EP112: He Sold His “Hobby Blog” for $3 Million - with Jim Wang

In the blogging world, Jim Wang is one of the early pioneers turned blogging legend. As a software engineer in 2005, Jim started blogging about how he set up his monthly budget, how he opened a retirement account, where he shopped for deals, and how he managed his everyday money. It was his hobby. Something he did on nights and weekends as a way for him to document everything he was doing financially while fulfilling a need for a hobby. His blog never made any money in the beginning because he was never trying to make money. 
He just liked blogging. However, over a few years of consistent posts on his blog, readers started catching on and over time his site began to grow. 
And grow...and grow. Then just five years later, a company offered Jim Wang $3 Million to buy his little “hobby blog” from him. I of course needed to how this all happened, which is why I asked Jim to come on the show. In this episode, Jim and I talk about… • Getting started • Going from hobby to business • Why relationships are still important (even online) • Consistent effort over time and how it related to Jim • Restarting - Jim eventually started a second blog from the ground up • On storytelling - facts tell and stories sell • And more...
 All the show notes, links and anything Jim and I mentioned can be found at https://www.moneypeach.com/session112