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Mohit Tater shares how he built a $1.5 million a year business by flipping and investing in websites.
The most interesting part to me is how Mohit blogged for a year in 2012 and “all I heard were crickets. No traffic, no income, nothing to show” 😔
Instead of letting that get him down…
I thought to myself, if I can’t grow a business from scratch, I might have a better chance of scaling an already profitable business. So I bought my first business for $2,500 on Flippa…
It was a social media marketing agency and in six months of running it, I turned it around and quintupled it, eventually selling it for $12,500 (on Flippa of course)…
That’s when I was like, this thing works!
Mohit went on to rinse and repeat that process, to the point where his business now has over $7.5 million in assets under management 💰
I love that he didn’t take his initial failure as a sign that he was bad at business, but rather sign that he hadn’t found the right type of business for him.