Codie Sanchez owns a $50 million dollar company that specializes in running “boring businesses”. By boring businesses, think ice vending machines, laundry mats, car washes…every day businesses that make a ton of money but are not considered sexy. In this episode. you’ll learn an unconventional way to think about entrepreneurship. What You’ll Learn Why you should take an unconventional approach to starting a business Why you are f*cked if you only have 1 income stream Why boring is better than sexy Other Resources And Books Contrarian Thinking – Join Codie’s newsletter Sponsors Postscript.io – Postscript.io is the SMS marketing platform […]
Today I have my friend Joe Valley on the show. Joe is the co-owner of Quiet Light brokerage which is an online brokerage firm that helps you buy and sell businesses. I asked Joe to come on the podcast to discuss the overall online business market, how to sell your online business, the typical valuations he’s seeing, and the Amazon FBA roll-up land grab that is going on right now. What You’ll Learn How to get top dollar for your online business. The typical business valuations for Amazon businesses vs owning your own website. How to become an “exitpreneur” Other […]
Today I’m happy to have my buddy Chris Guthrie back on the show. Now a lot has changed since I last interviewed him in episode 53. For one thing, he’s bought and sold a bunch of businesses in the past 4 years and he recently joined Quiet Light Brokerage as well. So today, we’re going to break down Chris’s process on how he selects businesses to buy. What You’ll Learn Where to look for potential deals and how to find them The typical multiples for different types of online businesses How to vet good companies to buy Common mistakes when […]
Today, I’m thrilled to have my friend Thomas Smale on the show. Thomas is the founder of FEInternational, one of the largest and most prolific website business brokers on the internet. Thomas has completed hundreds of millions in SaaS, ECommerce and content business acquisitions since 2010 and he’s got a huge network of pre-qualified investors. In this episode, we break down what multiples businesses are selling for today and how to prepare your business for sale. What You’ll Learn How Thomas founded FEInternational Why and how Thomas got into the business of buying and selling businesses The online business models […]
Today I’m thrilled to have Spencer Haws back on the show. If you don’t remember him from Episode 54, Spencer runs the popular blog NichePursuits.com where he teaches others how to start niche online businesses. He was one of the speakers at the Sellers Summit talking about SEO. He’s also the creator of Long Tail Pro which is one of the best keyword research tools on the market today. But recently, he decided to sell that business and being the nosy guy that I am, I wanted all the details. Enjoy the show! What You’ll Learn Why Spencer decided to […]
Today I’m really excited to have Dana Jaunzemis back on the show. Dana is someone who I met through Andrew Youderian and she’s actually in a private group that I meet with on a semi monthly basis. If you don’t remember Dana, I had her on episode 85 of the podcast where we discussed her strategies for acquiring and growing existing businesses. Well since that interview Dana has acquired yet another company and we’re going to talk about how she’s already doubled its revenues. In addition, she was lucky enough to attend Amazon’s womens conference last month which we discuss […]
Dana Jaunzemis is an ecommerce entrepreneur who I met through Andrew Youderian and we are both in the same private group that meets on a semi monthly basis. Dana runs HomeHealthTesting.com and blogs about ecommerce and entrepreneurship at 44Ideas.net. She’s a lifelong entrepreneur and has been starting, buying and selling businesses for over 25 years. What’s cool about Dana is she specializes in acquiring small businesses whose sales have plateaued and reignites their growth. I know a lot of you out there listening already have ecommerce businesses that may have plateaued or you might be interested in buying a business […]
Why start an ecommerce store from scratch when you can buy an existing site and double its revenues? Today, Bill D’Alessandro shows us the exact process he goes through to buy an online business and how he finds stagnant businesses to buy that he can improve upon within a short time frame. Bill D’Alessandro owns a portfolio of ecommerce stores which you can check out at ElementsBrands.com. In this interview, Bill and I will be referring to his recent acquisition NurtureMyBody.com. Enjoy! What You’ll Learn Why you should consider buying a business as opposed to starting one from scratch How […]
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