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by pinguin3 1145 days ago
Id buy a more simple business. Online websites are like casinos. Who still uses myspace or altavista? Laundromat, cleaning business or something like that, that almost never goes wrong. Then with the stable income do the risky investments
1 comments

That sounds like a good idea. Usually I find these businesses cost a lot, which would leave me with nothing for another business. The return is good if it were completely hands off but most businesses never are. Meaning I would have to leave my well paid full time job to run that business. Have you tried this approach, what was your experience?
I tried the other approach, buying some websites. It can be good but can change quickly. I’d invest money in boring business now that generate cash flow, but yes it can be pricey. Maybe there is some middle ground like renting a car, airbnb etc