Are you ready to hear how one of our Buying Online Businesses graduates transformed a YouTube channel into a thriving business? In this exciting podcast episode, Jaryd Krause is joined by Jackie, a recent success story from the BOB community. Jackie initially considered traditional franchise ownership but shifted gears to the online world, where she acquired a YouTube channel that generates $4,600 per month—growing it by 30% in just a few short months!

They dive deep into Jackie's journey, discussing why she chose an online business over a "boring" offline one, how she navigated the risks, and the steps she took to purchase and scale her channel. We also cover her acquisition strategy, the due diligence process, and her top tips for first-time online business buyers. If you're looking to grow your online business portfolio, this episode is packed with valuable insights you won’t want to miss.

Catch this episode and click the ‘Play” button!

Episode Highlights

02:10 Why did Jackie buy an online business?

07:50 The due diligence process

11:45 It’s not just about having money but having a good lifestyle too!

16:00 Finding the right business for you

24:00 How much does Jackie earn from her business

Key Takeaways

➥ While online businesses still carry risks, they often provide greater scalability and reach compared to brick-and-mortar businesses. Jackie found that online businesses allowed her to target broader audiences and create new revenue streams more easily.

➥ Learning to quickly identify red flags in businesses is crucial to streamline the due diligence process and avoid wasting time on unviable opportunities.

➥ For Jackie, the lifestyle benefits of owning an online business outweighed the financial gains. The ability to create a better work-life balance was a major motivator in her decision to acquire an online business.

About The Guest

Jackie, who is a Buying Online Businesses graduate who wanted to earn another income for her and her family.

Resource Links

➥ Buying Online Businesses Website - https://buyingonlinebusinesses.com

➥ BOB SEO Services - https://buyingonlinebusinesses.com/seo-services/

➥ Download the Due Diligence Framework - https://buyingonlinebusinesses.com/freeresources/

➥ Sell your business to us here - https://buyingonlinebusinesses.com/sell-your-business/

➥ Cloud Ways (Website Hosting) - https://bit.ly/40tjyjG

➥ Ezoic (Ad Network) - https://bit.ly/3NuVR5P

➥ Convert Kit (Email Software Provider) - https://bit.ly/3o10Xgx

🔥Buy & Sell Online Businesses Here (Top Website Brokers We Use) 🔥

➥ Empire Flippers - https://bit.ly/3RtyMkE

➥ Flippa - https://bit.ly/3wGa8r5

➥ Motion Invest - https://bit.ly/3YmJAmO

➥ Investors Club - https://bit.ly/3ZpgioR

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228. Allan Arkush