Manage episode 37666837 series 30336
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 .