In this episode, Sasha Orloff sits down with Blake Hutchison, CEO of Flippa, the leading platform for buying and selling online businesses. Blake shares insights from his career (Xero, Lonely Planet, Good44), and explains how Flippa operates as the ‘investment bank for the 99%,’ providing a marketplace for subscale business transactions. The episode dives into the opportunities presented by the marketplace, key deal characteristics, and the different buyer segments. They also discuss the importance of financial literacy for subscale businesses, provide tips for first-time buyers, and offer predictions for the future of flipping businesses.
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Apple Podcasts: https://podcasts.apple.com/us/podcast/id1765665937
Spotify: https://open.spotify.com/show/2HwSNeVLL1MXy0RjFPyOSz
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SPONSORS:
RIPPLING
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LINKS:
Flippa: https://flippa.com/
https://www.linkedin.com/in/blakehutchison/
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X/SOCIAL:
@sashaorloff
@Flippa
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TIMESTAMPS:
(00:00) Preview
(01:20) Intro
(02:26) Blake's career journey
(03:37) Flippa: The investment bank for the 99%
(05:55) Focus on digital assets
(07:20) Selling and buying on Flippa
(14:20) Buyer types and market dynamics
(18:30) Sponsors: Rippling | Anrok
(21:22) Investing in digital assets
(26:28) Navigating the first-time buyer market
(28:05) Buyer intent and market trends
(33:47) Common deal breakers in business sales
(36:46) Financial literacy and cloud accounting
(44:27) Future trends in online business flipping
(47:47) Getting started with Flippa
(49:02) Wrap
