Josh Buckley Internet Entrepreneur

So, it’s a month since my previous high five figure website sale. I’ve still been recieving a lot of attention about it, a month on. Questions about what i will do with this hefty sum of money at my age. Whilst i did slightly cover what i will be doing with the money in the post about the sale, i didn’t go into as much detail as i could have.

As soon as i recieved the first lump sum, within the hour that i sold the website i transferred a lot of it to my savings bank account. Basically, I sent £10,000 to a high interest savings account. Overall, there is about £15,000 in that savings account with roughly 7% annual interest. Boy was it funny for the bank staff to see a 15 year old kid depositing £10,000 in a bank account. Ofcourse, that 10k is only chump change now….
I use paypal as my working capital for business, which basically contains way more than i actually need for business. I won’t be going into the amount i actually have in paypal, but it’s quite deep into the thousands. I haven’t got all of the money from the sale yet, as it comes as a monthly income for two years. Despite the very hefty fees, that money is going straight to my paypal account.

Ofcourse, i haven’t just been saving all this money. Money is there to be enjoyed! A few things i have done with the money so far, and am planning to do with the cash:

• Bought new monitor, new computer
  This was actually before the sale. However, i was anticipating that the sale was going to happen when i bought this monitor. The total package for these two is around £1,600. It consists of:
  - Dell ultrasharp 30″ tft monitor
  - Intel Core 2 duo 2.40GHZ processor
  - Nvidia geforce 8600 GT graphics card
  - one of the best Fatal1ty motherboards
  - 2GB ram
  And that’s about it. I didn’t really know much about computer parts before I built this (with help from a friend of my dad’s) So, i had to get help from tom and oblivion from chatwebdev. Thanks guys!
• We’re going on a cruise!
  Me and my family are going on a cruise. This is the first time that i’ll be paying for a holiday of my own. The cruise will be for 10 days in july around europe. It should be great fun!
• Xbox 360
  Everybody has one of these bad boys! So, i sold my wii, which sucked. I plan on getting one soon, so if any readers wanna get owned - i’ll be on xbox live soon
• Taking friends out
  I treated some of my friends to a lunch last week, that’s one to check off the list Was a great lunch
• New phone?
  I’ve been looking around for a new phone recently. One that i can check my e-mail/use msn on etc.. I tried out the iphone, and i love it. Shame about the horrible contract though, i’m not willing to spend that much.
• New camera?
  With little knowledge of cameras, this one is pretty hard. Although, this is one that I will probably make good use of. It will mean i get to post photos on the blog, which definitely makes more quality content
• Laptop???
  Whilst i love this new pc and 30″ monitor, i fell in love with the macbook. I probably won’t get one for a couple of months - but i think it will be great for travelling and just using around/outside the house.

Now, i think that list is pretty full. Although, this only adds up to a tiny fraction of the sale amount. The rest of the money will all be invested into my new projects, of which there are many. I have quite a few partnerships in the works. Unfortunately, the url’s won’t be getting posted on this blog, at least not for a while yet.
I may however be posting information about what kind of money i am bringing in from these new projects.

So, i hope this post cleared anything up This should be the last i’ll be posting about the sale.