The 3 Real Risks in Website Investing
Online website investing is one of the new investment frontiers that has really opened up in the 21st Century. It’s an exciting time out on this frontier. There’s a lot of open space, several opportunities, and less competition than there is in other, more traditional markets.
Alongside these new possibilities is the presence of real risk. There is less research to guide you. There are fewer guides and companions for the journey. And we haven’t been doing this as long as other types of investment.
Fortunately, a lot of sound investment principles still apply in these new spaces. Our guide today, Ian Bond, shares the lessons he learned on a different frontier, and how those lessons have served him well in the uncharted territory we all face today.
On this episode you’ll hear:
- How Ian’s experience on Wall Street in the 1980’s informs his current approach to investing
- Three common risks you’ll encounter in a new investment frontier
- The information you’ll need to navigate this new frontier
- How to assess the advice you’ll receive from website brokers
- How to assess the consequences of your decisions
- What you can do to minimize your risk on this frontier
If you’re looking for ways to navigate the new investment spaces of the 21st Century then this one podcast you won’t want to miss.
Resources
Transcription of this Episode
Welcome to the Professional Website Investors podcast, the show where we talk about what it takes to successfully buy, operate, scale, and sell a thriving e-commerce business. When it comes to doing business online, we believe that buying an existing website is far superior to building one from scratch. So, if you’re a career professional who is looking to become an e-commerce store owner, listening to this show will give you the knowledge, tools, and community support you need to be successful.
I’m your host Ryan Cowden, and this week we’re joined by Ian Bond from professionalwebsiteinvestors.com. In this episode of the Professional Website Investors podcast, Ian and I discuss the three main risks you will face while investing in websites. Online website investing is one of the new investment frontiers that have really opened up in the 21st century. It’s an exciting time out on this frontier. There’s a lot of open space, several opportunities and less competition than other, more traditional markets. Alongside these new possibilities is the presence of real risk. There’s less research to guide you. There are fewer guides and companions for the journey, and we haven’t been doing this as long as ot