I read about this about a week ago and wanted to report on this but i’ve been kinda busy. At any rate, i wasn’t surprised at the purchase price of a blog for $15 million(blogs can turn into big business), but have to admit that i found the story to be interesting. Johns Wu, a 23 year old blogger from bankoholic sold his banking blog for $15,000,000 to bankrate. The blog was set up in July of 2006. I checked out the blog and didn’t find anything special. I guess that the site ranks well for credit card and interest rate terms in search engines. Wanted to write this up to inspire you guys to dream big. Making money with you blog is something that is real. 99.999% chance that you won’t reach this level or get this lucky, but you can still make a few dimes with you blog.
$15,000,000 is a lot of money. This type of cash could buy some nice real estate. Even tho it is unlikely that you will make 15 mil with you blog. Imagine making 10% of that. $1.5 million is still awesome. Let’s say that you manage to sell your blog for 1% of bankoholic. You can still do a lot with $150,000. Take it further with .1% at $15,000. Now were are starting to get realistic. You see my point? Even if you manage to grow a blog and sell for .01% of Johns blog, you are left with 15 hundred dollars. This is something that all of us can do.
I hope that you guys were amazed by the sale of this blog. Also hope that you guys are jealous and inspired at the same time. Do something about it and make some money online with you blog.