$15k/month is $180k/year
$180k/year passive return on $350k/year is over 50%
Can you please share something about how you achieve that level of return? If 50% IRR is 'usual' for affiliate marketing, why isn't competition pulling those returns down?
(genuinely curious, not doubting you!)
edit: To clarify - most people don't sell them because they're literally money makers. Usually they need the money for investments or have unexpected expenses that force them to sell. Some are just tired of their projects, but this is rare.
"If the bootstrapped business fails to make money fast, there's always this option with your amount of money."
So let's say I'm in OP's shoes and I have the $350k. How do I take advantage of this option that's 'always' available to make $15k/month of passive income?
But when they do sell them, why for so little?
You can only really achieve 10x+ for companies that proce they’re growing or have reached significant and stable profitability.
Do you have experience yourself getting that specific ROI (ie, 350k USD investment to get 15k USD monthly passive income)?
Or are you extrapolating from a smaller sample that you have direct experience with, or is this all something you've just read about?
The main reason I openly talk about this: Most people won't do something. They're comfortable. So I'm not afraid to share information because 99% will simply ignore it. And for 1% it'll be life-changing.
Do you mind leaving your mail address? If those returns are stable and you want to sell (in the future, too), I would like to talk. Many others here probably too.
Not looking to sell right now though. This site is in a field I have more than an amateur interest in. I plan to stick around with it for a while :)
1. Great content + organic backlinks. It's slow and takes skill (especially in content ideation and creation) but the results will be enduring
2. Great content + cheap, paid backlinks. This one is much faster but requires a budget and there is a substantial risk that Google will simply shoot down your rankings
You can't compromise on content though
The big ones are flippa.com and https://empireflippers.com/ , but the deals there aren't good. But you can learn a bit about affiliate marketing just browsing the projects.
I understand why some others have said those returns sound unbelievable. It's because they aren't completely passive. It requires absolutely zero skill/effort to put money in the stock market, mutual funds, etc. It requires skill and effort to put it into an online business and maintain or grow that business. Most people can't (or won't) do it.
edit: @badfrog - If he'd asked, I would have provided links (e.g. to flippa.com and similar). OP didn't seem to be interested so I thought it might seem disrespectful. But I've provided links in another comment.
Just a thought: You can generate $15k of monthly passive income directly with $300-350k investment. If the bootstrapped business fails to make money fast, there's always this option with your amount of money.
Developers often miss those obvious ways to make money because these ways aren't technically intricate.
Source: I do affiliate marketing. This are the usual ROIs.
Good luck on your journey!
edit: wrt. the downvotes - that's one of the reasons I don't want to talk about this in public. I agree that it sounds unbelievable, but most people also don't believe in $500k salaries. Many people dismiss those opportunities because they don't believe it's possible.