Acquiring Minds Buying an Online Side Hustle (for Less than $5k)
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Aug 23, 2021 Vivian Chen, an entrepreneur who bought and grew an abandoned online business while keeping her day job, shares advice for side hustlers, parallels between buying an online business and real estate investing, and knowing yourself as an acquisition entrepreneur. It takes longer than expected, so get started!
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Vivian's Hotel Project Experience
- Vivian Chen worked on large hotel projects as a coordinator managing teams and contractors.
- After 10 years, she decided to buy a business instead of starting one from scratch due to her strengths in managing operations.
Know Your Entrepreneurial Strengths
- Know yourself and determine if you're better at building a business or managing an existing one.
- This self-awareness helps decide if buying a business to manage suits you better than starting from scratch.
Finding Modern Inkeeper
- Vivian researched hundreds of online businesses on marketplaces for months.
- She chose Modern Inkeeper because of its fitting market and appealing name.