I woke up early today (around 11AM) so thought I might as well get today’s post out of the way… considering I have an idea that should interest some of you. 
I’ve spoken about websites, and website flipping a lot over the last few weeks… I’ve recommended it to you guys because I like it much more than affiliate marketing or Adsense (directly into your Paypal account, as opposed to waiting for cheques – which are pretty darn difficult to receive here) and it’s something requiring zilch investment which anyone can do.
I have posted up a lot of information, but people always want personal advice… some of the biggest requests I’ve gotten from readers here are to ‘take someone and walk them through a large flip’ … with each person wanting to be the one. Considering that I’ve had at least a dozen of these requests, and can’t do them all, this is by no means feasible… I don’t have the time or energy to teach so many newbies how to do this monthly, especially considering I’d make zilch in that time.
Here’s where this idea comes in. This is still just an idea, very much basic, and will only go ahead if you guys like it. Feel free to suggest things you’d change etc.
Of late, I’ve started reading blogs again – I flick through quite a few daily, and although I don’t comment on a lot I have checked out the blogs of those that visit this one at least once a week, just to see how people are doing. I’ll (hopefully) be doing a post on some of the blogs I’d recommend that would help you guys make money later this week.
Anyways, as with everything online, I saw two ideas, put them together.
A blog I’ve started reading recently is Site Flip U written by Bryan Clark – it has some top quality stuff related to site flipping, and the dude knows what he’s talking about.
Anyways, Bryan recently ran a lil contest where he got each reader to flip a blog after one month and see where it went. I was going to enter for the heck of it, but didn’t have the time… anyways, I think it was a cool thing and people made money which is always good.
The second idea is Blogging Idol. A month long competition dedicated to see who could game raise their Feedburner subscriber count most (just kidding 
) and one that whipped up quite a fervour around the blogosphere.
Combine the two, you have a large site flipping competition that makes people money.
Here’s my idea.
- One month blog flips. A blog is started on X date, and will be flipped 30 days later. Blogs can be on any niche you want them to be, and they will be publicly known.
- Maximum allowed spend of $150 per blog. You can spend it all, or you can spend zilch, this is entirely up to you. The limit is to keep things fair and make sure that those with a huge budget don’t have a huge advantage.
- Groups of seven. This will be a (hopefully!) huge competition, so although everyone can participate, you’ll only compete against six other people. There will be a reason for this, see below.
- Each group will be put in charge of one external blog, and each member will have to make an update once a week. I’m not sure whether this will be a site flip journal of sorts, or a niche blog. This will mean that each group will have eight blogs to it (seven members updating their own + a group contributed one). At the end of the month, assuming each member sticks to updating once a week, you’ll have a blog with 28 unique posts and more than 14,000 words of unique content.
- Bloggers do not have to sell their blog at the end of the month, as this will be entirely up to them – however, to ‘win’ the competition we will take the highest sale price. Out of each group, whichever blog sells for most will be awarded the prize, which is the external blog.
The idea behind this is that most competitions do not do well without an incentive… which is why Blogging Idol thrived.
Now, we could have a competition with seven people just looking to sell websites, but when there is no prize to strive towards, my personal reaction is ZZZZZzzzzzzzzzz… there needs to be an incentive.
Rather than bet money, which is something that none of you need to lose, the external blog will go up for grabs to the winner of each group. It will be valued at around $300 – $500 if it was sold, but the amount you’d contribute would be nothing (as I’d pay for hosting and the domain for each external blog) apart from four articles.
Even if you don’t win the external blog, you get to celebrate the sale of your own blog. Netting you a few hundred at worst, a thousand or more at best. If you do win, you get a shit load of money (as your blog would sell for the highest amount) as well as the external blog… meaning you’d make at least a thousand, probably a lot more than that.
Of course, nothing is decided yet, but I’m going to be buying a new reseller account at Hostgator anyways, and thought that this was something people would be interested in. To enter this, all you’d need is less than $10 (for the domain + hosting) and the ability to write… are you guys interested, and do you have any suggestions?
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August 25th, 2008 at 9:47 am
I would be up for this, hope there is lots of interested parties so we can get so group rivalry going.
Ryan Lineker’s last blog post..ZoneAlarm Force Field Free
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August 25th, 2008 at 9:52 am
This sounds like a great competition. You can definitely count me in on this one.
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August 25th, 2008 at 9:54 am
Hell I’m in. I have been thinking about starting a new niche blog and it would be perfect for this. When would it start?
BlackhatWay’s last blog post..You can’t own ideas
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August 25th, 2008 at 9:56 am
Great idea for a competition Jason, I’m up for it! I missed Bryan’s competition as I was busy with school during that time but now I’m considerably more free.
How about adding a further twist by having one winning group? (sum total of the sales of all the members’ blogs)
That way, there will be some networking going on too without divulging all the trade secrets
Anyways, I’m up for it.
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August 25th, 2008 at 10:04 am
I have an idea a group could all work on one blog and then split the profits at the end of the month. So one person handles marketing, one person focuses on getting links etc.
Ryan Lineker’s last blog post..NeverBlueAds: Awesome
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August 25th, 2008 at 10:05 am
Definately up for this
I only skim read the post
Will read it in more detail later
Sounds great though
Ryan @ Smarter Wealth’s last blog post..Get Your Christmas Shopping Done Early
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August 25th, 2008 at 10:26 am
@ BHW, that’s up to you guys and the level of interest shown
@ Ryan, the problem with group blogs for profit is that people will always argue – some will feel that they do more work, others will feel that X is slacking, so there will usually be problems, especially if the people don’t know each other well.
@ Girish, it’s an interesting idea… maybe get some things sponsored for the best group. We’ll see.
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August 25th, 2008 at 10:35 am
I’m definitely interested … good idea.
Minnesota Weekend Getaways’s last blog post..Three Wonderful Art Museums in Minneapolis
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August 25th, 2008 at 12:17 pm
How are you going to see if people use more than $150 to the blog?
And do you keep the goup-blogs until the winner is declared?
BlackhatWay’s last blog post..You can’t own ideas
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August 25th, 2008 at 12:23 pm
I guess Jason will be hosting the group blogs on his server and having the domain names in his account to ensure that a rogue group member doesn’t steal the group blogs.
As for spending more than $150, I guess it’s a question of trust.
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August 25th, 2008 at 12:44 pm
@ BHW, yeah, I’ll keep the group blogs hosted, and will transfer them at the end of the month when winner is declared.
As for $150, as said is a question of trust. For me, innocent till proven guilty and that’s what I believe of people, so if they’re given a guideline they will stick to it
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August 25th, 2008 at 12:53 pm
I am starting a blog now and will flip after 30 days. Wish me luck
Hussein | Random Blog’s last blog post..Sunday Link Love #5 and Updates
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August 25th, 2008 at 1:01 pm
Ok jason,
I read through this in more detail and it sounds AWESOME!
I am definately in no matter what…this sounds incredible
Oh, unless it is on in November cos ill be on my HONEYMOON!
Keep me posted
How many days would you list the blog for? do you have to sell it in sitepoint.com?
Ryan @ SmarterWealth’s last blog post..Get Your Christmas Shopping Done Early
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August 25th, 2008 at 1:27 pm
This has some potential problems. Email me and I’ll help you sort it out. I can already see a few loopholes.
Blog Flipping’s last blog post..Win An Xbox 360 And A Copy Of Madden ‘09
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August 25th, 2008 at 1:35 pm
@ Ryan, what I’m thinking is sometime around the start of the September to the start of October, with 14 days (2 weeks) for the site to sell. So even at a stretch, should finish before November.
And yeah, Sitepoint would be the place to list. You could hit Digital Point etc too, but Sitepoint is the main one.
@ Bryan, will send you an email now
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August 25th, 2008 at 1:36 pm
Just wondering if you can list at Sitepoint for free/without cc?
I’m too lazy to chedck out myself. =P
BlackhatWay’s last blog post..Win $50.00 Or Other Wonderful Prizes By Only Commenting!
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August 25th, 2008 at 1:59 pm
Dude, this is by far my favorite blog to read!! You come up with some crazy ideas and you give just enough info to keep everyone happy!! This is an awesome idea, and I am in. I just started checking out Bryan’s site too, but I found it through netfool.
Looking forward to hearing more about this.
Sell Porn Make Money’s last blog post..Need Help Selling Your Porn or Selling Someone Else’s?
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August 25th, 2008 at 2:14 pm
sounds interesting; but with uni starting …tomorrow don’t think i’ll have time.
Will keep an eye out though
Donace’s last blog post..How to: Convert Xvid to DVD using WinAVI
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August 25th, 2008 at 2:18 pm
Sounds like fantastic fun – the very best way to learn is by doing. I run blogs and build sites but have never sold a single one so hopefully this would be a great way to build on existing skills and learn yet one more way to monetize my efforts. Make sure we keep the blog URLs private during the challenge though to avoid the chance of spammers/ripoffs being created…
Richard’s last blog post..More Search In Search Results
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August 25th, 2008 at 2:36 pm
Jason,
That actually sounds like a sweet idea. I’ve considered getting into site flipping. This may be the incentive I need to get after it.
Jeremy Waller’s last blog post..2 Sources of Affiliate Traffic You Can’t Live Without
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August 25th, 2008 at 3:34 pm
Good idea. A lot of work though.
Ultimate Blogging Experiment’s last blog post..Sorry If I Offended Anyone with My “Idiot” Blog Post
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August 25th, 2008 at 3:42 pm
Actually I was thinking a similar idea after I saw how successful Blogging Idol was.
I’d love to participate in it to see what I am capable of. If you need any help, feel free to contact me Jason!
Static’s last blog post..Communicate Clearly, DON’T Ignore
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August 25th, 2008 at 4:17 pm
I’d be up for it.
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August 25th, 2008 at 5:57 pm
I think I’m up for this. Better get studying on site flipping! I hope school won’t get in the way.
Nathaniel’s last blog post..Review Winner
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August 25th, 2008 at 6:52 pm
I’m down for this. Time to do some research on sitepoint and digitalpoint and see which niche is the hottest for selling blogs.
Can we use some of the $150 budget to drive traffic to the site? Is that acceptable?
CreatingRevenueOnline.com’s last blog post..What To Do After The Flip
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August 25th, 2008 at 6:56 pm
I’m also thinking of website flipping but only knows a little about that. I’m going to check out bryan.
Paul U’s last blog post..Getting a car insurance? [Digg]
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August 25th, 2008 at 7:20 pm
@ CRO, you coud use the $150 for whatever you liked – buying traffic, contests etc
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August 25th, 2008 at 7:21 pm
[...] big news I just read is that Jason from theUniversityKid.com is having a blog flipping contest . I think it is a great idea for a contest to not only show people what it takes to flip a website, [...]
August 25th, 2008 at 7:39 pm
Oh with the $150 are we getting that from you?
Nathaniel’s last blog post..Review Winner
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August 25th, 2008 at 7:45 pm
Nope, $150 budget will be out of your own pocket. You can spend as much as you want on promoting, setting up, running your site, but not above $150.
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August 25th, 2008 at 8:05 pm
Sounds great, I’d like to enter.
Rhys’s last blog post..The Bank Holiday Weekend Upcometh
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August 25th, 2008 at 8:32 pm
Ok sounds great. $150 max for budget, flip it by the end of the month, update every week etc. When does it start? First of September?
Nathaniel’s last blog post..Review Winner
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August 25th, 2008 at 10:08 pm
A hundred and fifty bucks :O?
That’s way too much money, I’ve flipped sites for only 20 bucks counting the domain and the hosting and sold them for 300 bucks in 5 days.
Germz’s last blog post..My Viral Video Results, a must read.
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August 25th, 2008 at 11:08 pm
Sounds similar to SFU’s contest – http://siteflipu.com/blog-flipping-gone-wild-the-contest/
but awesome none-the-less, cause it is a little different. I think I’d be in for something like this.
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August 26th, 2008 at 1:57 am
I’m ready so count me in! Preparing blueprint of the blog and plans…
Ganesh’s last blog post..What’s Going On
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August 26th, 2008 at 2:58 am
Sounds like everyone is keen
Ryan @ Smarter Wealth’s last blog post..Get Your Hard Hat’s On and Look Out For Smarter Wealth
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August 26th, 2008 at 3:24 am
I’m interested in this. Sounds like it could be fun and educational at the same time.
GreenLantern’s last blog post..Piracetam – Miracle Brain Drug
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August 26th, 2008 at 3:28 am
Sounds great, if I had the time I would definitely be in…but just can’t take up another site right now!
Chelle’s last blog post..Just in Case You are Superman…
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August 26th, 2008 at 4:49 am
Looks great… heheh… btw, checks really take long to come here in Asia
Melvin’s last blog post..The PepperJam Bloggers Incentive Program
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August 26th, 2008 at 5:26 am
I am also ready for the blog flip challenge.
Great idea you’ve got there Jason. Will be fun!
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August 26th, 2008 at 6:30 am
@ Nathaniel, I’ll post tomorrow about when, where, what etc. Seems like there are enough interested people
@ Germz, and I’ve flipped sites that have cost less to create within a couple days for $1,5k. What’s your point?
150 is only a budget, you can spent zilch or all of it. Up to you…
@ all others, cool. I’ll have more details today
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August 26th, 2008 at 6:54 am
Awesome. Just on time for me. I was thinking about starting a new niche blog. I am in.
O. Messaoud’s last blog post..I want to buy ECs, sell me yours
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August 26th, 2008 at 7:05 am
Jason, count me in. Not doing for the sake of winning some money, but for the knowledge and skills I’d get off this.
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August 26th, 2008 at 4:11 pm
That not everyone can just shell out 150 bucks for a project. Well I’ll enter and try
Germz’s last blog post..My Viral Video Results, a must read.
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August 26th, 2008 at 4:15 pm
I think that quite a few people are missing the point. It’s not the money that matters. It’s the skillsets you have. For example, if you are a designer, you don’t have to fork out the extra $20-$30 on a logo.
You don’t HAVE to spend $150 but that’s just the maximum limit.
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August 30th, 2008 at 12:15 pm
Does the name of the site matter beyond a dotcom, or is the content and traffic what is most important?
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September 5th, 2008 at 2:52 pm
This is going to the best way for me to make money online
Harish’s last blog post..My Future and Present aims in Blogging
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September 14th, 2008 at 10:21 am
Hey Jason, I want to know, are we going to run the site for one month or less?
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