Actually, I sold it for $48,000 in less than 3 months.
I am talking about my training program website at www.Wahol.com.
I have been busy the last 2 weeks or so to finalize this project, and that’s why I haven’t been posting here.
About 4 weeks ago, I was approached by someone I met at a trade show back in October, an Internet marketing company, to buy my website/training program at Wahol.com.
I was not surprised, the same company had 3 employees signing up and hinting to me during the beta run of the program.
Due to the success they have found through our sponsors on Wahol.com, they have offered me to buy the site and it’s content, and as you know, I am not the selling type!
However, I thought that it was a great idea, knowing that they will keep my vision and the content will still be the same without any tampering, for example: The program will stay free for members and they will not add any type of cheesy affiliate links in it!
I also know that my loyal members who signed up, will alert me immediately if they find anything that they might not like.
We have now over 700 members, my original cap on members was 500, but you guys kept coming in 🙂
And I noticed that with the help of my project partner Mark and other members on the beta run, that it’s not really that much of an effort to maintain the site, plus the fact that the new buyer asked to open it for the public by the next period, we have agreed on unlimited number of members to the program and the doors will open with a huge product launch on June 15th 2009.
For those of you that may not know, the program runs for a 22 weeks period then 2 weeks break then it starts over again with a very minor updates.
The deal was that we will get paid $30,000 upfront and $3000 a month for the next 24 weeks starting on June 15th, and the buyers identity will be revealed at the end of 2009.
This is me below signing the contract and sealing the deal, the first photo was taken as a surprise to me, so to clarify it, I was not listening to Pink Floyd while I was signing 😉
In the next part of this article I will tell you how I did it, what techniques did I do to sell this site in a very short time. The idea is very simple and doable at almost any blog or website that you own. So stay tuned.
Update: To read part 2, please click here.