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

  1. Running a business is not glamorous — it's blog posts, phone calls, negotiations
  2. Boring industries (jewelry, home DIY) are less competed-for and more profitable
  3. Only work on a business you care about — chasing uninteresting opportunities leads to failure and relief when they collapse

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