Buy or Build

I have been interested lately in acquiring businesses that do not require my physical presence (or very little of it) where everything can be outsourced and ran on auto-pilot.  So of course this excludes businesses such as restaurants, retail stores and the like.   I don’t want to be tied down to any one location,  I want to sustain my mobility and ability to leave town at any given moment.  With that in mind….  I am always on the lookout for FBA (fulfilled by Amazon) shops that have an established product line….  though this one is outside of my budget at my point, I want to take a look into it.  It would be an excellent candidate for a fractional ownership deal to spread the risk.  Be sure to bookmark this page as I answer the questions that I use to evaluate a web business for sale,  as found on Investing in the Cloud – A Primer. 

So with that in mind….
There is an opportunity cost to everything…. if you had the cash available and enough time, would it be better and less risky to build a site like this from the ground up or front the money to start earning immediately? I will discuss.

KEEP EXPLORING

Keep building your digital assets

Explore more Digipire guides and experiments, or switch over to the podcast for conversations about online income and digital independence.

More Buy or Build Articles Listen to the Podcast