Episode 22:

Now You’re an Entrepreneur!

For people who invest in Ecommerce websites, this tends to not be their first job. We all bring our own experiences and insights into the Ecommerce world. Whether it’s sales, data analytics, or other experience working in similar industries, we all have strengths we can draw on.

Whether you do this full-time or part-time, you are now working outside the supports and constraints of a traditional office environment. This brings its own set of blessings and challenges. Today we take some time to reflect on some of the biggest changes you should prepare for as you move into this field.

On this episode you’ll hear:

  • The biggest transition you’ll make when you work for yourself rather than for a company
  • Strengths and skills you can bring from the corporate world
  • Why you shouldn’t be concerned with “following your passions”
  • How to think about failure
  • Support networks you can build for protection and community

If you’re looking for ways to successfully transition from a corporate life to an entrepreneurial one, this is an episode you won’t want to miss!

Episode 21:

The Investment Case for High Ticket Drop Shipping Sites

On this episode we conclude our three-part series on Ian Bond’s online investment framework. On Episode 19, Ian shared the seven factors that comprise his framework for assessing online business models. On Episode 20, Ian applied that framework to six actual online business models. Through both of these episodes, our focus was on building a common framework and vocabulary to be able to talk about different business models.

Now, on Episode 21, we focus our attention on the business model that scored the highest in Ian’s rankings. Coming in first place, with a score of 9/10, there are many reasons why you should consider High Ticket Drop Shipping for your online investments. The way markets function now, High Ticket Drop Shipping allows you to compete with large chains, add value to your customers, and sell quality products you believe in.

On this episode you’ll hear:

  • Why High Ticket Drop Shipping is a good model for the current business climate
  • The real value of high dollar margins
  • How you can add value to your goods
  • The sources of website traffic you’ll have access to
  • Why brand connections are so valuable
  • Why this model is less popular these days, and why that’s good for you!

If you’re interested in investing with a strong online business model, this is one episode you won’t want to miss!

Episode 20:

Best Online Business Models – 6 Models Compared

On the previous episode of the Professional Website Investor Podcast, Ian Bond introduced a new framework for evaluating online business models. His seven-tiered pyramid contained a variety of factors pertaining to time commitment, scalability, and financial gain. It’s a helpful framework for any investor who is looking for a common framework to assess the various online business models.

Today we get practical and use that framework to analyze six different business models. You’ll hear how Ian assesses his investments and evaluates the risks and rewards of each type of online business. It will also provide a good example of how to use this framework in your own evaluations of websites and business models.

On this episode you’ll hear:

  • Ian’s description and analysis of six different business models. These include:
    • Low-Ticket Dropshipping
    • Software As A Service (SAAS)
    • Advertising
    • Fulfilled by Amazon (Amazon FBA)
    • Affiliate Marketing
    • High-Ticket Dropshipping

If you’re looking for some detailed analysis of the current online business models on the market then this is one episode you won’t want to miss!

Episode 19:

Online Business Models: An Evaluation Framework

When you decide to get into Ecommerce website investing and start searching for websites, you’ll notice that there are not only different industries to invest in but also different business models. You might be aware of some of these different models, such as High Ticket Dropshipping, Fulfilled By Amazon (FBA), Software As A Service (SaaS), and others. In addition to understanding a certain niche in the market, you also need to understand the business model of the website you are investing in.

Today we share some key factors to consider as you think about different online business models. Factors like resale value, the number of available websites, and dollar margins will all affect the amount of time you put in and the financial decisions you will have to make. Having an evaluative framework in place will make this sorting process much easier.

On this episode you’ll hear:

  • Ian Bond’s evaluative framework, a pyramid of factors, and his description of each level of the pyramid
  • These factors include:
    • Number of Sites Available
    • Special Knowledge Required
    • Required Customer Support
    • Ease of Scalability
    • Dollar Margins
    • Traffic Needed
    • Resale Value
  • An analysis of the importance of each level, and why this framework will save you a lot of time in your investment process

If you’re looking for an evaluative framework to inform your Ecommerce investment decisions, then this is one episode you won’t want to miss.

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