SportsHoopla for sale.

[kramer1]

Hardest part about a business is starting it and establishing a following or client base. That is already done. The infrastructure is in place, now it requires someone with some foresight to actually make it more profitable. If you have a head for business, you can work those ads into profits a lot higher than $100/mo.

You jump that $100/mo to $500/mo and that $19k does not seem that bad at all.

And if I had a vagina my name would be Stephanie. You can't charge for that stuff. DUH.

 

[CrashDavisSports]

And if I had a vagina my name would be Stephanie. You can't charge for that stuff. DUH.

Charge for what stuff? Advertising?

 

[kramer1]

I should sell my lawn care business for a million right now because I already have the name, equipment, and paperwork filed with the state. I mean....there are 100,000 homes in the area...someone could potentially make millions a week!

Any takers?

 

[grayghost668]

the hoop sold to a member,,,new thread stating that

 

[CrashDavisSports]

I should sell my lawn care business for a million right now because I already have the name, equipment, and paperwork filed with the state. I mean....there are 100,000 homes in the area...someone could potentially make millions a week!

Any takers?

I understand your point, but 19k is different than a million, and on the Internet, the hardest part to get is the following, which is already been done and growing. If you have the viewership, businesses will advertise with you.

It would be the equivalent of you having all the lawn contracts already. That is the hardest part in your business. On the Internet, the harest part is getting viewers.

 

[JBUCK66]

anybody ever buy anything based on an ad?

thought not, nobody ever does

 

[fordman84]

anybody ever buy anything based on an ad?

thought not, nobody ever does

Then there sure are a lot of companies wasting trillions on useless advertising. You may not click it and buy right then, but it will sit in your brain if it is done right. All ads on the internet should be food related though. Can't tell you how many times I've been thinking about lunch and an ad will spur me to get BBQ, or chinese, or pizza...

 

[canewoman]

Caneman told me ghost was selling but I didnt believe it. That'll ruin this site I'm sure...

 

[bengaldoug]

A business is basically worth one year's profits. So anything over $1200 for this is stealing. Improving the profits will require additional investment over time, with all the risk of investment involved.

 

[fordman84]

A business is basically worth one year's profits. So anything over $1200 for this is stealing. Improving the profits will require additional investment over time, with all the risk of investment involved.

every wall street investor disagrees with this.

 

[bengaldoug]

every wall street investor disagrees with this.

So you think 19K is a good investment for a business making $100 a month?

 

[kramer1]

So you think 19K is a good investment for a business making $100 a month?

LOL....this is so ridiculous how this is even a debate.

 

[ckhokie]

A business is basically worth one year's profits. So anything over $1200 for this is stealing. Improving the profits will require additional investment over time, with all the risk of investment involved.

LOL! Take a finance course before you go spouting that nonsense.

If you look at the graph Ghost posted, while SportsHoopla was using Google Ads, SH was netting around $400 a month in profit. A very basic valuation model is to use 4-5 times earnings before tax. SportsHoopla was sold for just over $16k, which is a quite good deal

 

[ckhokie]

So you think 19K is a good investment for a business making $100 a month?

LOL....this is so ridiculous how this is even a debate.

Again, look at the correlation between when SportsHoopla went off of Google Ads. GITM was earning around $400 a month PROFIT. Why do you think he took away the hot chick forum so he could get back to using Google Ads? Because it wasn't profitable. That very small change (read: no risk) literally boosted the valuation ten fold.

 

[fordman84]

So you think 19K is a good investment for a business making $100 a month?

You think $100 a month is static? that could be improved upon pretty easily, GITM has admitted as much. Sounds like he just has more important things to do now and can't give as much time here anymore.

 

[CrashDavisSports]

LOL! Take a finance course before you go spouting that nonsense.

If you look at the graph Ghost posted, while SportsHoopla was using Google Ads, SH was netting around $400 a month in profit. A very basic valuation model is to use 4-5 times earnings before tax. SportsHoopla was sold for just over $16k, which is a quite good deal

Wow. Something we agree on. LOL

I guess business is much different than Cincinnati sports team loyalties huh? haha

 

[ckhokie]

Wow. Something we agree on. LOL

I guess business is much different than Cincinnati sports team loyalties huh? haha

got that right

 

[kramer1]

Again, look at the correlation between when SportsHoopla went off of Google Ads. GITM was earning around $400 a month PROFIT. Why do you think he took away the hot chick forum so he could get back to using Google Ads? Because it wasn't profitable. That very small change (read: no risk) literally boosted the valuation ten fold.

Complete and utter nonsense. The site is profiting just over $100/mth. If it was so profitable it wouldn't be sold.

 

[Tubbs1518]

Complete and utter nonsense. The site is profiting just over $100/mth. If it was so profitable it wouldn't be sold.

Again Kramer knows nothing of which he speaks.

 

[ckhokie]

Complete and utter nonsense. The site is profiting just over $100/mth. If it was so profitable it wouldn't be sold.

This is dumb, even for you.