Buying and Selling Websites – More Common Than You'd Think

It's been said that on the open market you can buy or sell just about anything. Did you know that you can even buy or sell a website?

Indeed, websites are bought and sold every day without anyone ever knowing. You may be checking out a website talking about Eastern Indian jewelry one day, only to have it transfer hands before you get back to it a few days later. You've never know the difference except for the fact that despite the new site owner has dressed the place up a bit. But for all you know, it was the old owner trying to improve the look and feel of the site.

Why People Buy

There are a couple of reasons people buy a website that's already been created. Perhaps the largest reason is to generate cash through search engine page ranking. Internet marketers will take a site aimed at a specific niche topic or product, fill it with content that contains both advertisements and backlinks, and then generate income every time a visitor clicks on one of their moneymaking items. Buying already established websites allows the marketer to get more "skin in the game" without having to develop sites from scratch.

Some marketers buy websites simply for the mailing lists that they've generated. Mailing lists represent one of those most powerful direct advertising tools in the Internet marketing business. Yet most mail servers are very good at catching spam these days. Established websites, with mail lists requiring people to voluntarily sign up, easily make it past spam filters, giving a marketer access to thousands of new potential customers.

Finally, some people purchase websites simply because they want the domain name. Domain names are valuable if they remind a person of a product, personality, or topic that happens to be hot at that time. Just as an example, any number of websites with the Obama or Romney names will be hot commodities for the next couple of months.

Why People Sell

There are also lots of reasons someone would sell a website, too. For instance, sometimes a site has not met the expectations of its owner. That's not to say a new owner could not turn that around, but the current owner believes they have done everything they can. Many times these types of sites are affiliate projects or niche sites relying on advertising for income.

Another reason to sell website is the need to generate cash. Internet marketing is a business that ties heavily on the ebbs and flows of Internet trends. So it's easy for a company to spend a lot of money developing websites only to find that their cash flow dries up when traffic slows. They may sell some of their less lucrative properties to generate some cash.

If you're interested in selling or buying a website there are a couple of auction sites on the net that make it possible. Just be sure to do your homework before you choose one. …

16 Most Inspiring Famous Failures

To succeed in business or life, I came to realize that we must continually take remedial actions. Putting myself on the line day after day can be extremely draining, especially when things do not work out as I desired. Hence, each time I face a disappointing event or undesirable outcome, I NEVER FORGET these famous failures:

1. Bill Gates, founder and chairman of Microsoft, has literally changed the work culture of the world in the 21st century, by simplifying the way computer is being used. He happens to be the world’s richest man for the last one decade. However, in the 70’s before starting out, he was a Harvard University dropout. The most ironic part is that, he started a software company (that was soon to become Microsoft) by purchasing the software technology from “someone” for only $US50 back then.

2. Abraham Lincoln, received no more than 5 years of formal education throughout his lifetime. When he grew up, he joined politics and had 12 major failures before he was elected the 16th President of the United States of America.

3. Isaac Newton was the greatest English mathematician of his generation. His work on optics and gravitation made him one of the greatest scientists the world has even known. Many thought that Isaac was born a genius, but he wasn’t! When he was young, he did very poorly in grade school, so poor that his teachers became clueless in improving his grades.

4. Ludwig van Beethoven, a German composer of classical music, is widely regarded as one of history’s supreme composers. His reputation has inspired – and in many cases intimidated – composers, musicians, and audiences who were to come after him. Before the start of his career, Beethoven’s music teacher once said of him “as a composer, he is hopeless”. And during his career, he lost his hearing yet he managed to produce great music – a deaf man composing music, ironic isn’t!

5. Thomas Edison who developed many devices which greatly influenced life in the 20th century. Edison is considered one of the most prolific inventors in history, holding 1,093 U.S patents to his name. When he was a boy his teacher told him he was too stupid to learn anything. When he set out on his own, he tried more than 9,000 experiments before he created the first successful light bulb.

6. The Woolworth Company was a retail company that was one of the original five-and-ten-cent stores. The first Woolworth’s store was founded in 1878 by Frank Winfield Woolworth and soon grew to become one of the largest retail chains in the world in the 20th century. Before starting his own business, Woolworth got a job in a dry goods store when he was 21. But his employer would not let him serve any customer because he concluded that Frank “didn’t have enough common sense to serve the customers”.

7. By acclamation, Michael Jordon is the greatest basketball player of all time. A phenomenal …