online environment. Like you say, if it were not for OMG you would have missed out on a lot of tricks and you have also stuck with it and fought those doubters…..a lot of whom got behind you and have added to the benefits you have gained.

    Anyway, not wanting to speak for you here as you said it all in this video…..I just wanted to say well done to you Marc.

    Addressing some of the other comments here I have to say that I just sold my blog for $555! Thats right, 6 months worth of effort and a laughable five hundred bucks return. I see Luis moaning about over inflated prices on sitepoint yet his site is for sale with a BIN of $2500 - justify that with $10 a month revenue?!?!

    I am not having a go here…I personally thought my site was worth so much more and got offers of circa $1k before one buyer re-neged on an arangement and left me short. Lesson learnt. I am an avid follower of the market place and I do think you will be hard pushed to get much more than your current bid of $550. Unless of course you get lucky and find a buyer that sees more potential in your site than anyone else. Take Marc here as an example…point and case.

    On that note, I think perhaps a trip throught the archives here are in order. Marc openly admits that he knew what he was getting and was happy with the purchase - Bryan was also fully supportive of Marc and went above and beyond the call of duty so far as after sales care went. All that was lacking was experience and that he has in abundance now….all $10.5k’s worth!!!!

    Finally….I bought a site from Bryan in his recent site flipping contest and will be publishing a full case study in due course, so look out for that.

    I’ll be back soon ;)

    Cheers Marc!

  11. By Mary on Sep 9, 2008 | Reply

    Arguing semantics. A blog is worth what ever someone is willing to pay for it? So if I sell someone a used car that is an absolute lemon for $10,000 then that makes the car truly worth $10,000?

    As far as sponsored reviews and TLA…back in January the word was out like wildfire that those forms of income were no longer acceptable.

    There was a PR slap in or around January that had the whole friggen blogosphere in an uproar. Sponsored reviews were no longer considered White Hat. Yet the man who sold this blog claims ignorance.

    I love how some guys call their blog their “Baby” what a bunch of BS. Sentimental value is just that…sentimental.

    My main point here is that TLA and Sponsored reviews have been OUT since January and EVERYBODY knew that!

  12. By Luis Gross on Sep 9, 2008 | Reply

    Blog consultant,

    My blog is well worth $2,500 sir. As I said in the auction page, it can be monetized in ways I don’t bother to use. In effect, the potential of the site offers a lot more revenue.

    Either way, are you kidding me? I receive over +11,000 page views per month from +5,000 uniques. Include the number of incoming links, and that alone is worth $2,500.

    Not to mention traffic literally doubles every month.

    And sir, I had 4 offers of $1,500 and turned them down.

    Mind you, I said prices above $5,000 are not worth these type of MMO blogs.

    And about that $550 bid, my site’s only been on auction for 3 to 4 days. Don’t be sad because you had a long auction and at the end of it all you only received that much.

    And by the way, if the blog you linked to in your comment is the site sold, just from your Alexa rank I can tell you my site is worth 5 times more than that.

    I think you need to re-read what I wrote, and think before you type. Maybe a little punctuation will help people understand you more clearly — I don’t know.

    But, you sir, are talking out of your ass.

    Have a nice day — :)

  13. By Marc on Sep 9, 2008 | Reply

    @Neal - good to hear from you I noticed that you had been away for awhile. How much did you get for your site? Thank you for the words of encouragement.

    @Mary - I do wish I would have known

    @Luis - what up bro, good luck with your site. Ease up on Neal he is cool as shit and he sent me a personal e-mail just like you did to help me out. Your more similar than you think.

  14. By Blog Flipping on Sep 9, 2008 | Reply

    I don’t think it’s anything to fight about, just a nice debate here, but Luis, Neal is right. You said that blogs were overpriced, and I don’t doubt that your blog is worth every penny of $2,500 - but it’s hard to justify with $10 worth of revenue.

    Take One Man’s Goal for example. It sold for $10,500 with $1,400 of revenue, or 7.5x monthly earnings. Extremely reasonable, and in fact, a bit underpriced since most blogs sell in the neighborhood of 10-15x earnings.

    Your site on the other hand, is quite nice, and I’m sure you’ll get close to your asking price. But you are asking a staggering 250x monthly earnings! Blogs don’t sell on potential, people want results. I know you state that you pass up on some monetization avenues, but you still may be pushing the envelope of “sentimental value” because it’s worth that to you.

    That said, not arguing your motivation. I’m all for “it’s worth what they’ll pay for it”, so if they pay it… good for you! Just a quick observation.

    And Mary, you’re an idiot. The more you open your mouth, the dumber it makes Marc’s readers. If you remember correctly, when the first round of PR slaps happened, we were all speculating what could of caused them, and it was only a handful of blogs that were affected. It wasn’t until 5-6 months later that the truth was somewhat revealed. And we still aren’t 100% sure what caused the slaps. It’s all educated speculation. Google never publicly admitted that Sponsored Reviews and Paid Links were the cause.

  15. By Mary on Sep 9, 2008 | Reply

    “And Mary, you’re an idiot. The more you open your mouth, the dumber it makes Marc’s readers. If you remember correctly, when the first round of PR slaps happened, we were all speculating what could of caused them, and it was only a handful of blogs that were affected. It wasn’t until 5-6 months later that the truth was somewhat revealed.”

    –yeah, ok. Browse the MMO blogs archives all around the net wherever you can find them. You knew that. Everybody knew that. Pay Per Post went down the shitter so fast it wasn’t funny. Don’t pretend you didn’t know that. You slimy salesman, you put the screws to a total noob and knew it!

    Everybody knows it and almost everyone agrees with me I would bet. It’s just too much to fake your ignorance about sponsored reviews. That’s selling links…against Googles TOS. It was on all the big blogs etc…you knew it. You’ve been outed in the most embarrassing way I might add!

    I wont speak for marc cuz he’s a really nice guy and is careful with his words, but I really think that he knows you screwed him. He just makes the best of it. later BITCH.

  16. By Austin on Sep 9, 2008 | Reply

    Marc,

    I’m glad that you say you’d still purchase the blog if you had it to do over, because I’ve felt a bit guilty at times that I sold the blog back to Bryan.

    I haven’t gotten (and won’t) into the negative (or positive) aspects of Bryan Clark, because he’s just a guy. There are a lot of guys. Sitepoint has hundreds of sites for sale right now. Who can best say which ones are values and which ones are … not values? There has to be some Caveat Emptor when it comes to buying domains with X added value, with simple screenshots of revenue, etc. (not talking about this site in particular). I mean I’m buying a couple postcards on eBay for $5 and I’m checking out the seller feedback - and we have anonymous sellers (unlike Bryan and his sell of OMG) selling sites and people are bidding worry free?

    Buyers are making bids and they don’t know how to look in archive.org, or do a whois, or check for duplicate content at copyscape, or look for sales history, or look at keyword values, or, or or or or.

    These buyers (not talking necessarily abou Marc) place bids and they’ve never met the sellers, and have done (sometimes) very little research. Then they’re going to turn around and blame the seller for being dishonest.

    Well… Yes, sometimes that’s the case. BUT - there has to be some personal responsability too.

    Assuming that a seller doesn’t place fake bids (private bidder) or make fake earnings declarations, then if bidding is what causes a price to go high, how can anyone blame the seller. Both of these, of couse, would be hard to prove, or to know of at the time someone bids.

    (I suppose the only way someone could know this for sure is if they later were able to use the same password from the domain they bought to login to a second account at Sitepoint, where the bid was made from. And hey - what are the odds of that? 1 in 1,000,000?)

    So to blame the sellers forever is… pointless. It’s counterproductive. Most sellers are going to disappear, but Bryan sticks around - trying to help Marc, to participate, defend his name - whatever is the flavor of the day. So unlike most sellers (good or bad), he’s still here to hear complaints, accusations of this and that, etc. You have to admit, that’s something you’re not going to see when most people sell a site.

    Anyways - moving on - Marc, you sound really smart. You’ll get smarter as you get older, and that’s really true - anyone that’s older knows that’s how it works. So yeah, you were smart for your age like you say, but you’ll get smarter.

    OneMansGoal.com seems to be a good learning experience about lots of different things. If you’re smart, you’ll definitely be money ahead by remembering all of the lessons (whatever they may be - internet, business dealings, network, etc.)

    I had a friend that lost about $5k on a business deal a few months ago. He’s a businessman that does very well for himself. When he lost his money, he learned that nobody is King Midas, and not everything a successful person does will turn to gold. How fortunate for him that he learned on a deal of that size, rather than one with another zero, or two behind it.

    My two cents is that hey - yeah there’s money to be made online, but there’s so much money to be made in THE REAL WORLD. Internet is so shiny and all, but you’ve made money in real estate, you’ve had the balls to start new businesses or buy businesses (like OMG) - don’t put all your eggs in the internet basket.

    Again, so glad to see your vid and hear your attitude. I’m sorry if I wronged you in any way.

    Austin

  17. By Blog Consultant on Sep 10, 2008 | Reply

    @ Marc: Yes, I got $555 for AP. Not good value for the effort I put into it but hey, thats life. I am not sad, as Luis insinuated, but actually quite liberated. Not having to blog on that everyday has freed up my time to get on with making actually making money.

    I do think a lot of people get sucked into MMO blogging but don’t realise that it really is the least effective way of making money online; not only that but it is a huge timesink! Always here for you buddy, you know that!

    @ Luis: I have openly said on this blog before that I am not one for wasting time by getting into pointless arguments with other bloggers. Bloggers who know me by name instead of anchor text (which was included for your benefit), will tell you that I am nothing but constructive and helpful.

    Quite frankly I have better things to be doing. However, as you chose to come back at me all jumped up, I feel the need to point out a couple of things. First of all, I have re-read what I wrote and stand by every word 100%. Being English, I see no fault whatsoever with my punctuation and I strongly suggest you re-read my comment as you are missing the point entirely. Maybe that will help you understand more clearly - I don’t know.

    Not only did I point out that I was not having a go at you (I actually like your blog and have been reading through it since you appeared on the scene over at siteflipu) but I was merely using your site as an example against what you yourself had written.

    You said, and I quote, “What determines a business’ worth is the amount of income produced by it, multiplied by at least 9.”
    Does this or does this not value your very own site at $90 based on your calculations?

    I think it is worth much more than that, but you are sending out mixed messages. Your current bid of $600 is a reflection of the fact that you ‘could not be bothered’ to monetize your site to its full potential, and I am quite sure buyers are slightly perturbed by the fact that your anchored text is your own name; that might explain why only 22 out of 4862 visits last month came from google.

    The fact that you jumped on the defensive at the first given opportunity leads me to believe that you have a lot to learn. Again…..I write this as an observation not a personal attack. I’m no A-lister by any means, but taking constructive criticism is part and parcel of the online learning experience. Marc is a superb example.

    Finally, why on earth would I be building links to a site that I have already sold?

    Talking out of my ass…I don’t think so mate! Enjoying this debate….hell yeah :)

  18. By Luis Gross on Sep 10, 2008 | Reply

    For the record, this is the last comment I’ll be posting on this post in particular — this is getting quite out of hand.

    Marc, you’re doing great bud! And I apologize; I’ll try and take it easy on ol’ Neal. I’m sorry about commenting so much — last one promise!

    Neal, you really expect to get away with your first comment, as incorrect as it is, and expect me not to get all “jumped up”?

    You state I complain about overpriced blogs on sitepoint yet mines has a BIN of $2,500, and how could I possibly justify it with $10 monthly earnings — Bryan concurs.

    I clearly say much more can be achieved. It’s potential that’s already there, which is not being used. Meaning all you have to do is get advertisers. No upgrade or traffic boost to obtain stats advertisers are looking for is necessary — The stats are already there. Just go look for advertisers.

    Now, how would you justify the start-ups being sold? Bryan, you sold that eBay site for $400, no revenue earned. That means you were charging for the building of the site; custom theme, domain, content (10-15 articles), and a way to monetize it — Labor, that’s it.

    My site can very well earn +$400 a month, if, like Neal says, “I bothered”. So, that’s my justification for my site having a BIN of $2,500 — whether or not you feel people want “results” and not “potential”.

    So, how would you justify the prices on start-ups you sell again? Aren’t all of those (start-up sites) based on “potential”?

    Those sites have no traffic, no money earned, no readers, nothing. They’re brand new.

    So, if those are worth $400, what’s mine worth?

    I based my price on what other sites are selling for on sitepoint — not what I wanted for it or its income (even though I feel income determines price tag).

    i.e., there’s no way I’m going to sell my 6 month old blog for $500 when week-old sites are selling for that much — so, I ignored the income factor.

    Makes sense, don’t you agree?

    “I see Luis moaning about over inflated prices on sitepoint yet his site is for sale with a BIN of $2500 - justify that with $10 a month revenue?!?!”

    Neal, stating that you’re not having a “go” at someone, then doing it, doesn’t make things OK. Sure, you state you don’t mean to have a “go” at someone, but you did it anyway — it happened; I responded.

    “and I am quite sure buyers are slightly perturbed by the fact that your anchored text is your own name; that might explain why only 22 out of 4862 visits last month came from google.”

    If you’d know any better, a lot of people will mark you as spam for keyword-linking in the name field. It happened before and I avoid it, so that I won’t get blacklisted by Akismet.

    Want to debate that too? Go to Problogger and you can find a post with an entire comment section of angry people who hate keyword-linking in the name field, so they mark them as spam.

    Also, you might want to contact Matt and ask him personally if keyword-linking in comments is a good idea.

    Being an English major and an avid reader, and judging from your terrible use of ellipses, commas, and so on . . . I will tell you again, you need a lesson in punctuation.

    And finally, who in the world intentionally builds links through comments?

  19. By Blog Flipping on Sep 10, 2008 | Reply

    This is getting a bit out of hand. You guys are both awesome, and I consider both of you guys friends. However, Luis, your comparing apples to oranges.

    The ebay site that sold for $400 was definitely sold merely on potential. It had no traffic, no revenue, just a nice design and some good content. You are correct on that one, and if you base your sale on that, your site is absolutely worth $2,500. But like I said, apples to oranges, because sales like the eBay one aren’t common. I set a BIN that high really as an experiment to see how much people would pay for that type of site… it’s not typical, and I haven’t sold another one that high before, or since. Someone obviously just got excited and bought it.

    If you want to do a true comparison so that you can intelligently price your auctions, search the marketplace for sites that have similar traffic and revenue numbers, and then list your site for slightly higher than the average one goes for. Works almost every time.

    The potential you speak of in your blog is definitely there. I can spot it from a mile away, but your justification that it’s worth more because it CAN earn more won’t hold water with most buyers. You say that all you have to do is find advertisers, etc. But we all know that finding direct advertisers is the hardest way to monetize a blog. They don’t stick around long (usually), and they don’t generally come looking for you. It’s more work. The potential is there, but it’s not going to sell based on potential. It’s established, so it’s going to sell on what is already in place.

    I’d be absolutely shocked if this blog exceeds $1,500. But that’s still a good payday for your first flip, my friend. Keep it up, and keep going after the next one.

  20. By Marc on Sep 10, 2008 | Reply

    @All - I’m out of this one. However, I have one thing to say. Bryan, don’t give mary shit because see has given me the most advice to date. At first you helped me a lot, but now you only come by to defend yourself and get anchored top commenter links. I love you stopping by but don’t give a hard time so someone who is hear to help.

    Marc

  21. By Reader on Sep 11, 2008 | Reply

    >> My main point here is that TLA and Sponsored reviews have been OUT since January and EVERYBODY knew that!

    Both were considered blackhat in October 2007, that’s when the slaps began. By January much of the bitching about Google was over and bloggers had resigned themselves to the brave, new world.

    I have no trouble believing that MMO douchebags can sleep at night. It’s easy to sleep on a $10,000 pillow.

  22. By Blog Consultant on Sep 11, 2008 | Reply

    I have so much more to say on this matter but we are getting nowhere. I agree with you for the most part, yet disagree on some of the finer points and you continue to take my comments out of context.

    Having watched a video of yours today I can understand more clearly as to where you are coming from. Good intentions are often lost in text if you are unfamiliar with whom you are speaking.

    I’m not looking to fall out with you, but nor am I backtracking on my comments. An email is winging its way to you shortly Luis.

    Thanks Marc for letting us air our opinions here - you of all people have had enough controversy already I’m sure. Big G must be loving it though!

    What’s next?

  23. By cohnsey on Sep 11, 2008 | Reply

    How much did it cost you to buy this blog?

  24. By Marc on Sep 14, 2008 | Reply

    @Cohnsey - 10,500. I know, I know. I was a mistake but I’m making the best of it.
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