228. Leveraging Digital Assets for Passive Income with Matt Raad

You've been told to invest your time and money in traditional avenues like stocks and real estate, hoping for passive income that never seems to materialize. The pain of constantly working hard but not seeing the results you desire is all too real. But what if there's a more effective action you can take? Imagine discovering the untapped potential of website investing, where you can leverage digital assets to build long-term wealth and finally generate the passive income you've been longing for.

Join us on Average Joe Finances as our guest Matt Raad unveils the thrilling journey of building passive income through digital assets, defying traditional job norms, and discovering the secrets to financial freedom.

In this episode:

• Discover the untapped potential of website investing to build long-term wealth and generate passive income.
• Start small and learn the art of due diligence to minimize risks and maximize returns in the world of website investing.
• Gain a long-term vision for building generational wealth through carefully selected digital assets.
• Unlock the path to financial freedom by leveraging the opportunities presented by website investing.
• And so much more!

Key Moments:

00:01:30 - Matt Rod's Background
00:04:19 - Building Websites for Passive Income
00:05:43 - Discovering the Power of Internet Businesses
00:09:37 - Transitioning to Buying Websites
00:13:49 - The Efficiency of Scraping Websites
00:14:39 - Starting a Website Business
00:15:59 - Proof of Concept
00:19:08 - Transitioning from a W2 Job
00:21:38 - Evolution of Website Buying and Selling
00:26:31 - The Power of Affiliate Marketing
00:27:26 - Unexpected Affiliate Commissions
00:28:02 - No Inventory or Warehouse Hassles
00:29:42 - Niche Passion for Success
00:31:26 - Surprising Valuation of Passion Sites
00:39:22 - Starting Small and Learning Due Diligence
00:40:08 - The Power of Compounding Interest
00:41:33 - Building Generational Wealth
00:42:11 - Tips for Getting Started in Buying and Selling Websites 

Find Matt Raad on:

Website: https://www.mattandlizraad.com/

LinkedIn: https://www.linkedin.com/in/matt-raad/?originalSubdomain=au

Facebook: https://www.facebook.com/MattandLizRaad/

Instagram: https://www.instagram.com/mattraad/

Twitter: https://twitter.com/TheMattRaad

Average Joe Finances®

All of our social media links and more: https://averagejoefinances.com/links

About Mike: https://mikecavaggioni.com

Show Notes add-on continued here: https://averagejoefinances.com/show-notes/

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See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes