justincooke

5 ms·

1.
by justincooke 8y ago
Justin w/ Empire Flippers year. Yeah, typically an affiliate site making $10K/month in profit will sell for around $280K - $320K. I understand why some others have said those returns sound unbelievable. It's because they aren
2.
by justincooke 10y ago
I just currently locked down a 12 month lease in Saigon, Vietnam. I've been visiting here often the last couple of years and keep feeling pulled back to the city, so decided to commit to being here for most of the time the next 12 mont
3.
by justincooke 11y ago
How so, Brian?
4.
by justincooke 11y ago
Thanks, Joel, that's a good point. It felt a little awkward/forced running through the details on the different scenarios. I think that would have been much more legible in a blog post or written form. :-(
5.
by justincooke 11y ago
Thanks, Patrick - that's a pretty fair overview of what we do. We noticed that the buyer avatars we used in a podcast (Newbie Norms, Portfolio Paul, Lifestyle Larry, Strategic, Sally, etc.) really resonated with our audience. We'v
6.
by justincooke 11y ago
That's interesting feedback, Ian. Funny, though - some say we charge WAY too much while others say we don't charge enough. Why do you think we're on the high end of the scale. (And, if that's the case, you'd definit
7.
How We're Buying Online Businesses [audio](empireflippers.com)
25 points by justincooke 11y ago|11 comments
8.
by justincooke 11y ago
Pricing is always relative. (and pretty personal) My guess is the place you can get in Austin for $900/month isn't a fair comparison to the place you'd get in Saigon for the same. Saigon place: - Furnished - In central distri
9.
by justincooke 11y ago
When you're dealing with such small companies, they're usually pretty early in their market and might not have built up enough defensibility to share all of their information publicly. They'd rather limit disclosures to those
10.
by justincooke 11y ago
Here's a company that focuses on buying/selling apps specifically: http://www.appbusinessbrokers.com/
11.
by justincooke 11y ago
I'm not sure - I hope not.
12.
by justincooke 11y ago
Shit - time to throw the laptop in the oven. :-( I understand where you're coming from, but I really think we'll have plenty of support.
13.
by justincooke 11y ago
Keep in mind he didn't vet the ACTUAL post before I pushed it live. In reading it back, I wouldn't say he was enthusiastically pushing it or anything: "I think you guys have your minds made up. The reality is the risk is prob
14.
by justincooke 11y ago
Not really. We definitely discussed with our attorney but, due to the small amount of money in the fraud ($25K) it wasn't worth the hassle of litigation. Someone else mentioned we should go after them in Russia but, even if we won, I d
15.
by justincooke 11y ago
I seriously doubt you're right, but I guess we'll see. Those that do appreciate it will be our customers and that might be a bigger pool than you'd think. Appreciate the comment, though.
16.
by justincooke 11y ago
It's not on the site yet, but we're adding it so that it's public/clear.
17.
by justincooke 11y ago
You bring up some interesting points regarding chargebacks but, in this instance, chargeback protection actually saved the credit card holders from becoming victims as well, no? I'm pretty sure these were stolen credit cards and that t
18.
by justincooke 11y ago
I can appreciate where you're coming from here, I really can. I will say that we did consult our lawyer before writing this post, actually. Additionally - business is done on trust. Some will read this and (like you) not trust us and w
19.
by justincooke 11y ago
No. Amazing value because those sites combined were earning close to $1,200 per month in profit. $5K for that is an absolute steal, so Nate was just happy he got an amazing deal. (And didn't know the sites were stolen)
20.
by justincooke 11y ago
We are, actually. We currently accept bitcoin for both deposits and full-on purchases. We prefer it, actually.
21.
by justincooke 11y ago
Narcissistic guy and his brother, I guess.
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by justincooke 11y ago
Yeah, it's a pretty horrible feeling. We were angry with the scammers and somewhat embarrassed that it happened at all.
23.
by justincooke 11y ago
All of those passwords are changed after migration. In this instance they weren't, as we had an active/open ticket with him.
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by justincooke 11y ago
I don't really know anything about when he's heading over. Plus, not sure it would work out that cleanly.
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by justincooke 11y ago
I wasn't sure about publishing, but now that I did I'm glad it's out there.
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by justincooke 12y ago
I wasn't sure about the model, but some other entrepreneurs we know have done something similar with dozens of hires. A great way to get talent on the cheap and give them a stepping stone to building their own company.
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Want to Hire Cheap? Bring an Apprentice to SE Asia and Call It an Adventure(empireflippers.com)
1 points by justincooke 12y ago|1 comments
28.
by justincooke 12y ago
Thanks for the Empire Flippers shout, Brian. Glad to hear you dig the show.
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Paid Ads Case Study: Retargeting Vs Facebook Vs AfterOffers(empireflippers.com)
2 points by justincooke 12y ago|0 comments
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by justincooke 12y ago
You've turned some assumptions you have about my knowledge/understanding of Filipino culture into questions here. While there are some cultural similarities (deceivingly similar, I'd add), I was under no illusions they were t

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