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Podcast

Small Business Administration Loans with Graig Presti

June 5, 2014 By jock

graig-150x150

Graig Presti from LocalSearchForDentists.com returns for another episode of Digital Exits. Having gone through the Small Business Administration (SBA) Loan process, Graig has some important tips to share to help you get the best experience and results.

Tune in to hear what surprised Graig as he was going through the process and how he managed to overcome the SBA loan obstacles. Don’t miss it!

What You’ll Learn From This Episode:

  • Why it’s important to verify all documentation thoroughly.
  • How to properly negotiate a SBA loan.
  • Why you should never pay a SBA loan in cash or all at once.
  • The minimum requirements of a SBA loan.
  • How due diligence should be played out.

Featured On The Show:

  • Graig Presti
  • LocalSearchForDentists.com

Listen To The Full Interview:

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Filed Under: Podcast Tagged With: acquisitions, business, e-commerce, entrepreneurship, mergers, profits, sales

The Buyer’s Perspective and the Rhodium Internet Business Buyer Mastermind Group with David Gass

May 29, 2014 By jock

David Gass While many online business owners say that they have been working in the industry for a long time, David Gass really has. He got his start back in the 1990’s by taking his book for small business owners and turning it into a coaching and training program. David’s companies were on the Inc. 5000 list of fastest growing companies in the U.S. for 3 years in a row.

On this week’s episode, we discuss what to look for when buying and selling an online business and whether or not you should go through a broker. We also discuss the live event that David has started that can give you the tools and connections to succeed.

What You’ll Learn From This Episode:

  • The two questions every potential business partner should ask.
  • Why David decided to grow his business online.
  • The Good, the Bad, and the Ugly of buying businesses.
  • The top 5 things you should look at before buying an online business.
  • Why David started the e-biz weekend internet investment summit.
  • What David and his monthly mastermind, “The Rhodium Group,” offers its members.

Featured On The Show:

  • David Gass: Blog | Mastermind Groups | Events

Listen To The Full Interview:

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Filed Under: Podcast Tagged With: business, buying, entrepreneurship, profits, selling, website broker

Buying Niche E-Commerce Stores and Mini Private Equity with Billy Murphy

May 22, 2014 By jock

Billy Murphy ForeverJobless.comNot following the crowd by investing into specific niches can have greater potential for high margins of profit. Billy Murphy from ForeverJobless.com has much experience in this area with a creative way to scaling up a business.

On this week’s episode, we’re going to be discussing exactly what you need to look for when buying a niche e-commerce store and tips for helping your business grow when it is at its infancy or ready to flop. Don’t miss it!

What You’ll Learn From This Episode:

  • How Billy analysis specific niches for potential growth.
  • Why Billy’s poker site has done so well.
  • The “tool” most niche sites need to boost their business.
  • Billy’s most profitable store and why it was different than most of his other sites.
  • Tips for buying a site that will scale-up.

Featured On The Show:

  • Forever Jobless: Blog | Podcast

Listen To The Full Interview:

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Filed Under: Podcast Tagged With: acquisitions, business, e-commerce, entrepreneurship, mergers, profits, sales

How to Structure a Deal and Types of Structures You Can Have

May 15, 2014 By jock


Podcast5 (1)On this week’s episode I am talking about different types of deals and how to creatively finance them.

I explain each deal structure and how it works in detail in order to help you figure out how to structure the right type of deal for you. Don’t miss this episode if you are planning to structure a deal.

What You’ll Learn From This Episode:

  • How cash offer method works.
  • What is a holdback and who it is for.
  • How performance deals work.
  • How seller financing works and why you would want to use it.
  • What is equity structuring.

Featured On The Show:

  • Jock Purtle

Listen To The Full Interview:

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Filed Under: Podcast Tagged With: business, buying, deal structure, deals, entrepreneurship, profits, selling, website broker

How to Prepare Your Business for Your Digital Exit with Drew Sanocki

May 8, 2014 By jock

Drew Sanocki

Regardless of the type of business you have, when you are ready for a digital exit, having a plan in place and knowing what to do is crucial. Drew Sanocki is someone who can help you prepare, and today he is sharing his own personal experiences.

This week, we are going to be discussing Drew’s story and his suggestions for a successful sale. His experiences will help you to prepare and know what to look for when you go to sell.

 

What You’ll Learn From This Episode:

  • The Pros and Cons of using a broker in a sale.
  • Why the broker role is helpful when selling your business.
  • The two different types of buyers and how to market your business to both
  • How your revenue can increase or decrease your risk which determines the margin you will be offered for your company.
  • The two reasons why E-Commerce companies are popular with new Entrepreneurs.

Featured On The Show:

  • DrewSanocki.com
  • Built to Sell by John Warrillow
  • The EMyth
  • Design Public

Listen To The Full Interview:

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Filed Under: Podcast Tagged With: acquisitions, broker, business, drew sanocki, entrepreneurship, mergers, profits, sales

Business Acquisition and Raising Capital with Corbin Cowan

May 1, 2014 By jock

Corbin CohenThe strategy, manpower, and money necessary to buy and then double, or even triple, your investment is not an easy task without experience and a large group behind you. Regardless of whether you are a business owner preparing to sell your company, or are looking into buying a business, Corbin Cowan has advice to help you based upon his years of experience in raising capital and knowing when to buy and sell.

This week, we’re going to be discussing Corbin Cowan’s company, CXO Collective, and what they look for in potential businesses and members.

What You’ll Learn From This Episode:

  • Why Corbin’s company, CXO Collective, was founded and how they are successfully, organically growing.
  • What Corbin and his company look for in a business before acquiring.
  • Corbin Cowan’s tips for ensuring your business is ready to sell.
  • What Corbin and CXO Collective look for in potential members.
  • How to get involved with Corbin and CXO Collective.

Featured On The Show:

  • CXOCollective.com
  • Corbin Cowan: [email protected]
  • CorbinCoheninc.com

Listen To The Full Interview:

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Filed Under: Podcast Tagged With: acquisitions, business, entrepreneurship, mergers, profits, sales

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