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Inhoud geleverd door Jason Hartman, Jason Hartman with Dan Millman, and Pat Flynn. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Jason Hartman, Jason Hartman with Dan Millman, and Pat Flynn of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.
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465 FBF: Buying Online Businesses with Justin Gilchrist

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Manage episode 248585674 series 50377
Inhoud geleverd door Jason Hartman, Jason Hartman with Dan Millman, and Pat Flynn. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Jason Hartman, Jason Hartman with Dan Millman, and Pat Flynn of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

Today's Flash Back Friday comes from Episode 172, originally published in November 2014.

Jason gives a warm welcome to Justin Gilchrist, who is an author and an expert in buying online businesses. He and two others co-founded Centurica, which helps people with online business assessment and does the necessarily due diligence and verification to make sure an online company is worth purchasing. Today, Justin provides some great tips for anybody looking to purchase an online business.

Key Takeaways:

6:00 – A good online business should be at least 3 years old before a customer should purchase it.

8:30 – Part of Centurica's due diligence package is to verify how an online business receives their customers.

12:00 – Depending on your technical expertise, Justin would recommend different types of online businesses that would be a good fit for you.

15:40 – Far too often do businesses over report their revenue or doing crazy accounting schemes to make a business appear more valuable than it really is.

20:40 – It's important to gather all the necessary information and make sure the website doesn't look 'too good to be true'.

22:00 – Justin gives out a very technical example as to why one of the seller's websites didn't meet requirements.

23:50 – Remember to always use leverage when buying a website. This can help decrease your costs and make it easier for you to pay off over time.

Website:

www.YoungWealth.com

www.ExitPlan.co/Digitally-wed

www.Centurica.com

  continue reading

509 afleveringen

Artwork
iconDelen
 

Gearchiveerde serie ("Inactieve feed" status)

When? This feed was archived on December 17, 2023 00:57 (4M ago). Last successful fetch was on October 06, 2023 21:30 (7M ago)

Why? Inactieve feed status. Onze servers konden geen geldige podcast feed ononderbroken ophalen.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 248585674 series 50377
Inhoud geleverd door Jason Hartman, Jason Hartman with Dan Millman, and Pat Flynn. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Jason Hartman, Jason Hartman with Dan Millman, and Pat Flynn of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

Today's Flash Back Friday comes from Episode 172, originally published in November 2014.

Jason gives a warm welcome to Justin Gilchrist, who is an author and an expert in buying online businesses. He and two others co-founded Centurica, which helps people with online business assessment and does the necessarily due diligence and verification to make sure an online company is worth purchasing. Today, Justin provides some great tips for anybody looking to purchase an online business.

Key Takeaways:

6:00 – A good online business should be at least 3 years old before a customer should purchase it.

8:30 – Part of Centurica's due diligence package is to verify how an online business receives their customers.

12:00 – Depending on your technical expertise, Justin would recommend different types of online businesses that would be a good fit for you.

15:40 – Far too often do businesses over report their revenue or doing crazy accounting schemes to make a business appear more valuable than it really is.

20:40 – It's important to gather all the necessary information and make sure the website doesn't look 'too good to be true'.

22:00 – Justin gives out a very technical example as to why one of the seller's websites didn't meet requirements.

23:50 – Remember to always use leverage when buying a website. This can help decrease your costs and make it easier for you to pay off over time.

Website:

www.YoungWealth.com

www.ExitPlan.co/Digitally-wed

www.Centurica.com

  continue reading

509 afleveringen

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