Forever Jobless – Internet Business Investing

40:35
 
Share
 

Manage episode 37666837 series 30336
By Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio streamed directly from their servers.

Billy Murphy from ForeverJobless.com joined me for an episode of the Financial Independence Podcast to talk about investing in online businesses!

What if I told you you could create $2,000 of monthly recurring income from a single $25,000 investment? Thanks to the low multiples some online companies are selling for, you could potentially fund your early retirement with a very small initial investment.

Billy takes us through how he went from being a professional poker player to creating a very successful poker training site. He then describes how he started buying e-commerce stores (his first investment was a site making $900 profit per month that he bought for $4,000) and shares what he learned buying, improving, and selling sites.

Hear why Expected Value (EV) is as important in everyday decision-making as it is in poker and find out what Billy would do to create a consistent $2,000 per month income stream if he was starting from scratch today.

To read the full article, visit http://www.madfientist.com/forever-jobless-interview/

57 episodes available. A new episode about every 43 days averaging 50 mins duration .