Or don't have the time. I have/had profitable projects that don't take much time, but they'd be more profitable under someone who isn't spread as thin.
This is why I sold a website making about $150/mo in ad revenue for $5k. I knew the site could make more, but had other things on the go and I couldn't spend the time on the site to improve it.
The person that bought it from me did make those changes and did make more money, but I just didn't have the time to get there. Win-win for me
Anyone with time for SEO/content work, general outreach and so on, could definitely capitalise on these opportunities. Many people building these projects don't have the time or interest in the more social side of it.
I know web development and my wife has been hankering to learn SEO / web analytics on her own. I would definitely buy spend 5-10k even if it is just so she can get some real world experience learning SEO in the real world.
There’s loads of online courses and even free YouTube resources where you can get started for free. Learning from the ground floor with something you built from scratch is far more illustrative IMO.
I was about to post a question about sale prices as a multiple of revenue.
Someone bought it with 2.7 years break even ? Assuming close to zero ongoing cost + labour. That’s surprisingly high
I expected a .5-1.5 for micro sized revenue
The person that bought it from me did make those changes and did make more money, but I just didn't have the time to get there. Win-win for me