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200% ROI with a simple “buy and re-sell”: how did we do it?
With a friend of mine, we bought a simple template directory on Jan 23 as a bet. Our goal was to re-sell it with no activities and no effort in a couple of months, hoping to get a good ROI on it. We sold it on Jun 23 on Microns.io.
But how did we do it? Could you do the same? The answer is yes.
In this article, I’m going to show you what drove us to choose a particular project to buy, how we managed it during these months, and how we sold it.
The idea
First of all, I had previous micro-exits in 2022. These micro-exits taught me how to manage a project, from the first customer acquisition to the final negotiation for selling it.
When I sold my third SaaS, I decided to study better this market. You can read my full story here: https://medium.com/@gagliardidomenico/how-we-built-and-sold-3-micro-startups-in-6-months-bootstrapped-having-a-full-time-job-628627abfc42
I sold these micro-startups using the platform Acquire. There are a lot of interesting platforms for buying and selling SaaS:
- Acquire.com
- Tinyacquisitions.com
- Microns.io
With a friend of mine, we asked ourselves: what if we identify a good opportunity (generally…