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#037 Inside Buying & Selling Internet Businesses with Thomas Smale, Founder/CEO of FE International
Smart Friends
How Do You Make Money on a Deal?
If you can buy essentially a miss priced asset in space, which is lak transparency, or whatevert, that might be fundamentally like what we do. We've tried to educate em in poleris n i common pocces, for example, trying to educate people as to what their businesses are worth and how to approach it. If you're an expert buyer and you're good at negotiating and persuading people to sell their business to you, that business model can work t that's definitely not for the average person. The entry price is not the only important thing in this industry - if you can buy ugly things then they'll make you money.
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