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Entrepreneurs on Fire with John Lee Dumas

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Jim Wang: How He Sold His Personal Finance Blog for 3 Million Dollars

Jim Wang founded Microblogger, where he teaches aspiring bloggers how to grow their businesses and earn a sustainable income. He got his start with Bargaineering, a personal finance blog that was acquired for $3 million.

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Resource Mentioned:

  • Your Big Idea: Successful Entrepreneurs have One Big Idea. Follow JLD’s FREE training & you’ll discover Your Big Idea in less than an hour!

Success Quote

  • “Always do what you are afraid to do.” – Ralph Waldo Emerson click to tweet!

Business Failure

  • Jim and his friend were adamant about starting the second “flight comparison” site to Expedia in 2003. With no one in charge, they lost focus and quit. Kayak, Hipmunk and others have proven there was a need in the marketplace, and Jim’s lack of leadership cost them big time.

Entrepreneurial AH-HA Moment

  • Jim’s AH-HA moment came when MSNMoney called him about his then small-time blog for syndication opportunities. Listen to how he almost threw away the best opportunity of his life!

Current Business

  • Jim’s current blog and podcast are driving his passion, as he is once again small in numbers, but big in engagement and impact. Fun!

Small Business Resource

  • PicMonkey: Editing your photos is easy with PicMonkey! Add filters, frames, text, and effects with our free online photo editing tool!

Best Business Book

Interview Links

Sponsors

  • LegalZoom wants to help you start your business right. Visit LegalZoom.com, where you’ll find award-winning services developed by some of the best legal minds in the country, and enter FIRE in the referral box at checkout.

Killer Resources!

1) Free Podcast Course: Learn from JLD how to create and launch your podcast!

2) Your Big Idea: Follow JLD’s FREE training & you’ll discover Your Big Idea in less than an hour!

3) Funnel On Fire: Learn how to create a funnel that converts!

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