What we discussed in the epsisode:

  1. Getting a passive income stream through online businesses [01:33]
  2. Growing people’s website businesses until it’s ready to replace their work [02:43]
  3. The three main types of website business models [04:56]
  4. Online businesses earn about 20% to 30% ROI per year [08:11]
  5. There’s no need to have the experience, you just need to be committed [10:10]
  6. The three biggest website business risks to look out for [13:39]
  7. Invest in a business with an actual need [18:30]
  8. Just like there are property brokers, there are also website brokers [20:37]
  9. The coolest website and the website that yielded the best results [22:45]
  10. Investing in a good mentorship can accelerate your learning [26:04]

This week guest

Being in the online business as an investor for more than five years now, Jaryd Krause is dedicated to helping people grow their businesses by passing on his knowledge and experience as an online business coach and mentor. He is the Founder and CEO of Buying Online Businesses, helping clients earn thousands of dollars per month. He also hosts his own podcast of the same name which is rated top 3 of the best passive income podcasts online.

Get in touch with Jaryd on Facebook.

Thank you so much for listening! If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.

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    Kim Barrett is a world renown Social Media Marketer, focussing on Facebook. He Is an International Best Selling Author, Speaker and Trainer, having taught marketing around the world and helping businesses grow to 6 and 7 figures.