The Quiet Light Podcast
3 Steps To Avoid Failure When Buying an Online Business
Apr 4, 2023
Jaryd Krause, Founder and CEO of Buying Online Businesses, talks about the benefits of buying established businesses instead of starting from scratch. He shares insights on the leading marketplaces for online businesses, considerations for purchasing a content site, and the importance of investing in education before making a purchase. The podcast also highlights the significance of performing thorough due diligence and emphasizes the importance of seeking assistance when buying an online business.
46:40
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Quick takeaways
- Seek professional guidance and assistance when buying a business to ensure proper preparation and informed decision-making.
- Develop a positive relationship with the seller by establishing rapport and connection to foster collaboration and potential opportunities beyond the initial transaction.
Deep dives
Importance of Getting Help When Buying a Business
When buying a business, it is crucial to seek professional guidance and assistance. The podcast emphasizes the significance of getting help from experts who can provide valuable insights and support throughout the buying process. By seeking help, buyers can learn how to properly prepare, make informed decisions, and be successful in their acquisitions.
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