Did I Mention I Re-Purchased Get Rich Slowly?

30 December 2017 · 8 comments

I was browsing through the archives here at Foldedspace today and I realized that I never shared my biggest news from 2017: I bought back Get Rich Slowly!

Eight after I sold the site, the company that bought it from me dropped me a line. “Would you like to buy it back?” they asked. I told them that if the price was right, I would. The price was right.

We started discussions on the deal in late March, but for a variety of reasons, we didn’t actually close the deal until October. I published a few articles in October, and have been writing full time at Get Rich Slowly for two months now. I love it! It feels great to be back.

So far, reader response has been fantastic. People love the site almost as much as I do, which is edifying. In the two months since taking control again, I’ve managed to double traffic (although it remains a fraction of what it was at its peak). About 1000 people have subscribed by email (joining nearly 5000 Money Boss subscribers — I’ll merge the two lists soon). And during the month of December, I’ll make about $1500 from the site.

Now, $1500 isn’t a lot of money in the grand scheme of things. But when you consider I’m putting minimal effort into monetization, that’s actually a terrific number. It makes me believe that Get Rich Slowly can absolutely provide a sustainable income going forward. That’s yet another margin of safety so that I don’t have to rely solely upon my investments.

Now we can add some more data points to my timeline of twenty years of blogging. Let’s expand things to 25 years and hit the bullet points:

What does the future hold? For now, my sole focus is on re-building Get Rich Slowly. That’s where all of my attention is being directed. Assuming I can build it into an actual business again — and I think that’s doable — then I’ll be smart this time and hire people to help me do the things I want to do. That’ll then give me time to build other websites. But for now? For now, I’m all about GRS.

Anyhow, I suspect many of you brave souls who still hang around here at Foldedspace — despite the lack up updates — are actually former Get Rich Slowly readers. If that’s you, you may want to check out GRS 3.0. I love it — and I hope you will too.

{ 8 comments… read them below or add one }

1 Josie December 30, 2017 at 21:05

I wanted to mention that it’s been 624 days since anything has popped up on my RSS feed for Get Rich Slowly. Fixing that would probably bring a lot of traffic back

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2 Todd Helmkamp December 31, 2017 at 05:44

Good to hear! I haven’t bothered with that blog in a looooong time. I’ll resubscribe!

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3 Jenn January 1, 2018 at 17:48

So happy to hear this news (even though I already knew. )

Things are looking up!!

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4 JoAnne January 2, 2018 at 09:16

I also haven’t seen anything on the get rich slowly blog in 627 days.

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5 FrugalStrong January 9, 2018 at 16:12

I follow you on all your sites, including Far Away Places! I hung on to GRS for a bit after you left, but it went downhill quickly. I’m so glad you’re back.

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6 Mike Ingram January 16, 2018 at 13:22

That is great news! I stopped following after you sold it. It was just not the same. Glad you are back. I look forward to what you have for the future.

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7 LennStar January 23, 2018 at 05:36

I do hope you merge them fast. I am sure I already missed something ;)

I “deleted” myself from GRS when the quality degenerated to what seemed to be ad posts only.

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8 Mac | Personal Finance Blog October 12, 2018 at 02:41

This is such great news. Twenty years of blogging is a huge deal. Good luck on re-building the site. Given that Get Rich Slowly was doing so well before, I would not be surprised if reached new heights again. It is a good idea that you can generate sustainable income from your blog. Thanks!

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