Welcome:

Hey everyone, feel free to poke around, I recomend reading "First and Foremost First" then reading what you want. Have fun, and POST COMMENTS!!

Friday, September 26, 2008

Resume Website

This is a website aimed to posting resumes for the $100k+ salary range. The posted as was as follows:

Completely automated four year old business. 100kresumes.net KEYWORD SEARCH:
"100k resume, 100k resumes, 100k resume writing, 100k resume sample, 100k resume samples, 100k resume example, 100k resume examples, 100k resume template, 100k resume templates, 100k resume writing, 100k resume writing sample, 100k resume writing samples."
Great traffic and revenue with automated business that sells and delivers 24/7/365 No special skills or time needed. The overhead is only $13 a month. Automated cash machine provides $1100 a month for doing nothing. Confidential information and verification available to serious buyers.
Another ad for this same business read:
Completely automated business that is four years old. Sells 24/7/365. No inventory, shipping or customer service. 70% return. Overhead is only $14 a month and the business requires ZERO time or effort. Verifiable traffic and revenue.Top ranked on all three search engines
So, being intrigued I emailed him for more info. I was emailed this:
Let me give you the highlights of the business.
1. Established five years
2. Completely automated
3. Outstanding product
4. Great search engine market, one million searches a month for resume and cover letter keywords and phrases
5. Great search engine rank with Yahoo and MSN (huge traffic growth potential with Google)
6. Total monthly over head only $12
7. No customer service
8. Not a get rich quick scheme, just a solid performer
9. Gets 175 unique visitors a day with a huge upside with regard to growth via Google rankings and overall search volume
10. Zero cost of goods sold
11. Has averaged over $11,000 a year in net income
NICE. This is the kind of business I like to find. Only problem is the asking price. I find it pretty high. I don't really know how you should find the worth of an online business such as this. Can't say I don't blame him, I know if it were me I would be asking something around that as well, generally around 1-2 years worth of income is what I think a business is worth. The problem is that it doesn't make very much so that rule kinda goes out the window.
Other than the asking price, for someone who has $15k or so I feel is looking at a great investment so long as they can assure that the site will continue to make at least that much for a long time. It should do that if not more. An extra $1100 each month or more for doing NOTHING is very nice. If a college student were to invest his student loan in this one time fee, it would pay for his schooling instead of taking out triple that for school in smaller spread out payments. I just couldn't justify forking up $15k on a business that only makes $1k a month. Needs to do more than that for me. Unless of coarse $15k was nothing to me then I might be more interested.

1 comment:

Wunderkind said...

I'm sorry about the lack of spaces between paragraphs. For some reason the site keeps posting it like this without the spaces making it difficult to read.