Buying Online Businesses Podcast

Buying Online Businesses
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6 snips
Feb 14, 2024 • 46min

10x Your Content Website From $300 - $3,000 p/mth with James De Lacey

James De Lacey, a seasoned strength and conditioning coach turned online entrepreneur, shares his strategies for scaling content websites. They discuss pivoting to SEO, buying established websites, building authority, and leveraging 'The One Thing' in business strategies. James also emphasizes the importance of turning a content site into a profitable business that people love and pay for.
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Feb 7, 2024 • 50min

Increase Blog Revenue By Bolting On A Newsletter Business with Craig Schoolkate

Have less traffic on your blog? No problem! You can still earn more money through a newsletter. In today's episode, Jaryd Krause is joined by the dynamic Craig Schoolkate. So, get ready for insights on ramping up your blog revenue through the power of the newsletter business.  Craig developed his copywriting skills under Quinn Zeda at Zeda Labs. While at Empire Flippers, he found a passion for newsletters and successfully built one with 60,000 readers, boasting impressive engagement statistics. Currently, he authors the Growth Memo and oversees the growth of several newsletters, reaching a combined audience of over 89,000 entrepreneurs and marketers. Jaryd and Craig dive into starting  a newsletter. Why should every business have a newsletter (not just for extra money but for far more important reasons)? How do you grow a newsletter? What metrics should you track and how? And what email service provider (ESP) can you use? They also discuss building a brand within the newsletter. How can you make your newsletter and blog magnetic so that people will come to you with advertising dollars and opportunities?  Lastly, Craig shares the 3-legged marketing stool. This is so valuable; businesses should know how this works and incorporate it into their strategy. It's a game-changing episode you won't want to miss! Tune in now and generate more money for your online business.    Episode Highlights 04:08  Craig’s journey into copywriting and online entrepreneurship 12:02  How do you transform relationships into business success?  23:32  Unlocking your potential and monetizing your email list as a blogger  30:03  The art of value-centric growth and monetization  44:43  What are the best strategies to optimize a newsletter?    Key Takeaways ➥ According to Craig, an email list is considered the most important business asset. He goes so far as to state that if a business doesn't have an email list, it may not be considered a true business. The rationale behind this assertion is that an email list provides a consistent and engaged audience to whom products can be sold or who can be directed to the business's website. ➥ Craig promotes a shift from a competitive mindset to a collaborative one. Instead of viewing other businesses as competitors to be surpassed, he encourages businesses to see the potential for collaboration and abundance for everyone involved. This approach involves thinking about what can be given to the audience rather than what can be taken. ➥ To successfully monetize a newsletter, Craig recommends first defining a unique value proposition that sets the content apart. Subsequently, he emphasizes the importance of a testing phase with a small audience, gathering feedback, and refining the content based on responses. Adopting a long-term approach, he suggests building healthy metrics, such as achieving 50% or more open rates and minimizing unsubscribes to less than 1%, before considering monetization strategies. One of the primary methods he highlights is the introduction of sponsorships, but he suggests waiting until the newsletter is well-established and exhibits robust engagement. The quality and engagement of the content play a crucial role in attracting sponsors and retaining subscribers for successful long-term monetization.   About The Guest Craig Schoolkate was nurtured into the craft of copywriting by Quinn Zeda, founder of a left-field CRO agency called Zeda Labs. When he moved on to Empire Flippers, he discovered his love for newsletters. He built the Empire Flippers newsletter, which had 60,000 readers, a 53.5% average open rate, and 96%+ of the audience read the entire email every week. Now, he writes the Growth Memo and leads the growth of multiple newsletters with a total audience size of 89,000+ entrepreneurs and marketers.   Connect with Craig Schoolkate  ➥ Craig's Website - https://www.hitnewsletters.co/ ➥ Everything You Need to Know About Newsletters - https://bit.ly/3OmYIhH ➥ Reach Craig at - Craig@hitnewsletters.com   Resource Links ➥ Sell your business to us here - https://www.buyingonlinebusinesses.co/sellyourbusiness ➥ Buying Online Businesses Website - https://buyingonlinebusinesses.com ➥ Download the Due Diligence Framework - https://buyingonlinebusinesses.com/freeresources/ ➥ Active Campaign - https://bit.ly/3DCwYQH ➥ Convert Kit - https://bit.ly/3o10Xgx ➥ Substack - https://substack.com/ ➥ Beehiiv - https://www.beehiiv.com/ ➥ Passionfroot - https://www.passionfroot.me/   🔥Buy & Sell Online Businesses Here (Top Website Brokers We Use) 🔥 ➥ Empire Flippers - https://bit.ly/3RtyMkE ➥ Flippa - https://bit.ly/3WYX0Ve ➥ Motion Invest - https://bit.ly/3YmJAmO➥ Investors Club - https://bit.ly/3ZpgioR   This post may contain affiliate links, so we may earn a small commission when you make a purchase through links on our site/posts at no additional cost to you.See omnystudio.com/listener for privacy information.
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Jan 31, 2024 • 49min

7 Figures From Flipping Websites & How To Get The Best Exit Possible with Marc André

You might be thinking—there's NO way that flipping websites can earn you 7 figures! But it’s possible and that’s what Marc André did.  In this exciting episode, Jaryd Krause has invited Marc to share his incredible journey on flipping websites.  Marc has been building online businesses since 2007. He's built and sold businesses in different niches like web & graphic design, photography, travel, and personal finance, with 6 different six-figure exits. His current project is FlipMySite.com, where he writes about buying and selling websites and online businesses. Jaryd and Marc dive into several topics, such as: How and what does it take to move out as an employee? What sites did he start? And what sites he bought and how much he’s made from selling sites?  They also discuss Marc’s strategies in growing his sites. How did he set them up to sell? How much time did he give himself and the things he did to make them attractive businesses? What does he recommend to people who are looking to sell websites? If you’re interested in flipping websites, here’s your chance to learn from someone who has achieved massive success. Catch this episode today and transform your life!   Episode Highlights 03:18 Marc’s journey through online business ventures and exits  17:16 How do I improve domain authority?  27:13 Exploring the impact of AI in search results for content sites 36:55 How do you make your site attractive to buyers? 43:19 Growing affiliate revenue from zero to $10,000 in six months 47:45 Insights into business growth and success with Marc    Key Takeaways ➥ Marc Andre's shift from an employee mindset was driven by the realization that he could create something for himself when traditional career paths were not delivering the opportunities he sought.   ➥ Marc explains that he performed a thorough site audit for the first site with 700 blog posts, focusing on content improvements. He deleted outdated content, redirected URLs, and identified content to update or create. He didn't engage in link building but concentrated on content, working with freelancers to generate new content. He also doubled down on specific affiliate programs and, within a year, significantly increased the affiliate revenue on the site from around $1,000 per month to $6,000 to $7,000 per month.   ➥ Marc also shares his strategy for analyzing competitors in the niche after Google algorithm updates. He looked at about 20–25 sites to identify trends among those that were doing well post-update. He found that successful sites were more focused and had a better balance of content, whereas sites with excessive affiliate-heavy content were trending downward. About The Guest Marc has been building online businesses since 2007. He's built and sold businesses in different niches like web & graphic design, photography, travel, and personal finance, with 6 different six-figure exits. His current project is FlipMySite.com, where he writes about buying and selling websites and online businesses. Connect with Marc André➥ https://flipmysite.com/➥ https://www.linkedin.com/in/marc-andre-a75927181/➥ https://twitter.com/Flip_My_Site     Resource Links ➥ Sell your business to us here - https://www.buyingonlinebusinesses.co/sellyourbusiness ➥ Buying Online Businesses Website - https://buyingonlinebusinesses.com ➥ Download the Due Diligence Framework - https://buyingonlinebusinesses.com/freeresources/➥ Hostinger (Website Hosting) - https://bit.ly/3HUqW0s     🔥Buy & Sell Online Businesses Here (Top Website Brokers We Use) 🔥 ➥ Empire Flippers - https://bit.ly/3RtyMkE ➥ Flippa - https://bit.ly/3WYX0Ve ➥ Motion Invest - https://bit.ly/3YmJAmO➥ Investors Club - https://bit.ly/3ZpgioR   *This post may contain affiliate links, so we may earn a small commission when you make a purchase through links on our site or posts at no additional cost to you.See omnystudio.com/listener for privacy information.
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Jan 24, 2024 • 1h 14min

How To Build An Unshakeable Business Mindset When The Going Gets Tough With David Ralph

Most businesses fail. And it’s not just a myth; it’s an undeniable reality. Are business owners lacking the necessary skills to succeed? Or is their mindset stopping them from reaching the full potential of their business?  Joining the BOB podcast is David Ralph, who will share the business mindset that every entrepreneur should have to thrive in the ever-competitive online landscape. David is the stress-free businessman who teaches people to build their dream business in just a few hours per week. David’s podcast ‘Join Up Dots’ is in the top 0.5% of the best podcasts online. If you want to create the kind of income business with no boss, no hassles, and the ability to do it in your own business, then David is the man! Jaryd and David had a wonderful discussion on several topics: How do you get through the hard times in business and life? What are David’s strategies that he teaches or uses for himself? And what is a lifestyle business? They also discuss the top two things David has learned in business and from other guests. Goals vs. intentions? How does David help people find what success means to them? If you want to build an unshakeable business mindset, this episode is what you need. Tune in now! Episode Highlights 09:27  How stepping back can open doors you never imagined 18:31 Unlocking business success outside the office  33:42 The power of the four-letter word in business: NEED  44:42 Building trust in yourself: Counting small wins and faking it to make it 57:1 Selecting opportunities wisely and choosing value over vanity 1:05:00 The power of owning your choices Key Takeaways ➥ Jaryd and David emphasize the importance of navigating tough times in business and life, highlighting the value of maintaining a focus on quality rather than obsessing over external factors. David shares his perspective on handling challenges by stepping back, allowing solutions to unfold naturally, and being open to unexpected opportunities.  ➥ As an entrepreneur, you should learn to prioritize tasks that truly drive the business. Sometimes, doing less can lead to better results.  ➥ Jaryd shares his realization that doing things he loves, like surfing and playing tennis, aligns him with his soul's purpose and makes him more productive. He emphasizes the importance of finding joy and aligning with one's passion, which leads to increased energy and excitement when returning to work on important tasks. David reflects on his own experience of realizing the quality of work improves when he focuses on what truly matters and allows himself time for reflection.   About The Guest David ‘Join Up Dots’ Ralph is the stress-free businessman who teaches people to build their dream business in just a few hours per week. David’s podcast ‘Join Up Dots’ is in the top 0.5% of the best podcasts online. If you want to create the kind of income business with no boss, no hassles, and the ability to do it in your own business, then David is the man!   Connect with David Ralph➥ Ep 146 - The Easy Way To Earn More With Less Stress with David Ralph ➥ Website -  www.joinupdots.com     Resource Links ➥ Sell your business to us here - https://www.buyingonlinebusinesses.co/sellyourbusiness ➥ Buying Online Businesses Website - https://buyingonlinebusinesses.com ➥ Download the Due Diligence Framework - https://buyingonlinebusinesses.com/freeresources/➥ Hostinger (Website Hosting) - https://bit.ly/3HUqW0s 🔥Buy & Sell Online Businesses Here (Top Website Brokers We Use) 🔥 ➥ Empire Flippers - https://bit.ly/3RtyMkE ➥ Flippa - https://bit.ly/3WYX0Ve ➥ Motion Invest - https://bit.ly/3YmJAmO➥ Investors Club - https://bit.ly/3ZpgioR   *This post may contain affiliate links, so we may earn a small commission when you make a purchase through links on our site/posts at no additional cost to you.See omnystudio.com/listener for privacy information.
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Jan 17, 2024 • 39min

The Difference Between Managing A Content Website & Growing A Content Website Raf and Rad

Simply managing a content website doesn’t mean growing it! With the ever-evolving digital landscape, how can you keep up and build consistent growth? For today’s special episode, Jaryd Krause and other BOB team members Rad and Raf share insights into managing and growing a content website. Rad Paluszak is a web developer and software architect with 20 years’ experience. He has been a technical mastermind in the SEO industry since 2010 and now heads up our BOB SEO team with another partner, Rafal. Rad's specializations include international and technical SEO, machine learning and understanding, as well as looking at SEO from business and management perspectives. They discuss the results you would expect if you bought a $50K site and spent $1k per month. How do you budget and decide what to spend on your acquisition, growth and ongoing costs for the best results? Would you hire an accountant and tell them how they should save you money on your taxes? They also dive into deconditioning what you’ve learned about growing a content website, what it needs, and what SEO you think works for growth. Why is website management a dying service? Why shouldn't you only focus on SEO? That's the vehicle, not the destination.  This episode is so valuable; it might be what you need to grow your site. Tune in now!     Episode Highlights 05:10 A flexible and unique approach to SEO 12:00 Growing your business from website management to proactive growth 27:51 The pitfalls of regurgitating content in the AI game  32:52 The Algorithmic-Proof approach to content websites Key Takeaways ➥ There’s a need for a balance between sticking to what works and adapting to changes in SEO strategies. You shouldn’t fall into a routine without considering potential shifts in the digital landscape.  ➥ There’s a distinction between managing and growing a website. Managing involves fixing technical issues, updating plugins, and engaging in minimal link building to maintain the site's current state, preventing depreciation. In contrast, growing a site requires out-of-the-box thinking and strategies to triple or double traffic. ➥ Raf stresses the importance of viewing Google as a potential ally rather than an adversary. He urges content site owners to understand Google's preferences for engaging content and entertainment, emphasizing the significance of offering value to users in various formats. The discussion overall promotes a strategic, business-oriented approach to website management and growth in the evolving digital landscape.     About The Guests Rad Paluszak is a web developer and software architect with 20 years’ experience. He has been a technical mastermind in the SEO industry since 2010 and now heads up our BOB SEO team with another partner, Rafal. Rad's specializations include international and technical SEO, machine learning and understanding, as well as looking at SEO from business and management perspectives.     Connect with Rad  ➥ Full Article - 373% Revenue Growth https://buyingonlinebusinesses.com/algorithmic-penalty-recovery/ ➥ BOB SEO Service - https://buyingonlinebusinesses.com/seo-services/➥ Episode 220 with Rad - https://buyingonlinebusinesses.com/category/grow-your-online-business-through-seo/page/2/ ➥ Episode 248 - More Content & More Links Is Failing SEO Strategy with Rad & Raf - https://bit.ly/3s9pimB ➥SEO Strategy Blueprint - https://buyingonlinebusinesses.com/i-bought-a-website-now-what/   Resource Links ➥ Buying Online Businesses Website - https://buyingonlinebusinesses.com ➥ Download the Due Diligence Framework - https://buyingonlinebusinesses.com/freeresources/ ➥ Neuron Writer - https://bit.ly/3EleDaS ➥ Semrush (SEO tool) - https://bit.ly/3lINGaV➥ Surfer SEO (SEO tool for content writing) - https://bit.ly/3X0jZiD ➥ Site Bulb - https://sitebulb.com/ ➥ Horseman - https://gethorseman.app/ 🔥Buy & Sell Online Businesses Here (Top Website Brokers We Use) 🔥 ➥ Empire Flippers - https://bit.ly/3RtyMkE ➥ Flippa - https://bit.ly/3WYX0Ve ➥ Motion Invest - https://bit.ly/3YmJAmO ➥ Investors Club - https://bit.ly/3ZpgioR *This post may contain affiliate links, so we may earn a small commission when you make a purchase through links on our site/posts at no additional cost to you.See omnystudio.com/listener for privacy information.
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Jan 10, 2024 • 1h 2min

Building A Successful PR Link Building Campaign with Maria Harutyunyan

Why waste your time and resources creating high-quality content that goes unnoticed? You should also consider building an SEO strategy, and a key component of this strategy is link building. It not only improves your search engine ranking but also drives traffic, builds authority, and contributes to the overall growth of your online business. For today’s episode, Jaryd Krause is speaking with Maria Harutyunyan. She will share how to create a link building campaign to propel your business. Maria is the co-founder of Loopex Digital, a fastest growing SEO agency. In just three years, she transformed the agency into a seven-figure enterprise. In addition to her work at Loopex Digital, she is a renowned keynote speaker and SEO coach.  Maria is the pioneer behind the first SEO academy, offering offline training in Yerevan, Armenia, and has already trained over 500 marketing enthusiasts by 2023, enabling them to pursue successful careers in SEO.  Jaryd and Maria talk about growing a website once you’ve bought it. How do you discover what you should work on first after you’ve bought your online business? How do you run a successful PR link building campaign? How do you create topical authority the right way? They also discuss beating AI content with non regurgitated content. The difference between an SEO strategy and a content strategy What should I check in GSC when doing due diligence? What tools does Maria recommend for all site owners? Do you want to improve your site’s performance and stay up-to-date on the latest trends in link building? Then this episode is what you need. Check it out! Episode Highlights 03:57 - Maria’s experience in PR link building  16:01 - How to create a good link building campaign? 21:01 - What to consider when buying a content site? 29:40 - Why build topical authority before you start publishing content? 44:32 - Difference between content strategy and SEO strategy 49:40 - Should you work first on the technical SEO issues of the site or not? Key Takeaways ➥ PR for Link Building can be a valuable strategy for building high-quality backlinks to your website. This involves creating unique and newsworthy content that appeals to journalists and media outlets. ➥ Maria advises that when buying a content site, it's important to focus on content relevance. She emphasizes that the content should be clustered around a specific niche or topic. For example, if the site is about surfing, it should cover various aspects of surfing and related topics in depth. This approach helps in building topical authority. ➥ To improve engagement and the user experience, they suggest looking at both direct competitors and industry leaders. Examining the websites that are ranking well in your niche can provide insights into user engagement strategies, content quality, and site structure. Learning from successful competitors and adapting their techniques to your own site can lead to growth.   About The Guest Maria Harutyunyan is the co-founder of Loopex Digital, one of the fastest-growing SEO agencies in the world. She grew the agency to a 7-figure from the ground up in 3 years. Outside of Loopex Digital, Harutyunyan is a keynote speaker and SEO coach. She is the founder of the first SEO academy, an offline training program in Yerevan, Armenia. By 2023, she had trained 500+ marketing enthusiasts to deepen their knowledge and start a successful career in SEO. She is one of the fastest growing SEO influencers on LinkedIn, where she shares her experience and success stories to educate and inspire SEOs.  Connect with Maria Harutyunyan ➥ LinkedIn: https://www.linkedin.com/in/maria-harutyunyan/ ➥ Consultation: https://calendly.com/mariaharutyunyan/maria-seo-mastery-session ➥ Digital PR: https://www.loopexdigital.com/seo-services/digital-pr     Resource Links ➥ BOB SEO service - https://buyingonlinebusinesses.com/seo-services/ ➥ Buying Online Businesses Website - https://buyingonlinebusinesses.com ➥ Download the Due Diligence Framework - https://buyingonlinebusinesses.com/freeresources/ ➥ Surfer SEO (SEO tool for content writing) - https://bit.ly/3X0jZiD ➥ Page Optimizer Pro (SEO tool for optimizing web pages) - https://bit.ly/3wQCzin ➥ Rank Math (Wordpress SEO Plugin) - https://bit.ly/3Acyjf4     🔥Buy & Sell Online Businesses Here (Top Website Brokers We Use) 🔥 ➥ Empire Flippers - https://bit.ly/3RtyMkE ➥ Flippa - https://bit.ly/3WYX0Ve ➥ Motion Invest - https://bit.ly/3YmJAmO➥ Investors Club - https://bit.ly/3ZpgioR *This post may contain affiliate links, so we may earn a small commission when you make a purchase through links on our site/posts at no additional cost to you.See omnystudio.com/listener for privacy information.
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Jan 3, 2024 • 44min

The Art & Science Of Youtube Ads with Justin Sardi

Justin Sardi, founder of TubeSift and Video Ad Vault, shares insights on building a successful YouTube channel, running ads, creating engaging videos, and remarketing. He discusses the benefits of trimming down video libraries and targeting strategies. He also highlights the importance of remarketing, increasing average order value, and creating custom audiences for YouTube ads. Additionally, he talks about using social media platforms for shopping and targeting competitors on YouTube.
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Dec 27, 2023 • 57min

The New SEO Reality On How To Get Real Results For Your Content Website with Raf and Rad

Ever feel like you're stuck in a loop, pumping out content and building links, only to see minimal returns on your content website? You're not alone. The truth is, the old growth strategies just don't work anymore. It's like trying to navigate a maze with an outdated map. That's where Raf and Rad come in, shaking up the SEO game with a fresh perspective.  Rad Paluszak is a seasoned web developer and software architect with two decades of experience. Since 2010, he has played a key role in the SEO industry, currently leading the BOB SEO team alongside his partner Rafal. Rad specializes in international and technical SEO, possesses expertise in machine learning, and adopts a holistic approach to SEO by considering business and management perspectives. They discuss the results you could expect if you bought a $50K site and spent $1k per month. How do you budget and decide what to spend on your acquisition, growth and ongoing costs for the best results? Would you hire an accountant and tell them how they should save you money on your taxes? They also dive into de-conditioning the things you’ve learned about growing a content website. What does it need and what SEO do you think works for growth? Why is website management a dying service, even though it can work for some websites? What else would it need for your site to grow? Lastly, Rad and Raf share why you shouldn’t only focus on SEO; that’s the vehicle, not the destination. If you want to stay up-to-date on the latest trends in SEO, catch this episode today!    Episode Highlights 08:34 Deep dive into Google's self-learning approach
 15:50 How to optimize site growth and revenue 24:24 How to break free from limiting SEO beliefs 39:24 The difference between website management and SEO 47:31 The power of content enrichment for extended engagement 54:59 Unveiling the path to SEO success
     Key Takeaways ➥ Raf recommends analyzing websites before investing in them. Buyers should consider factors like age, niche, and history. He suggests a strategy of making substantial changes every few months, as Google responds better to impactful updates.  ➥ Jaryd Krause advises not spending the entire capital when acquiring a business and allocating part of it for risk mitigation and growth strategies. He acknowledges the challenge of providing specific ROI expectations but stresses the need for data analysis and initial investment to gauge site performance.  ➥ Jaryd Krause notes that there’s a distinction between website management and SEO growth, noting that management alone may not lead to substantial growth.     About The Guests Rad Paluszak is a web developer and software architect with 20 years’ experience. He has been a technical mastermind in the SEO industry since 2010 and now heads up our BOB SEO team with another partner, Rafal. Rad's specializations include international and technical SEO, machine learning and understanding, as well as looking at SEO from business and management perspectives.     Connect with Rad and Raf➥ BOB SEO Service - https://buyingonlinebusinesses.com/seo-services/➥ Full Article - 373% Revenue Growth https://buyingonlinebusinesses.com/algorithmic-penalty-recovery/ ➥ Podcast Episode 220 with Rad - https://buyingonlinebusinesses.com/category/grow-your-online-business-through-seo/page/2/ ➥ Podcast Episode 248 with Rad & Raf - Ep 248: More Content & More Links Is A Failing SEO Strategy with Rad & Raf - Buying Online Businesses➥ SEO Strategy Blueprint - https://buyingonlinebusinesses.com/i-bought-a-website-now-what/   Resource Links ➥ Buying Online Businesses Website - https://buyingonlinebusinesses.com ➥ Download the Due Diligence Framework - https://buyingonlinebusinesses.com/freeresources/ ➥ Neuron Writer (SEO tool for content writing) - https://bit.ly/3EleDaS ➥ Semrush (SEO tool) - https://bit.ly/3lINGaV➥ Surfer SEO (SEO tool for content writing) - https://bit.ly/3X0jZiD ➥ Site Bulb - https://sitebulb.com/ ➥ Horseman - https://gethorseman.app/   🔥Buy & Sell Online Businesses Here (Top Website Brokers We Use) 🔥 ➥ Empire Flippers - https://bit.ly/3RtyMkE ➥ Flippa - https://bit.ly/3WYX0Ve ➥ Motion Invest - https://bit.ly/3YmJAmO➥ Investors Club - https://bit.ly/3ZpgioR   *This post may contain affiliate links, so we may earn a small commission when you make a purchase through links on our site/posts at no additional cost to you.See omnystudio.com/listener for privacy information.
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Dec 20, 2023 • 29min

No Money Down Acquisitions - Can You Buy An Online Business With No Money?

What if you could buy an online business with no money? Will you try it? In this solo podcast episode, Jaryd Krause talks about no money down acquisitions that you can take advantage of.  He discusses how to use finance, who can do 100%  no money down deals and who can’t? How to structure deals to use less of your own cash? He also shares some warnings about buying the right business for your goals. Finally, what should you do if you want to buy a business but have no cash to do so yet? Have you decided to buy an online business? This is your first step toward that goal! Know your options and make informed decisions.   Episode Highlights 04:26 Can you buy an online business with no money? 11:20 Starting a business from scratch isn’t always the best route 16:58 How do I get no-money down deals? 27:00 What is the actual goal of buying an online business? Key Takeaways ➥ For businesses under $200,000, it's typically cash transactions due to buyers having the necessary funds. Between $200,000 and $500,000, it's more common to see earnouts, seller financing, and seller notes. Seller financing usually involves a down payment and a small percentage financed over a short period of time.  ➥ Jaryd suggested that for deals between $200,000 and $500,000, it's possible to aim for 60% financing or earnout with 40% down cash. However, these benchmarks depend on market conditions and buyer-seller dynamics. ➥ Jaryd emphasizes that even in so-called "no money down" deals, individuals often use their own money by taking equity from one asset and investing it in another. He clarified that true no-money-down deals are typically seen in larger acquisitions in the seven to eight-figure range, where successful business owners with public success stories attract outside investments.   About The Host Jaryd Krause is a serial entrepreneur who helps people buy online businesses so they can spend more time doing what they love with the people they love. He’s helped people buy and scale sites all the way up to 8 figures, from eCommerce to content websites. He spends his time surfing and traveling, and his biggest goals revolve around making a real, tangible impact on people’s lives.   Resource Links ➥ Sell your business to us here - https://www.buyingonlinebusinesses.co/sellyourbusiness ➥ Buying Online Businesses Website - https://buyingonlinebusinesses.com ➥ Download the Due Diligence Framework - https://buyingonlinebusinesses.com/freeresources/ ➥ Flippa (Website Broker) - https://bit.ly/3WYX0Ve ➥ Investors Club (Website Broker) - https://bit.ly/3ZpgioR ➥ Credit Suite (Finance Broker - getting finance for websites) - https://bit.ly/3YiEDLZ     *This post may contain affiliate links, so we may earn a small commission when you make a purchase through links on our site/posts at no additional cost to you.See omnystudio.com/listener for privacy information.
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Dec 13, 2023 • 1h 14min

M&A Negotiation Strategies & Growth By Acquisition Blueprints with Will Smith & David Barnett

For entrepreneurs and business leaders navigating the M&A process, the journey can be filled with uncertainties. The delicate art of negotiation, the intricacies of due diligence, and the transformation of corporate cultures are just a few of the challenges that demand strategic expertise. In this high-stakes environment, even the most seasoned professionals might sometimes feel like they're at a crossroads, searching for the right path forward. In this insightful episode, join us as we delve into M&A negotiation strategies and growth through the acquisition blueprint, guided by two industry leaders, Will Smith and David Barnett. Their collective experience, insights, and innovative approaches have propelled businesses to success, making them trusted advisors in the realm of mergers and acquisitions. They will also share the right time to sell your business.  Don't miss the opportunity to gain exclusive insights from industry leaders about M&A. Who knows? Your success story might start here. Watch the video now!     Episode Highlights 09:23 Why is buying a business better than starting a new one?  20:50 Why you don’t need crazy goals in wealth building! 30:26 How do you optimize your business valuation? 44:45 Ways of navigating seller engagement 52:48  Successful acquisition growth strategies 1:02:51 Unveiling a unique e-commerce approach   Key Takeaways   ➥ It’s important to set realistic expectations and not attach arbitrary timeframes to your entrepreneurial goals. That’s because the pressure to meet deadlines can lead to poor decision-making.   ➥ Jaryd, Will, and David emphasize the importance of minimizing risk and protecting against potential downsides. Key strategies mentioned include the use of forgivable seller notes and escrow funds to safeguard the buyer's investment. Will highlights the significance of not negotiating too hard on the price multiples, particularly when the multiples are already reasonable. He suggests that fixating on a small difference in the multiple may not be worth the time and that the difference can be made up quickly by being in the business for a short period of time.   ➥ David provides valuable insights into considering the size of the business and how the approach to negotiation varies with the scale. He discusses the importance of building a collaborative relationship with the seller and demonstrating his capability and aptitude as a businessperson. David also touches on the need for sellers to think about the transaction from a buyer's point of view and how demonstrating the viability of the deal can build respect and trust. About The Guests David Barnett used to be a business broker and now helps people acquire traditional businesses. He’s helped his clients save a lot of money from buying dud deals and made them even more money from buying great deals!David has a great YouTube channel, which I (Jaryd) have appeared on many times. You’d love it. Will Smith is a professional who built online media brands and has sold a few businesses. He was never on the buy side and found himself looking for deals without enough decent information on how to execute. So he decided to start a podcast interviewing people so you and he can learn from their journey of buying businesses. Connect with Ryan, David, and Will  Ryan Condie - https://letsbuyabusiness.com/ David Barnett - https://www.businessbuyeradvantage.com/ Will Smith - https://acquiringminds.co/   Resource Links ➥ Sell your business to us here - https://www.buyingonlinebusinesses.co/sellyourbusiness ➥ Buying Online Businesses Website - https://buyingonlinebusinesses.com ➥ Download the Due Diligence Framework - https://buyingonlinebusinesses.com/freeresources/ ➥ GoDaddy (Website Hosting & Buying Domains) - https://bit.ly/3YiRkWV ➥ Semrush (SEO tool) - https://bit.ly/3lINGaV🔥Buy & Sell Online Businesses Here (Top Website Brokers We Use) 🔥 ➥ Empire Flippers - https://bit.ly/3RtyMkE ➥ Flippa - https://bit.ly/3WYX0Ve ➥ Motion Invest - https://bit.ly/3YmJAmO➥ Investors Club - https://bit.ly/3ZpgioR   *This post may contain affiliate links, so we may earn a small commission when you make a purchase through links on our site/posts at no additional cost to you.See omnystudio.com/listener for privacy information.

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