exits

Ep #20: To Sell or Not to Sell with James Schramko

March 27, 2014 By jock

It’s hard to know exactly when is the right time to sell a business, and making an exit isn’t always the right thing to do. James Schramko from SuperFastBusiness.com certainly knows a thing or two about timing an exit. This week, we’re going to be discussing when it’s the wrong time to sell. We’re going to explain some reasons why you shouldn’t be selling your business, and how you can prepare yourself when the time is right. You won’t want to miss it.

What You’ll Learn From This Episode:

James’ first entrepreneurial ventures and what he learned from them.
Why James didn’t sell his SEO service business or his web design business.
How you can tell when it is the wrong time to sell.
How you can tell when it is the right time to sell.
What advice James has for someone who is considering an offer.

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Ep #18: A Debate on Online and Offline Purchases with Ace Chapman and Justin Gilchrist

March 13, 2014 By jock

Ace Chapman from AceChapman.com is certainly an expert in brick and mortar commodities. Justin Gilchrist of Centurica, on the other hand, is a wizard in the world of online businesses. In this special episode of Digital Exits, Jock invites Ace and Justin on the show to have a spirited debate about the advantages and disadvantages to buying businesses online and offline . You won’t want to miss it.

What You’ll Learn From This Episode:

How you can gain more leverage in your investment when purchasing an offline business.
How buying a business online can give you more options, flexibility and return.
The role that baby boomers play in online and offline purchases.
The types of premiums you would have to pay for an online business and an offline business.
The different types of competition that you face with an online company and a brick and mortar company.

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Ep #16: Online and Offline Acquisitions with Ace Chapman

February 27, 2014 By jock

Ace Chapman is a specialist in buying online and offline businesses. At the age of nineteen, he purchased an online stock market simulator site that he grew from about 10,000 members to over a quarter of a million members in 70 countries. He has since bought and sold over a dozen businesses.

In this week’s episode of Digital Exits, Jock invites Ace to the show to talk about the differences between online and offline acquisitions, how they have evolved, and where they are going. You won’t want to miss it.

What You’ll Learn From This Episode:

The lessons Ace learned selling his first business after the market crash.
Why Ace favors deals that are “boring”; businesses that aren’t necessarily cool, but have a practical value.
How to identify and capitalize on low hanging fruit in the offline business world.
Why you need to start building a business credit profile.
What Ace sees as the future of selling businesses online and offline.

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Ep #13: Blog Acquisitions With Jim Wang

February 6, 2014 By jock

Jim Wang is a longtime entrepreneur and personal finance blogger. He went to college in Pittsburgh, Pennsylvania and started making money by selling trucker hats to students that wanted to look like Ashton Kutcher. After years of hard work, he eventually sold his blog for a reported 3 million dollars.

In this week’s episode of Digital Exits, Jock invites Jim to have a candid discussion about exiting from his company. You don’t want a miss a minute of this riveting chat.

What You’ll Learn From This Episode:

The amount of content that Jim was producing while he was building his blog.
The most important thing someone can do if they are planning on selling their business.
Why he decided it was the right time to exit his site, and how he went about finding someone to acquire it.
The value that a broker added to the process of selling his company.
The challenges Jim had during the sales process and the lessons that he learned selling his company.

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Ep #12: Strategic Exits with Matthew Paulson

January 30, 2014 By jock

Matthew Paulson is a web content whiz. He started writing about personal finance as a hobby while holding down a corporate job. He eventually started an investment business center, quit his day job, and began writing a premium newsletter with over 69,000 subscribers.

In this week’s episode of Digital Exits, Jock invites Matthew to chat about his most recent experience exiting his peer to peer lending site. You won’t want to miss a minute of this informative episode.

What You’ll Learn From This Episode:

Lessons that Matthew learned accepting a cold offer for his site.
The importance of diversifying traffic sources.
The challenges that Matthew faced when Google changed their SEO policies.
The importance of negotiating with proper information and knowing what your site is worth.
How to know when it is the right time to entertain an offer.

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Ep #11: The Story Of Digital Exits

January 23, 2014 By jock

I’ve decided to do something a little bit different with this week’s episode of Digital Exits. I began as an entrepreneur at a very young age, and have built a career building and flipping web equity.

In this very special episode, I will go into great detail about my own back story, what led me to buying and selling web businesses, and how I navigated my own most recent exit.

What You’ll Learn From This Episode:

How I got my feet wet buying and sell web businesses.
Valuable tips on maximizing equity from your website.
The challenges I faced in exiting my most recent website, and what I’ve learned from them.
Steps I’ve taken to increase conversion rates.
The intangible aspects of a sale, and how I was able to drive up the value of my business before exiting.