Sep 22 2004

I’m Now A Millionnaire

Category: From My LifeJeremy Wright @ 7:10 am

Well, you’d think I was the way people have started asking for money since I announced the sale of Ensight. Specifically since I announced I wouldn’t be accepting any bids under 15,000$ (US).

I’ve had people approach me straight out asking for a hand out, wanting me to invest in their business, wanting me to give them money for free books, so they can take their wife to dinner… I’ve literally had more than 50 requests for money in the last week.

You’d think I’d sold it for a million dollars.

But I haven’t, thankfully (I think). I’ve sold it for a reasonable amount, and the full deal includes monthly compensation for me, which brings the total into that 15,000$ US range. I’ll be posting details of the deal later.

Edit: What does 15,000$ mean to me? Obviously it’s not enough to change my lifestyle. But it is enough to pay off my student loans and to take my wife on our honeymoon, as we never really got one when we got married 4.5 years ago. So, for our 5th anniversary we’re going somewhere nice, thanks to the sale of Ensight. That’s it.

Thankfully, this whole thing hasn’t been negative. I’ve talked to 3 other people who are now considering selling their blogs. The blogs are smaller, more targetted and actually have interested buyers. It seems I may have started something. As far as I’m aware, Ensight’ll be the first blog to be sold for anything beyond the domain name’s value (a couple of hundred bucks typically). It’ll be the first blog to be sold as and bought as a blog.

I was talking to one person on the phone last week and realised that someone could easily build a network of likeminded blogs simply through buying them. Likewise they could build a network of blogs simply by getting bloggers together. I mean, what’s to stop BusinessPundit, Business Evolutionist, The Occupational Adventure and Venturepreneur from teaming up and maximizing some ad dollars, clout and developing a blogging brand?

Off topic, I know.

Getting back to the topic of the sale…

Yes, it’s going through. No, I don’t have a timeline. Yes, ad contracts will either be honoured or refunded in full. Yes, I intend to post the full details of the deal here. Yes I am hoping this becomes big news so that it helps people realise that blogs have a real value proposition to bring to the table as something more than simply link farms. That blogs, as blogs, are a good business and can make money.

More details to come, including some thoughts that have been stirring in my head. Hopefully I’ll have a few related posts today. Maybe we’ll call it “Ensight Sale Day” or somesuch.

31 Responses to “I’m Now A Millionnaire”

  1. pMblog says:

    [...] achine.com/comments/190_0_1_0_C/’> I’ll Sell You My Blog

    Jeremy Write has just sold his blog for $15,000.  I can already see a new industry:  Blog [...]

  2. aderemi’s notebook / Selling Blog for Dumbies? says:

    [...] Selling Blog for Dumbies? 19:58 | Wed, 29 Sep 2004 Some dude recently sold his blog for $15,000. Any bidders for cafe151 ? link | Comments (0) | category: [...]

  3. gurusblog.com » Se ha vendido el primer Blog says:

    [...] tenemos notícia de que el Blog Ensight ha sido vendido por 15.000 $. Resulta interesante leer las reflexiones del autor del Blog sobre el proceso de la venta. Hay un co [...]

  4. Vinnie Garcia says:

    I’m glad the proceeds of the sale are going to a good cause. It will be good to drop the student loans, and I’m sure the wife will appreciate the honeymoon (my honeymoon was only 2 days long thanks to a lack of funds while saving up to buy a place).

  5. Rob says:

    Congratulations! Maybe I’ll work on that blog ring advertising thing you threw out.

  6. BusinessPundit says:

    Selling Blogs
    Jeremy Wright has sold his blog. This could be the start of something. Could someone become a blogrepreneur, starting blogs, building the brand and then…

  7. Jeremy C. Wright says:

    I figured you’d like that. If you need a hand, let me know. As I mentioned, I know a few folk who could be interested in this type of thing, myself included :)

  8. Olivier Travers says:

    We sold MarketingFix in June last year (now with a new owner and known as MarketingVox). I won’t disclose the amount but take my word for it that it was more than what you got for Ensight :-) . But then we were five people doing it and the content and audience were (still are) very targeted.

  9. Jeremy C. Wright says:

    Olivier, yeah I’d known about that. I’d never really considered that a “blog” so much as a business delivery mechanism based on a blog.

    I’m sure that’s just me being technical though :)

  10. mariano says:

    congrats.. if you hace 15$ around i can sell you mine :P

  11. Denken Über says:

    Weblog vendido
    Formas de hacer plata con los weblogs hay varias, publicidad, sponsors, convertirse en un weblogger corporativo, Amazon Associates y Hosting entre otros; pero escribir un weblog, cuidarlo, hacerlo crecer y luego venderlo no creo que se le haya ocurrido…

  12. Noticias de Bitacoras.com says:

    Weblog vendido
    Mariano Amartino: “Formas de hacer plata con los weblogs hay varias, publicidad, sponsors, convertirse en un weblogger corporativo, Amazon Associates y Hosting entre otros; pero escribir un weblog, cuidarlo, hacerlo crecer y luego venderlo no creo que…

  13. Ingoal says:

    Congrats Jeremy. Before this I never even thought about the possibility that a blog could be “a product” which can be sold…you’ve changed that…let’s see if any other “major blogs” are going to change hands too in the near future…

  14. Jay Solo says:

    Very cool!

    I can’t say the idea of a blog as a product hadn’t occured to me before. Corante comes to mind. As do the Denton properties. It’s just unusual for a more or less hobbyist blogger to move into a commercial situation, and I am not sure that has happened in the form of a “sale” of a blog.

    It makes me go “hmmmm…” in regard to the idea of focus and building a brand and audience for a blog of some topic or another.

    It also makes me ponder the future of memes like Carnival of the Capitalists if commercial blogs ever dominate.

  15. Trudy W. Schuett says:

    re: Blogging Brand — whatcha think I’m doing over here with my 7 blogs and an interest in three more? Uh, huh…

    Only I never quite thought of it in those terms before!

  16. Trader Mike says:

    That’s great news Jeremy! Congratulations and enjoy the honeymoon.

  17. Venturpreneur by Gordon Smith says:

    A Market for Blogs
    A few days ago, I read Jeremy’s reference to this blog when talking about the sale of his own blog for $15,000. (On the close of bidding, see here. ) This was obviously a nice event for Jeremy, allowing him…

  18. Peaktalk says:

    AGGREGATING BLOGS
    Jeremy Wright the owner of Ensight, a blog about business and technology, has sold it for the tidy sum of $15k and a monthly fee, allowing him editorial control in return for all advertising revenue. The BusinessPundit asks if this

  19. Gautam Ghosh says:

    Congrats!

    Looking forward to how this shapes up in the coming weeks!

    regards
    Gautam

  20. Ahorre Marketing says:

    Congrats, you now have broaden a new catgory in blogging. Geoffrey

  21. Rogi: Alive and Direct says:

    This Weblog Is Not For Sale
    Seemingly, some people are starting to sell their weblogs. This one, for example, went for $15,000.

    Next up: cynical profiteers start flogging 'How to write and then sell your weblog' books. Or have they already?

  22. coprolalia says:


    Guy sells his blog for $15,000 (at least). Make your own joke about the value of this one….

  23. aderemi's notebook says:

    Selling Blog for Dumbies?
    Some dude recently sold his blog for $15,000. Any bidders for cafe151 ?

  24. Reflexive-Blog says:

    Bloggers, Win Money ! Sell your Blog !
    15000 USD

  25. Technology Futurist says:

    Blogsphere Milestone: First Blog Sold
    Argumente, my favorite Romanian blog, reports on the first sale ever of a blog.  Could this be a breakthrough in the history of blogging?  How much could a blog be worth?  Is there such a thing as a blog business model?  All intrigu…

  26. j's scratchpad says:

    Man Sells Blog
    Jeremy C.

  27. TJ's Weblog says:

    the blogging acquisition fever
    It seems we have entered another hype phasis. After Jeremy’s publicity stunt some weeks ago now DefenseTech has found a new home under Military.com: “I’ve been a big fan of DefenseTech.org for years. It’s arguably the premier defense and technology…

  28. Austin Chase -- This Blog's For You -- New.AustinChase.com says:

    Damn I hurt good + Microsoft does blog
    “Diary of a Muscle Boy” continues…
    I wanted to write this great article on the taste of protein but it ain’t happening right now…(though all my pain is good).
    Blog Magazine is launching.  I also sold Blog TV for a very decent piece o…

  29. Kristina Mohr says:

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    I’m Now A Millio…

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