The Deal Fell Through

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This has not been the best week or month so far. First, I am still having problems with my outsourcing (more on that another time). Second, I just got some unfortunate news.

As I mentioned on Monday I am or I should say I was about to buy my first website. Unfortunately, someone offered more for it than I thought it was reasonably worth, so I ended up having to pass on the deal.

I have to say I am somewhat disappointed by the whole experience but such is life. The one piece of advice I can give you out of all of this is the following. Never be afraid to walk away from a deal if it no longer makes financial sense.

Many people get so caught up in bidding on auctions that they don’t think things through properly. Have a set price in your mind what you think a website or a blog is worth and stick to it. Don’t let yourself get caught up in the emotion of buying.

That’s my advice anyway. Plus, I am sure that there will be more websites to buy in the future. It’s still is a buyer’s market out there.