I bought a side project from someone else that was doing 2K per month at the time and 4 years later, I have turned it into a 10+ person company (yes bootstrapped so slow but controlled growth and I own 100% of the company). So pretty happy about it. It cost me 60K upfront though which I had saved by working a miserable Wall St. Tech. Job.

I just couldn't figure out how to get out of that routine. I had tons of ideas but could never work on any of them. So I decided to take someone else's validated idea and grow it further. The point was to get STARTED somewhere. Force yourself into it. I forced myself into it by buying that side project and then quitting my job 4 months later. My income went down but couldn't be happier.

EDIT: So a few of you asking how I found the project. It was flippa. Yes, I know it is needle in a haystack. That is where I guess the luck factor comes in. I was just browsing that day and came across that project for sale. It looked perfect for me and I talked to my wife and put a bid. Leap of faith really. I never met the seller but he was an excellent marketer. THe software was crap but he had already built a very small paying audience which I knew could do a lot more.

If anyone is interested, I wrote a blog post on how to buy an online business. Linked on profile.