A business owner made $192,500 in one month running passive websites, spending just 2-3 hours weekly. Most sites earn $4-5K monthly with 90%+ profit margins. He rents them to other marketers on revenue share, and three people have each made over $1 million since 2020.
We finished the month $192,500 last month. Holy crap. In one month? Yeah. Most of the sites are things like the Irving one where they're just sitting. I don't do anything. It's literally passive. The bigger ones are the ones I'm kind of on top of more because those are worth hundreds of thousands per site. So that I'm like watching a little bit heavier. I'm looking at it as like, do you have to? No, I could just go chill and do nothing, but I would lose my mind. So I have to do something and that's what I choose to spend it on. At a certain point I'm like, passive is cool, you know, $4,000 or $5,000 coming in from that site. I love that. But like, if I can make $30,000 or $40,000 off that site, you got to make it worth my while.
So over 90% net profit margins. How many hours per week are you spending on this? On this? 2 or 3. Man, I'm fired up to do this myself. I'm the guy that's just supposed to ask questions, but now I'm like, oh geez, I mean, shiny object, man.
It's rough.
I know. Rough. It's real. It's very real.
Is this a good thing to do on the side? I love it as a side hustle idea because there's lots of people that have walked away from jobs doing exactly this. I know 3 people that have made more than $1 million just since 2020. 2 with doing this on the side of what they're doing, eventually quit. But like, that's insane. So yeah, I love it. Yeah, side hustle. And it's way better than any of the ones I tried. And then in terms of like renting sites out, it's really not that hard. I'm literally just calling the person and saying, hey, I've got customers that want this. I'm like, if I send you some people, can we work out a cut? And the majority of people will say, yeah, cool, that sounds great.
Yeah. So what should someone's first step be for getting involved with this business?
