It's been so interesting seeing the world of buying and selling websites mature into something akin to real estate investing. And one of the leading minds in this space is my guest today, Jaryd Krause. Jaryd used to be a plumber working 60+ hours a week and hating it. Fast forward to today and he now owns multiple online businesses himself, and many of his clients earn thousands to tens of thousands of dollars per month from their business that they bought working with Jaryd. His Buying Online Businesses Podcast is rated in the top five best passive income podcasts. And in this episode, we get into a really interesting discussion about smart ways to dip your toe into the waters of investing in online businesses. We talked about everything from Freakonomics to aftermarket domains to due diligence and cheat sheets. Even if you're not currently in the market to buy a website you'll glean some valuable tips to help your current online business thrive. And now, on with the show.
While attending Abundance 360, I heard something that threw me. To paraphrase: At the end of this decade, there'll be two kinds of businesses: those using AI and those out of business. The Internet is evolving quickly and not just because of our increased usage. The emergence of new technologies like VR and AI combined with the integration of dynamic information are shifting us to what's being called Web 3.0. This new iteration of the web will be a spatial web, where there are few boundaries between the digital space and physical space. My guest, Gabriel Rene, is the co-author of the book, The Spatial Web. For these emerging technologies like AI, VR, blockchain, and the Internet of Things to work together seamlessly, there needs to be standards and protocols we agree to adopt. That’s where Gabriel comes in. Gabriel is the Executive Director of VERSES Foundation, a nonprofit that’s leading the charge and developing open standards for the web 3.0 era, making sure everything is interoperable, and encouraging global adoption and the ethical use of all these emerging technologies. Before his work with VERSES, Gabriel was a thought leader in the tech and entertainment industries for over 25 years, running several companies and consulting for such brands as Verizon, Sony, Coca-Cola, Apple, Samsung , and Microsoft. This truly is a mind-expanding conversation about where technology is headed. In this episode, we cover everything from cryptocurrency and the future world economy to the Digital Gaia Theory. If you're curious about the future of the Internet or just like to keep your finger on the pulse, you won't want to miss this episode. And on with the show.
For most people, your website is the first impression they have of your brand. So you really want to have that "wow" factor that keeps them on the site and ready to take action. That "wow" factor goes beyond impressing people with high profile social proof, although that is an extremely important factor in your brand's credibility. In reality, you want your site to speak more about them and less about you in order to assure them that you can meet their needs and solve the problem that led them to your site in the first place. Every inch of your site must be imbibed with your branding from the top nav all the way down to your footer. In my opinion, there's really no one better than Greg Merrilees and his company Studio 1 Design when it comes to creating web design that converts. And that's why I'm so excited to have him on the show today. Aside from the eight websites that Greg and his team has designed for me, I constantly refer him to my clients and colleagues. Studio 1 has custom designed well over 1500 websites. Their clients have included such big name internet marketers such as Kevin Rogers, Perry Marshall, Jordan Harbinger, James Schramko, Chris Ducker, and Ezra Firestone. They even designed the website of Frank Oz, who's the voice of Yoda, Miss Piggy, other Muppets and Sesame Street characters. Greg doesn't just have an eye for modern engaging design, he goes beyond that by thinking about the entire customer journey as a user navigates through your site. Whether the end goal is to have them buy a product, book a consultation call or sign up to an email list, the site's design and flow is a crucial part of your business strategy. Stay tuned to discover what design elements you can apply today to start getting more conversions on your website.
It’s already 2018, and by now, by far the majority of the good domain names are already taken. If you want to buy a valuable domain either to resell or to develop, you could spend hours and hours combing over the leftover unregistered domains hoping to find something that isn’t absolutely terrible. A better strategy, though, is to think outside the box. Instead of looking for an unregistered domain that no one has thought to buy before, spend your time searching expiring or expired domains instead. Peter Askew is here to explain just why this strategy is so valuable. Since your domain name is one of your most important digital assets, it’s vital that you get a great one, and he’ll explain exactly how to do that. Peter is an experienced domainer whose successful online businesses include DudeRanch.com and VidaliaOnions.com, both of which he’ll discuss in depth in this conversation.