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Old 09-01-2008, 02:00 PM   #76
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Re: My website ownership experience

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What can you do to get your site to show up higher in the list of Google searches?
This is a question that could take a book to answer, but the short version is that you need quality links to your site. It is difficult to get these links, but if you create a quality site with good unique information, people will end up linking to it for free.
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Old 09-01-2008, 03:11 PM   #77
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Re: My website ownership experience

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Nice thread. Slightly OT...

In the past I've taken sites that seem to work well for the English speaking world & developed Japanese versions. However, I've been overly ambitious & though I've successfully built the sites I really haven't been able to market them. An example was a Japanese version of rentacoder.com which never got off the ground because I was unable to create the necessary marketplace to make it viable. However, there are a lot of Japanese (.jp or .co.jp) names available & I think something simpler that uses google adsense program might work. Does anyone have any suggestions for something that is doing good business & might translate well?
I think there is a HUGE opportunity for sites like - particularly for the BRIC countries that are still ramping up.

I haven't put too much thought into it yet - but the web is still in the "wild west" even in the US - these countries are way behind.
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Old 09-02-2008, 04:42 AM   #78
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Re: My website ownership experience

I've decided to go for the $1000 education program. But I'm a dumb card player with no real world financial transaction experience other than bank wires to the Bellagio.

I read that you should make sure that ownership to 'everything relevant' is transfered to you. How does this work? What's sufficient proof? There's no way I would be able to tell the significance about some scanned piece of paper with a signature. How will I know I'm not getting screwed, like 'yeah well that's not my signature' or 'lol pwned I still own the copyrights to that database system you're using!'

I mean I kind of have an 'I'll ship you the money and you ship me the site, takes 5 seconds' mentality, but it prolly doesn't work that way. When dealing with online purchases or poker sites I just assume everything is on the up and up because so far it's been going OK, but I would have no idea how to actually check that mysel.

EDIT thanks a lot all for all this advice by the way, and great blog! Cool that you're willing to share all that.

EDIT2 also I remember you from that ok guys lets set a timeline and all build our own site thing back in the day. Guess it paid off for you to go through with that!
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Old 09-03-2008, 05:54 AM   #79
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Re: My website ownership experience

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I've decided to go for the $1000 education program. But I'm a dumb card player with no real world financial transaction experience other than bank wires to the Bellagio.

I read that you should make sure that ownership to 'everything relevant' is transfered to you. How does this work? What's sufficient proof? There's no way I would be able to tell the significance about some scanned piece of paper with a signature. How will I know I'm not getting screwed, like 'yeah well that's not my signature' or 'lol pwned I still own the copyrights to that database system you're using!'

I mean I kind of have an 'I'll ship you the money and you ship me the site, takes 5 seconds' mentality, but it prolly doesn't work that way. When dealing with online purchases or poker sites I just assume everything is on the up and up because so far it's been going OK, but I would have no idea how to actually check that mysel.

EDIT thanks a lot all for all this advice by the way, and great blog! Cool that you're willing to share all that.

EDIT2 also I remember you from that ok guys lets set a timeline and all build our own site thing back in the day. Guess it paid off for you to go through with that!
Dale,
The transfer is more complicated than that, but the domain name transfer is very simple and can be done in 5 mins. If you have ever uploaded or downloaded a large file, then you know that some transfers can take some time. This could be the case with the site you purchase, depending on how much data there is.

Two things can complicated this process beyond a simple file transfer.
1. Transferring a database(s) - You'll need to read through a tutorial on the internet about how this is done. For small-medium sized databases, transferring through cpanel/phpmyadmin is fairly simple. There are guides on how to do this, and I think I remember writing about it on my blog at some point.
2. Different server settings - This is a less common problem to run into. Most LAMP servers on the internet are set up similarly. For example, I have run into problems where I needed to install some kind of graphics plugin and another problem where my php settings needed to allow larger file uploads.

My advice would be to try to get the seller to agree to do the transfer for you. He'll know the ins and outs better than anyone, so is probably the best man for the job.

If you actually are serious about this, please post/PM the auction listing you are interested in. $1000 is a lot of money, and I wouldn't want this thread to give any kind of false impression that this is a super easy thing to do.
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Old 09-03-2008, 08:21 AM   #80
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Re: My website ownership experience

max - Based on your experience with Sitepoint, would you consider buying any of their education materials? I was considering the "Website Revenue Maximizer" book. Its expensive though.
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Old 09-03-2008, 12:29 PM   #81
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Re: My website ownership experience

spex,
I have never bought any of their books. The only thing I bought was marketplace credits to sell my websites. When I return from vacation I'll download the sample and let you know what I think of it. From a first glance, the included CD-ROM pretty much has freely available stuff on it.
I also have a contact who buys a lot of this stuff. Perhaps he has this one and can let me know what he thinks.
I am skeptical of this kit for two reasons. One, they tout how easy everything is. You and I know there is no free lunch, and if it really were easy everyone would exploit it until profits were gone. Two, the author is supposed to be an expert. Well in this business if he really is successful, his real secrets would be worth more than $200. Or he could be selling a book a commonsense to profit on his success while not revealing too much. Or he might not actually make that much from the business he is writing about.
I would review the sample material to try and determine if there is real information to be gleaned vs. commonsense type info that anyone actually trying his hand would discover. I would also try to see if the author is a poster on the sitepoint forums. If so, maybe you can check to see the kinds of things he writes about.

Sitepoint would be the kind of place that tries to sell real information though as opposed to the obvious huckster sites like http://www.flippingwebsites.net/ They do have a reputation to maintain. Perhaps there are independent reviews of the material in their own forums.
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Old 09-03-2008, 12:49 PM   #82
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Re: My website ownership experience

I'm actually more interested in the non-technical part of the transfer. If someone sends me all the files, or transfers a database onto my hosting service, does that constitute 'ownership'? Could he theoretically claim that I somehow stole it and he owns the rights?

Not that I'm very knowledgeable about the technical side either, but I'm not computer illiterate and am 100% confident that I can pull it off if I look things up on an as needed basis.

So far I haven't set my mind on any site in particular. But I appreciate your offer to check it out, and I hope to take you up on it within a few days!

re: don't waste your money:
The only reason I want one is to see what it's like. Ultimately I see this thing purely as an investment, and I could really care less about the $100 a month a 1k site should bring in according to the 10x revenue model. If I have to do pretty much any work for that at all, it's a 'loss' compared to just playing cards instead. It's the potential opportunity for more serious investment that I'm after.

By the way, would you say that the more expensive the site, the tougher the job? I'm guessing that while it's not probably not like poker, it's not exactly like a big stock market either, where the return will not change much with portfolio size until you're talking crazy money. I mean, is there some skill you must possess or you'll run a 50k site into the ground, but not a 1k one?

EDIT was gonna post some potential prospects that I rejected early to see if I have the right thought process, but I'm feeling kind of tired, it'll have to wait till tomorrow.
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Old 09-03-2008, 01:51 PM   #83
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Re: My website ownership experience

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Originally Posted by Dale Dough View Post
I'm actually more interested in the non-technical part of the transfer. If someone sends me all the files, or transfers a database onto my hosting service, does that constitute 'ownership'? Could he theoretically claim that I somehow stole it and he owns the rights?

Not that I'm very knowledgeable about the technical side either, but I'm not computer illiterate and am 100% confident that I can pull it off if I look things up on an as needed basis.

So far I haven't set my mind on any site in particular. But I appreciate your offer to check it out, and I hope to take you up on it within a few days!

re: don't waste your money:
The only reason I want one is to see what it's like. Ultimately I see this thing purely as an investment, and I could really care less about the $100 a month a 1k site should bring in according to the 10x revenue model. If I have to do pretty much any work for that at all, it's a 'loss' compared to just playing cards instead. It's the potential opportunity for more serious investment that I'm after.

By the way, would you say that the more expensive the site, the tougher the job? I'm guessing that while it's not probably not like poker, it's not exactly like a big stock market either, where the return will not change much with portfolio size until you're talking crazy money. I mean, is there some skill you must possess or you'll run a 50k site into the ground, but not a 1k one?

EDIT was gonna post some potential prospects that I rejected early to see if I have the right thought process, but I'm feeling kind of tired, it'll have to wait till tomorrow.
You really need to think about this as buying a business - not a web site. If you want to play it safe you should consult a lawyer.

As far as technical issues, the most important thing is probably getting the domain transferred to your name.

A side note: A friend of mine built up a website and sold it for around $4000. He simply copied all of the files for the person and transferred the domain once he received payment. However, as soon as the scammer got a hold of the site, he immediately put in a request to paypal to refund the payment, claiming he never received the site.

Since my friend had no hard evidence of the sale, he never was able to receive his money. Paypal advised him to send a CD of the website contents to the buyer via registered mail in future purchases, as this would hold up as legal evidence of the sale.

I'm sure you could always come up with a Buyer's agreement as well that would work.
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Old 09-03-2008, 04:12 PM   #84
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Re: My website ownership experience

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A side note: A friend of mine built up a website and sold it for around $4000. He simply copied all of the files for the person and transferred the domain once he received payment. However, as soon as the scammer got a hold of the site, he immediately put in a request to paypal to refund the payment, claiming he never received the site.

Since my friend had no hard evidence of the sale, he never was able to receive his money. Paypal advised him to send a CD of the website contents to the buyer via registered mail in future purchases, as this would hold up as legal evidence of the sale.

I'm sure you could always come up with a Buyer's agreement as well that would work.
Although I haven't bought/sold any websites, I believe escrow.com should prevent this kind of situation from occurring.

I'd also recommend taking a look at this article:
Taking Payment with PayPal, Escrow and other Online Options
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Old 09-04-2008, 06:15 PM   #85
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Re: My website ownership experience

Wait, are you just plugging sitebond cause ya own it ?
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Old 09-05-2008, 01:00 PM   #86
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Re: My website ownership experience

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does anyone know the law around reusing certain content from another site? like if i wrote a script to get the movie times off fandango or whatever and reformatted them and redisplayed them on my own site - is that illegal?

better idea is to join their affiliate program and they give you the data stream you need + you get paid when people click on the showtime and purchase tickets on their site

use movietickets.com as well, as they cover the theaters that fandango doesn't
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Old 09-14-2008, 07:59 PM   #87
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Re: My website ownership experience

What's the nature of owning a commercial website as far as being a small business goes? Do you need a business license, business tax forms, etc?
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Old 09-15-2008, 07:34 AM   #88
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Re: My website ownership experience

You should be able to do everything as a sole proprietor and just file the appropriate tax forms in Turbo Tax.
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Old 09-16-2008, 03:01 PM   #89
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Re: My website ownership experience

Here's another thing, if I could: I have an idea for a site that is a lot more intensive than the simple hands-off variety. I would like it to make a profit (or I like to imagine it doing so), but the experience would be of value to me regardless.

It would involve querying data from a sizable database (user can select by check boxes and expanding trees--or user can enter data to send) and then performing some basic statistical operations on it, and then returning a result. I'm making initial efforts to get going with MySQL and R, for the core of the back end.

My question concerns the front end. I have never made a page, not an active page, not a simple html page. For all the operations I need, I think there are supposed to be many possible environments to use--PHP, ASP, AJAX, ...?--I really don't know one from the other in the slightest, or when I would need multiple. The question is whether there's anything like an obvious choice--for ease of use or a dominant standard, to approach this kind of a system?
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Old 09-16-2008, 03:13 PM   #90
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Re: My website ownership experience

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Here's another thing, if I could: I have an idea for a site that is a lot more intensive than the simple hands-off variety. I would like it to make a profit (or I like to imagine it doing so), but the experience would be of value to me regardless.

It would involve querying data from a sizable database (user can select by check boxes and expanding trees--or user can enter data to send) and then performing some basic statistical operations on it, and then returning a result. I'm making initial efforts to get going with MySQL and R, for the core of the back end.

My question concerns the front end. I have never made a page, not an active page, not a simple html page. For all the operations I need, I think there are supposed to be many possible environments to use--PHP, ASP, AJAX, ...?--I really don't know one from the other in the slightest, or when I would need multiple. The question is whether there's anything like an obvious choice--for ease of use or a dominant standard, to approach this kind of a system?
My guess is that it doesn't really matter. All scripting languages have basic math built into them, and all the major ones will have libraries available for some kind of stats.

You can do some of the math at the database level, and even write procedures to speed things up. I prefer to do most of my calculations at the script level (PHP) for 2 main reasons:
1. If you ever migrate to a different database, it's easier
2. The calculations might affect the query caching in mySQL

more discussion on PHP vs mySQL calculations here:
http://www.sitepoint.com/forums/show...hreadid=420245

If you want to chat let me know. The most important thing is probably normalizing the database properly so you can easily query what you need. Also, remember to index any important columns that might be part of your 'WHERE' clause.

Last edited by z28dreams; 09-16-2008 at 03:20 PM.
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