Matt Raad has created financial freedom in his life, starting from zero and using a very unconventional method. Both he and his wife, Liz Raad are website investors, which means they use digital assets to generate their cash flow and wealth.
They were one of the first in the world to realise that they could buy websites, renovate them like real estate, and then sell or keep them for cash flow.
Matt started out as a zoologist with his wife Liz, buying their first business, expanded into multi-million dollar mergers & acquisitions, and then transitioned to investing in online businesses where the cashflow returns were so much better.
As successful entrepreneurs and investors, these days they love teaching beginners how to reach 6 & 7-figure website portfolios using a similar strategy to buying & renovating traditional real estate.
Matt Raad shared in this episode:
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His earlier days: growing up and trading toys
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What drives him
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How he transitioned from a zoologist to a website investor
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How he started his business with the help of family
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How he grew his business over a decade
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How his desire for financial freedom matched Liz’s zest for total freedom
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His belief that diversification is key to success
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How websites can be bought and sold for cash flow
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How he really got good at buying rundown businesses, fixing them up, and systemizing
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How he associated and learned from mentors
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The challenges of exporting from Australia
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How business challenges led him to website business
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How the E-business Institute was born
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Skepticism around online business
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How media companies are buying up successful websites
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How niche passion sites in Australia are getting bigger and bigger
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How easier the digital business model is compared to the brick-and-mortar model
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How he started generating income on autopilot
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How easily scalable the website business is
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The flexibility and lifestyle that digital business allows
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The technicality involved in managing website portfolios
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The typical client they love working with
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The secret to selling seven-figure websites to organizations
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The importance of enjoying the journey and not looking for shortcuts
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His life-changing question: Is there an easier way to do this better?
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The importance of having a clear vision in achieving your goals
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His future goals: traveling, spending three to four months of the year living in inspirational locations, and working solely from his laptop.
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Resources Mentioned In The Show
- FREE 90-minute masterclass on how to buy and renovate websites for semi-passive incomehttps://ebusinessinstitute.com.au/masterclass/
- 4-hour work week Tim Ferris https://fourhourworkweek.com/
- Tony Robbins Personal Power 2 https://www.tonyrobbins.com/power2/
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Matt Raad’s LinkedIn profile https://au.LinkedIn.com/in/matt-raad
If you would like more insights on profit maximization for your business, visit www.ProfitHive.com.au