Buying Online Businesses Podcast

Buying Online Businesses

Hosted by Jaryd Krause who went from plumber to creating an online business empire through buying websites for passive income. This podcast will unfold his secrets as you explore the highs, lows and light bulb moments of his personal journey in each episode. He will show you that no matter where you are in life an alternate lifestyle is more than possible. You will gain the knowledge you need to start buying online businesses yourself and live a fulfilling lifestyle.

  • 31 minutes 55 seconds
    The Path To Financial Freedom Through Online Businesses & Making Money Online [Revealed]

    In this insightful solo podcast episode, Jaryd Krause dives deep into the essential yet often overlooked aspects of achieving financial freedom through online businesses. The discussion revolves around the foundational principles and mindset required to succeed in this pursuit,  highlighting that the path to success is not solely determined by the choice of business vehicle but by the individual's internal and external dynamics.

    This episode is a must-listen for anyone striving to achieve financial independence and build sustainable wealth through building an online portfolio. 

    Don’t miss out on this episode!

     

    Episode Highlights

    03:20 Accepting where we are is a good starting point

    08:30 Jaryd’s commitment to financial freedom

    13:45 Showing the world that you’ve made it can be detrimental to your success

    21:00 Diversification has its downfall 

    27:45 Take the hard path - path to wealth!

     

    Key Takeaways

    ➥ Jaryd mentioned his unwavering commitment and dedication to the chosen path, viewing it not as a short-term solution but as a lifelong commitment to wealth generation and financial independence. By staying focused, committing to continuous growth, and setting realistic goals, it encourages listeners to embark on their entrepreneurial journey with a mindset of perseverance and strategic planning.

    ➥ The journey to financial independence and wealth generation requires patience, strategic planning, and a commitment to stability before making major transitions. Jaryd advises taking a methodical approach to building online income and replacing traditional employment.

    ➥ Aim for financial independence, where income surpasses current wages and allows for reinvestment and passive income generation.



    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 who 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

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

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

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

    ➥ Market Muse (Content Marketing Software) - https://bit.ly/3Me39L0

    ➥ Page Optimizer (SEO tool for optimizing web pages) - https://bit.ly/3wQCzin

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



    🔥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.

    15 May 2024, 9:00 pm
  • 52 minutes 27 seconds
    Google Update Massive Opportunity Alert w/ Alternate Traffic Sources & Monetization Methods with Kyle Roof

    Do you want to improve your website traffic? In this episode of SEO Insights, join Jaryd Krause as he dives deep into the recent Google Core Update with renowned SEO expert Kyle Roof. Discover how this update presents new opportunities for website owners and learn about alternate traffic sources and monetization strategies to thrive amidst evolving search engine algorithms.

    Jaryd and Kyle discuss which sites were affected the worst through these Google updates and why, which weren’t and why. Why is this a great time to be in online businesses, especially content sites, because of the opportunities? This is NOT toxic positivity; this is legit and they explain why in the pod. They go through strategies to reclaim traffic. 

    They also discuss why Google hates affiliate links and ads, ways to stop using affiliate links or ads and different monetization methods for those types of sites. And how do we determine which sites are recoverable or buyable and why?

    Check out the entire video to find out how you can improve your site performance and increase your earnings. 

     

    Episode Highlights

    10:30 - Side Effects of the Google Update

    17:40 - Great time to be on online business

    26:10 - Strategies to reclimb the traffic

    33:10 - You can stop affiliate links and sites

    44:30 - Recoverable sites



    Key Takeaways

    ➥ Kyle emphasizes the need for SEO practitioners to adapt and focus on user experience, ensuring that conversions happen on-site rather than directing users away. He suggests that surviving and thriving in SEO post-updates requires innovative thinking and a deep understanding of SEO's core goal: driving quality traffic and optimizing the user experience. Both of them agree that while Google's updates pose challenges, they also create opportunities for those willing to innovate and evolve their strategies.

     

    ➥ They stress the importance of user-generated content (UGC) and building communities around content sites, which not only align with Google's preferences but also enhance user experience and trust. By prioritizing quality over cheap content and optimizing for user engagement, they suggest that content sites can thrive despite Google's algorithm changes.

     

    ➥ Kyle Roof highlights the importance of avoiding single-source dependency in marketing strategies, highlighting the risks of relying solely on one traffic channel. He explains that diversifying across multiple platforms and channels is essential for business resilience, as traffic sources can fluctuate over time.



    About The Guest

    Kyle Roof is responsible for the development and implementation of all SEO techniques used by the SEO agency High Voltage SEO and the SEO tool PageOptimizer Pro. Kyle is also the co-founder of Internet Marketing Gold, a global community of 3000+ SEO professionals who test and prove cutting-edge SEO techniques.  Kyle’s SEO techniques and discoveries are followed by many SEO professionals and business leaders, he has been featured in many respected publications and is a regular speaker on SEO and SEO testing at conferences throughout the world. 



    Connect with Kyle Roof
      

    https://hvseo.co/

    https://pageoptimizer.pro/affilate

    https://internetmarketing.gold/



    Resource Links

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

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

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

    ➥ Hostinger (Website Hosting) - https://bit.ly/3HUqW0s

    ➥ Rank Math (WordPress SEO Plugin) - https://bit.ly/3Acyjf4

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



    🔥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.

    8 May 2024, 9:00 pm
  • 1 hour 3 minutes
    Google Update - The Path Forward Acquiring An Online Business To Make Money Online

    In this special podcast episode, Jaryd dives into the impact of recent Google updates on online businesses and explores strategies for acquiring and growing profitable online businesses. Join us as Jaryd discusses the evolving landscape of online entrepreneurship and uncovers valuable insights for making money online amidst algorithmic changes.

     

    Episode Highlights

    03:40 Why do people hate Google updates?

    15:40 Your audience wants quality content!

    25:50 Create multiple sources of traffic

    39:30 You can make money online in different ways

    49:20 Facebook Ads is way better now 



    Key Takeaways

    ➥ Jaryd emphasizes the importance of not relying solely on Google for traffic and revenue, highlighting the need to adapt and diversify strategies in response to Google's algorithm changes. 

    ➥ Jaryd suggests that Google's algorithm updates are targeting content sites that prioritize ad revenue and affiliate earnings over providing genuine value to users. He explains that Google is favoring e-commerce businesses that genuinely serve customers' needs throughout their journey. He also advocates transforming content sites into legitimate businesses focused on serving users effectively.

    ➥ Jaryd encourages the listeners to align their goals with the desired outcomes of financial independence or increased flexibility, emphasizing that content sites are not the only pathway to achieving these goals. He highlights the evolving landscape of online business and the need for flexibility in approach to adapt to changes in search engine algorithms and online platforms.

     

     

    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 who 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

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

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

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

    ➥ Surfers SEO (SEO tool for content writing) - https://bit.ly/3lINGaV

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



    🔥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.

    1 May 2024, 9:00 pm
  • 51 minutes 17 seconds
    How Mindfulness Is The Key Philosophy Towards Passive Income with Allen Lomax

    In this episode, we discuss the transformative power of mindfulness in pursuing passive income with real estate expert and entrepreneur Allen Lomax. Discover how mindfulness can shape your investment approach and lead to financial freedom.

    Like many others, Dr. Allen’s journey into real estate began as a part-time accidental investor, initially exploring fix-and-flip projects and rental properties. Over time, he transitioned from accidental to intentional investing, leveraging his experiences to create impactful real estate opportunities. Today, Allen empowers successful entrepreneurs to enhance their financial well-being through passive, hands-off real estate investments.

    Jaryd and Allen have an exciting discussion about the biggest obstacles that hinder people from achieving passive income. Why are people’s fears not actually false, and what should we do about them to move forward in a positive direction? How similar is real estate to buying a business? 

    Allen also shares a few stories about horses and how they have helped him be a better investor and mentor. Jaryd shares some scuba diving stories about saving people from life-changing mistakes. Lastly, they talked about the power of a quiet mind. 

    This is your chance to discover how mindfulness can change the course of your life. Check out this episode!

     

    Episode Highlights

    04:00 What is Allen’s motivation in pursuing passive income?

    11:00 The similarities of real estate investing and buying online businesses

    16:00 Allen shares his experience with horses and what it taught him

    25:00 How can mindfulness help you be a better investor?

    36:00 How do you navigate the “freak out” phase when investing?

    45:20 How do you handle objections and fears?

     

    Key Takeaways

    ➥ Allen, coming from an academic background, explains the anxiety of relying solely on a job for income and the desire to establish a financial safety net independent of traditional employment. This motivates him to pursue passive income. Both agree that passive income is a crucial backup plan, offering security and reducing stress.

    ➥ Both Jaryd and Allen highlight the misconception that focusing solely on single-family properties or renovating/flipping houses is the best path to passive income. Instead, they advocate for exploring commercial real estate investments, which can offer greater passive income potential with less effort and risk.

    ➥ Allen reflects on a past experience where he realized the importance of self-awareness and humility in leadership. By acknowledging and learning from his mistakes, he advocates for approaching investments and business decisions with a mindset focused on mutual benefit rather than ego-driven agendas. 

     

    About The Guest

    Like many others, Dr. Allen began his real estate endeavors as a part-time accidental investor, doing fix-and-flip and holding for rental income. Shifting from accidental to intentional investor, Allen now creates opportunities that empower successful entrepreneurs to substantially increase their financial well-being through passive, hands-off real estate investments. Allen believes it is never too late to attain financial freedom and live abundantly.

    In his spare time, Allen passionately works with humans to help them understand their horses and develop excellent connections that create respectful and safe relationships between the horse and their humans.

     

    Connect with Allen Lomax
     
    steedtalker.com/webinar

    https://www.linkedin.com/in/allenlomax/

    https://www.facebook.com/allen.lomax

     

    Resource Links

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

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

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

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

    ➥ Semrush (SEO tool) - https://bit.ly/3lINGaV

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



    🔥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.

    24 April 2024, 9:00 pm
  • 36 minutes 22 seconds
    $7500 - $500K Buy, Scale & Exit Ecommerce Brand with John Chen

    Have you thought of owning an online business like an e-commerce brand? Here’s your chance to learn more about the evolving landscape of running an online business.

    In this captivating episode, we dive into the inspiring journey of John Chen, who turned a modest investment of $7,500 into a thriving e-commerce brand valued at $500K. John Chen has bought 2 online businesses from Flippa and sold 1. Both being in the e-commerce business, he knows a lot about scaling and exiting e-commerce. Join us as John shares his strategies and lessons learned along the way, offering advice for aspiring entrepreneurs looking to navigate the world of e-commerce.

    They discussed the business he bought, scaled and sold, how much he bought it for, and how much he sold it for? Why did he sell it? What did he do to grow the business? What did he learn about scaling businesses that he shared with us and also implemented in his other businesses?

    If you want to know how to buy, scale, and exit an e-commerce brand, tune in to this episode!

     

    Episode Highlights

    02:15 - The first business John bought

    06:30 - How much did he buy it for?

    14:33 - Strategies in scaling an e-commerce brand

    19:50 - The process of selling an online business

    32:20 - Why did John sell his online business?



    Key Takeaways

    ➥  John emphasizes the importance of due diligence in understanding the business's finances.

    ➥ After discovering that a significant portion of sales came from personal connections, John focused on scaling the business through digital marketing strategies, primarily leveraging Facebook ads. He experimented with various methods before finding success with Facebook advertising and refining product-market fit.

    ➥ John advises potential sellers to focus on building a valuable business with reliable and recurring revenues, emphasizing factors that make a business attractive to buyers. He stresses the importance of understanding what buyers seek and being prepared to demonstrate the value of the business during negotiations.



    About The Guest

    John has bought 2 online businesses from Flippa and sold 1. Both being in the e-commerce business, he knows a lot about scaling and exiting e-commerce.


    Connect with John Chen
     
    https://amplifycapital.us/ 

     

    Resource Links

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

    ➥ 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

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

    ➥ Active Campaign (Email Software Provider) - https://bit.ly/3DCwYQH



    🔥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.

    17 April 2024, 9:00 pm
  • 29 minutes 59 seconds
    Financing An Online Business Acquisition with Stephen Speer

    Acquiring your dream online business is now possible through financing options.

    Joining the BOB podcast today is Stephen Speer, who is the Founder and CEO of Ecommerce Lending, where they help people get SBA loans to acquire online businesses. 

    They both discuss the size of businesses you can buy with finance. What are the 4 stage processes to get the deal across the line? What is the timeline to get a fiance? What do you need to have or get done before applying for a fiance? 

    They also talked about the importance of assembling a team of professionals when buying a business. And who do you really need? What successful business buyers have in common? Why do they buy businesses and achieve great results compared to those who don’t?

    If you want to own your dream online business, watch this episode today!

     

    Episode Highlights

    02:30: What is the minimum amount in financing an online business?

    12:30: The type of business structures suited for financing

    16:30: What’s the next step after the Letter of Intent?

    21:45: The types of businesses suitable for you

    23:40: Doer, get it done!

    25:40: Owning an online business requires commitment 

     

    Key Takeaways

    ➥ Stephen Speer discusses changes in the lending landscape for online business acquisitions, particularly focusing on the minimum loan amounts and financing options available. The minimum loan amount for acquiring an online business is $500,000, with an average loan size now at $2 million, significantly higher than previous years. While the Small Business Administration (SBA) remains a common choice for financing, Speer's firm has expanded its services to cater to larger deals through their Capital Access program, targeting enterprises valued between $10 million to $250 million.

    ➥ Stephen Speer discusses the typical deposit requirements for acquiring businesses valued between one to three million dollars. Generally, a 10% deposit is required, but in some cases, it can be reduced to 5% with seller contributions. This flexibility has opened doors for many acquisition entrepreneurs.

    ➥ Jaryd Krause and Stephen Speer discuss the impact of market trends on business acquisitions, noting that multiples have decreased, particularly in product-based businesses, while SaaS businesses still maintain higher multiples, especially in the lower middle markets. Speer highlights their firm's financing capabilities across various business models, including SaaS, e-commerce, and traditional brick-and-mortar businesses. The process for obtaining financing typically takes 60 days, with clients encouraged to get pre-qualified before starting their search and assembling an acquisition team to vet opportunities.

     

    About The Guest

    Stephen Speer is the founder and CEO of Ecommerce Lending, where they help people get SBA loans to acquire online businesses.

     

    Connect with Stephen Speer
     
    www.ecommercelending.com

    www.linkedin.com/in/stephenspeer

    https://www.instagram.com/stephenecommercelending/

     

    Resource Links

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

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

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

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

    ➥ Optimize Press (WP Funnel for building landing pages & funnels) - https://bit.ly/3py1ln2

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

     

    🔥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.

    10 April 2024, 9:00 pm
  • 48 minutes 23 seconds
    How To Sell Your Business For The Highest Multiple with Ron Stefanski

    Selling your business can be challenging but rewarding. So how do you sell it for the highest multiple?

    Today Ron Stefanski will be joining us to share his insights about selling an online business. He is an internet entrepreneur and marketing professor who has a passion for helping people create and market their own online businesses. You can learn more about Ron by visiting onehourprofessor.com.

    Jaryd and Ron have discussed building a portfolio and AI content. They also talked about when to sell your website, selling sites (what to do to get set up for a great sale), financials, add backs and content expenses and listing fees.

    Lastly, Ron gave advice for staying in the game of business and not burning out.

    If you want to sell your online business, check out this episode to find out!

     

    Episode Highlights

    05:30 Should you worry about AI?

    13:00 Why do you need to be cautious when owning multiple sites?

    20:30 What are the content website expenses?

    34:30 How to be a successful business owner?

    41:30 What's next for Ron?

     

    Key Takeaways

    ➥ Jaryd Krause and Ron Stefanski discuss the growing importance of authority in 2024, emphasizing the significance of quality content and strategic site structure. They touch on AI content creation, acknowledging its potential but cautioning that it requires careful prompting and extensive editing to ensure quality. 

    ➥ Ron shares his perspective on content expenses, considering them as past investments when selling a site. He suggests transparency in communicating with buyers about the site's history and the flexibility they have in making decisions regarding content expenses. 

    ➥ Ron stresses the importance of avoiding selling on a downward trend, emphasizing the need for solid financials and trimming unnecessary expenses. He suggests that reducing costs can lead to a significant return when selling a site

    About The Guest

    Ron Stefanski is an internet entrepreneur and marketing professor who has a passion for helping people create and market their own online businesses. You can learn more about Ron by visiting OneHourProfessor.com.

     

    Connect with Ron Stefanski
     
    https://onehourprofessor.com/

     

    Resource Links

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

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

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

    ➥ Optimize Press (WP Funnel for building landing pages & funnels) - https://bit.ly/3py1ln2

    ➥ Surfer SEO (SEO tool for content writing) - https://bit.ly/3X0jZiD

    ➥ Market Muse (Content Marketing Software) - https://bit.ly/3M


    🔥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.

    3 April 2024, 9:00 pm
  • 48 minutes 58 seconds
    $100M Worth Of Ecommerce Scaling Secrets with Alex Fedotoff

    We know the struggle—late nights, early mornings, and the constant hustle to crack the code of eCommerce success. But what if we told you we've got the man who's not just in the game but has mastered it?

    Today, Alex Fedotoff is joining the BOB podcast to share the secrets to growing an eCommerce business.

    Alex is an entrepreneur running an 8-figure D2C portfolio of e-commerce brands in the beauty niche and an education space with his company, eCommerce Scaling Secrets. He's been in the eCommerce space since 2016 and generated over $100 million in sales. Alex lives in Miami with his wife and 2 boys.

    Jaryd and Alex discuss the experience of buying a business and the psychology of marketing. What is the journey people take when discovering your brand and what goes on for them to make the decision to buy your product? 

    They also talk about positioning your brand strategically. How do you use influencers and who should you choose and why? How do you get people on your email list without just asking for a discount code? Alex also shares email marketing tips for e-commerce brands in such a way that you are not shoving your products in front of them aggressively. 

    Lastly, Alex shares the strategy for increasing your AOV so you can spend more on ads.

    Ready to learn more about the e-commerce business? Click the ‘Play’ button and know the ecom secrets!



    Episode Highlights

    02:56 Alex’s experience in buying an e-commerce business

    13:38 How do I get the best results with paid ads?

    20:00 What people do with their e-commerce brand to gain trust

    32:30 Customer’s stages when buying a product (the buying journey)

    37:54 How e-commerce brands get people onto their email list aside from giving a discount code

     

     

    Key Takeaways

    ➥ After acquiring Eqyl Actiware for about $300,000, they (Alex and his wife) realized the business had stopped functioning without the owner's involvement. Alex emphasizes two key learning experiences from this acquisition. First, it's essential to project what happens when the founder is removed from the business, ensuring it can still operate effectively. Second, staying within one's circle of competence is crucial, as investing in unfamiliar industries often leads to poor decisions.

    ➥ Alex emphasizes the three key elements for successful paid advertising in e-commerce, which are product differentiation, creative advertising on platforms like Facebook and Instagram, and optimizing the sales funnel. Alex suggests leveraging influencers for trust through whitelisted ads. 

    ➥ Understanding customer avatars is crucial for effective e-commerce advertising. Alex Fedotoff suggests ways to identify target demographics, such as by analyzing Amazon reviews, studying competitor ads, and utilizing post-purchase surveys.




    About The Guest


    Alex Fedotoff is an entrepreneur running an 8-figure D2C portfolio of ecommerce brands in the beauty niche and an education space with his company, eCommerce Scaling Secrets.

    He's been in the eCommerce space since 2016 and generated over $100 million in sales. 

    Alex lives in Miami with his wife and 2 boys. 

     

     

    Connect with Alex Fedotoff
     
    alexfedotoff.com

    https://www.instagram.com/alexfedotofff

    https://www.ecommercescalingsecrets.com/home-ess

     

    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/

    ➥ Sonic Writer (AI Content Generator) - https://bit.ly/3ZjHRPX

    ➥ Content Scale AI (AI Content Detector) - https://bit.ly/3LlxRBV

    ➥ Mangools (SEO tool) - https://bit.ly/3wV4hLc

    ➥ Market Muse (Content Marketing Software) - https://bit.ly/3Me39L0

     


    🔥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.

    27 March 2024, 9:00 pm
  • 42 minutes 12 seconds
    Side Hustle Failures To Avoid + AI content Opportunities For Content Websites with Jaryd Krause

    Will A.I. disrupt content websites and reshape the online landscape? The answer is "Yes!" But fear not, for in this podcast, Jaryd Krause unveils the crucial concepts that can either make or break your online presence. 

    Google's role as the ultimate traffic conductor is dissected, revealing which websites will thrive and which will fade into obscurity. Jaryd, an advocate for A.I. content challenges you to embrace this technological wave, but with a unique twist. Learn how to leverage A.I. in a way that sets you apart from the masses, attracting traffic and unlocking real online prosperity. 

    Join us as we dive into not just the potential pitfalls but also the art of selecting the right side hustle and achieving sustainable income, breaking free from the cycle of conventional employment. 

    Hit the ‘Play’ button to get started!

     

     

    Episode Highlights

    03:07 Will A.I. kill content websites?

    08:45 Putting your readers first and creating value is the way to go

    16:00 The emotional aspect of your content makes it relatable to the audience

    24:02 Don’t measure time; measure inputs!

    33:15 It’s not the route that fails you; it’s your mindset and approach!

     

     

    Key Takeaways

    ➥ Jaryd advocates for strategic thinking, emphasizing the importance of human involvement in the content creation process and cautioning against using AI. as a mere substitute for human creativity. 

    ➥ He predicts that content websites that neglect user experience and strategic presentation will face challenges and potential demise due to evolving expectations from both Google and the audience. Jaryd also suggests treating a content site as a comprehensive business, guiding users through a journey and presenting relevant products and services along the way to enhance the overall user experience.

    ➥ Jaryd believes in measuring inputs instead of time. He emphasizes that the time it takes to buy a business varies based on individual circumstances, and rather than focusing on a fixed timeline, one should consider the commitment and effort invested in achieving the goal. 

     

     

    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 who 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.

     

     

    Connect with Jaryd Krause
     
    ➥ Ep 234 - Why Size Matters When Buying A Business https://buyingonlinebusinesses.com/ep-234-why-size-matters-when-buying-a-business-with-jaryd-krause/

     

    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/

    ➥ Semrush (SEO tool) - https://bit.ly/3lINGaV

    ➥ Optimize Press (WP Funnel for building landing pages & funnels) - https://bit.ly/3py1ln2

    ➥ Market Muse (Content Marketing Software) - https://bit.ly/3Me39L0




    🔥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.

    20 March 2024, 9:00 pm
  • 41 minutes 45 seconds
    Buying Content Websites & Quitting The 9-5 with Stacy Caprio

    Are you tired of the daily grind and stuck in the 9-5 monotony? Imagine a life where you can break free from the traditional work routine and achieve financial independence through buying content from websites.

    Today, Jaryd Krause and Stacy Carpio shared their transition from being employees to online entrepreneurs. And how can you do the same? 

    Stacy is a multifaceted entrepreneur and website investor who owns Her.CEO, a community for website investors and online business owners. Having invested her profits in real estate, she currently manages a duplex in Georgetown, TX, and is actively involved in both website and real estate investments. 

    Stacy shares her journey into investing in online businesses. Why did she want to make money online? How many online businesses has Stacy bought? What are her favorite types of online businesses and why? What is the hardest part about due diligence?

    Stacy also reveals the strategies for growing her content sites. How many sites has she sold and for how much? What did she learn about selling them? 

    Lastly, Stacy gave a piece of advice for first-time buyers.

    Do you want to quit the 9-5 and live life on your own terms? This episode can help you decide. Watch it today!

     

    Episode Highlights

    02:50 Stacy’s journey to being an online businesses owner

    11:26 The rise and fall of multiples for online businesses

    16:34 The pitfalls of juggling multiple businesses

    23:01 Strategies for identifying high RPM businesses

    29:10 Seizing real estate opportunities in a changing financial climate

    32:36 How do you get your business ready to sell?

    39:50 Where can you find Stacy?


    Key Takeaways

    ➥ Stacy reveals her tendency to start multiple projects, estimating that around 70% get discarded after realizing they aren't viable. She emphasizes the importance of having fewer focuses and prioritizing working projects.

    ➥ Jaryd reflects on his past experience of holding onto businesses that slowly died off, suggesting the importance of recognizing when to sell assets for optimal outcomes. 

    ➥ Stacy expresses a preference for ad-based content websites when buying or building. She appreciates their high profit margins, scalability through SEO, and quick revenue wins through optimizations like changing ad networks and placements.

     

    About The Guest

    Stacy Caprio is a website investor, entrepreneur and owner of Her.CEO, a community for website investors and online business owners. She invested her profits from website investing into a Georgetown, TX, duplex a few years ago and now invests in websites and real estate.

    Stacy is also a realtor in Austin, TX and the owner of Heart of Austin Homes. In her free time, she likes to play with her parent's dog, Cooper, and run or walk on the Austin Riverwalk a few steps from her condo. You can ask her any question about investing in websites or real estate and she will be happy to help.

     

    Connect with Stacy Carpio

    https://her.ceo/

    https://heartofaustinhomes.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/

    ➥ Neuron Writer (SEO tool for content writing) - https://bit.ly/3EleDaS

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

    ➥ 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.

    13 March 2024, 9:00 pm
  • 47 minutes 25 seconds
    How Tim Stoddart Acquired CopyBlogger & Scaled It To 7 Figures + His Wealth Creation Philosophies

    Let’s uncover the secrets to scaling a site to 7-figures! 

    Joining the BOB podcast is serial entrepreneur Tim Stoddart, who is the owner of Stodzy Inc., Sober Nation, and Copyblogger. 

    He is an influencer and leader in the sobriety and addiction space, where he shares his story from addict to entrepreneur and how he has built multiple income streams and helps people do the same with his highly successful SEO agency and marketing businesses. 

    Jaryd and Tim discuss the path to owning multiple income streams. When should you buy another business or invest in another asset? How can moving from operator to owner change the game in terms of building your wealth?

    They also talk about Tim’s journey to buying Copyblogger. What does he look for when buying businesses (and it’s not just about income)? They also share their investment philosophies and strategies for building or starting a business. Why is it that it’s not the company and its employees that grow a business? And who actually grows the business?

    Don't miss out on the strategies that turned CopyBlogger into a 7-figure powerhouse. Click the ‘Play’ button to unravel the wealth creation philosophies and kickstart your path to prosperity today. Your success story begins here!



    Episode Highlights

    06:10 When is the right time to diversify your investments?

    13:36 Tim’s perspective on investing

    23:49 Copyblogger’s journey into a profitable website

    29:30 Don’t monetize too early!

    31:45 Who builds and grows your business?

    39:18 Putting money where the cash flow is!



    Key Takeaways

    ➥ Tim suggests that there isn't a specific rule for determining when diversification becomes too fast but emphasizes focusing on the core revenue-generating business while using surplus funds for additional investments.

    ➥ Tim shares that he sees the acts of running a business and owning it as distinct roles. He leans toward the idea of buying assets, whether they are businesses or online companies, and aims to remove himself from the operational aspects. Tim introduces three categories: owning a business, owning assets (particularly online businesses), and investing.

    ➥ The common mistake in the online business space is prematurely chasing money. Instead, what you can do is build authority, brand value, and trust through content before pursuing monetization.



    About The Guest


    Tim Stoddart is the Owner of Stodzy Inc, Sober Nation, and Copyblogger.

    He is an influencer and leader in the sobriety and addiction space, where he shares his story from addict to entrepreneur and how he has built multiple income streams and helps people do the same with his highly successful SEO agency and marketing businesses.

     

    Connect with Tim Stoddart


    https://www.timstodz.com/

    https://copyblogger.com/

    https://stodzyinternetmarketing.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/

    ➥ Sonic Writer (AI Content Generator) - https://bit.ly/3ZjHRPX

    ➥ Surfer SEO (SEO tool for content writing) - https://bit.ly/3X0jZiD

    ➥ Link Whisper (SEO tool for internal linking on websites) - https://bit.ly/3l7K7Ld




    🔥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.

    6 March 2024, 9:00 pm
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