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When I was younger, one of my dreams was to own a franchise business. Something simple, plug, and play, and you’re officially an entrepreneur. At the ripe age of 18 years old, I finally got my wish and was “chosen” to run a franchise painting company. The concept was simple, I get assigned a region, canvas the region for leads, get customers and make BIG money. But that’s not exactly how it went….it was a miserable failure.

Learning from that, and other life experiences, I realized that the best business model was websites and today I’m here to tell you why I think that is.

Can be a one-man/woman show
• Don’t need a large staff
• Call in specialists when needed

Low Startup Cost
• Website
• Hosting ($3.95/month – check link here

Almost No overhead
• Once launched, ongoing costs are hosting and tools
• Biggest expense is content

High profit margins
• 80-85% is typical once established
• Even 60-70% is good for a service business

Passive (If you let it be)
• Can comfortably build it slowly
• Never closes
• Make money while sleeping

• Work on topics you want to
• Try new things and have your voice heard
• Get to watch it grow

• Just need a computer and internet connection
• Work from anywhere in the world
– Brazil for a year example

• Easy to Pivot
• If things go wrong, can change quickly
– OHP website failure
• Adjusting is just updating pages on website

• Easy to Measure Results
• Feedback loop is reduced
• Analytics/Search Console/Ahrefs

• I’ve made $20-$25k a month in revenue, but I’m not alone
• Many make more or less.
– Is Blogging a Good Career Choice (NEED LINK TO THIS VIDEO HERE)

• 8 websites in my portfolio

My name’s Prof. Ron and my goal is to help you create passive income with online businesses and entrepreneurship. I’m not big on hype and won’t promise you overnight success, but I love to introduce people to a lifestyle where they can make money online while working from home. I’m also passionate about personal finance and making more money, so I cover that too!

If you’re interested in learning how to earn money from an online business and then where you can invest that money to make more passive income, this is the channel for you.

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