Protected: Flippa Escrow Review …And The Misplaced $18,000

It had been 6 days since I had notified Flippa that the funds from my site sale were missing. I received this helpful response: “The funds should appear in your as the account number in (sic) the screenshot matches what we’ve sent out. If still not arrived, you need to contact your bank and ask if there are any incoming payments.” Uh… I was beginning to wonder if I was chatting with support or a chatbot. I mean, if I had the funds, would I be talking to you guys? But, let’s back up. Why did I choose to sell with Flippa? And how did they almost lose my $18,000? Selling A Site As A Growth Strategy 2017 was a rough year for me. The sites began experiencing lower traffic figures in October of 2016, and I was struggling to understand how to reverse that trend. In March 2017, the Amazon Affiliate program compounded my decreasing traffic problem by announcing that they were reducing their affiliates’ commissions by 45%. (AKA “Amazongeddon”). This “jab-uppercut” punch combo left me reeling and struggling to recover. I had less traffic, and the traffic I did have, was making 45% less money. After several experiments, I ended 2017 with a gameplan for turning the business around. I was just lacking the necessary capital to do so. Selling just one of my sites could deliver the immediate cash infusion the business required. I over-analyzed the decision for 2 weeks, and then picked one of the sites to list. Choosing Flippa Over Empire Flippers And FEInternational I’ve had many friends sell with Empire Flippers. And Shawna has...
Amazon Fee Change 2017 – The 11 Things I’m Doing To Come Back Stronger

Amazon Fee Change 2017 – The 11 Things I’m Doing To Come Back Stronger

Last Thursday, Amazon sent out their new fee schedule that is going into effect March 1, 2017, for their Amazon Associates. That Friday, I received three emails from bloggers about the change and what you should do. So why write this post? Because none of those bloggers have the skin in the game that you and I have. They sell services, or they sell sites. And they are diversified (as we all should strive to be). So their pain is lower. (Caveat, Perrin, And Gael put together a pretty good podcast discussion on the fee change before it was confirmed. I know that Perrin does well with the Amazon Associates program.) Getting Past The Pain (Biohacking Your Brain) Fear is the enemy. As Warren Buffet said this week in his annual letter: “Many companies, of course, will fall behind, and some will fail. Winnowing of that sort is a product of market dynamism…  During such scary periods, you should never forget two things: First, widespread fear is your friend as an investor, because it serves up bargain purchases. Second, personal fear is your enemy. It will also be unwarranted.” Right now there is some widespread fear. Frankly, I think the affiliate marketing bunch is a pretty resilient, optimistic crowd. We’re used to dealing with Google’s and Facebook’s whimsicalities on a monthly basis. We don’t scare easily. But, I also know that I’ve had my moments. They range from staring blankly out the window while my cursor blinks to trying not to snap at employees or family members over every little thing.   In order to move quickly past these...
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