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Buying a $9,500 niche website and giving it to a subscriber
Executive overview
Most people think starting a business means building something new. Buying a small, stable niche site with existing revenue removes that barrier entirely.
Noah Kagan buys a diamond affiliate site for $9,500 and outlines a 90-day plan to double its revenue. The business is then given to a subscriber chosen for hustle and desire for financial freedom.
The unsexy, boring businesses — ones nobody is competing for — are often the most profitable and stable.
Why the diamond site won over the other two
- Most stable revenue: $430/month consistently for six years
- No new content required; evergreen articles still earning
- Highest upside: site untouched, leaving obvious growth levers unused
- Best payback multiple: ~2 years to recoup at current revenue, likely faster
- Seller was also a rapper (potential future producer)
90-day plan to double revenue
- Add affiliate partners beyond the one existing link: Blue Nile, Reeds, Etsy, Levery
- Pin one item per day on Pinterest (previous owner confirmed it converts)
- Publish two blog posts per week tied to those pins
- No email list distraction yet — focus on what already makes money
- Long-term: build email list via SendFox once core revenue is stable
How the new CEO was chosen
- Nearly 400 applicants responded to a public YouTube and social media call
- Winner: Tony York, former wildland firefighter with a chemistry degree
- Selected for hustle (put himself through school without loans), family man, genuine character
- Goal: give him the platform to leave a job he dislikes
Three takeaways for buying or running a small business
- Running a business is not glamorous — it's blog posts, phone calls, negotiations
- Boring industries (jewelry, home DIY) are less competed-for and more profitable
- Only work on a business you care about — chasing uninteresting opportunities leads to failure and relief when they collapse
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