Money Peach

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


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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

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Money PeachBy Chris Peach

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