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Episode Info

Episode Info:

In this episode Michael answers 6 common questions that he is often asked by buyers, sellers, and clients, including "Why would anyone sell a profitable business?", "What type of business should I buy?" and more...

GUEST BIO:

Michael Bereslavsky is the founder and CEO of Domain Magnate. He’s been involved in various internet-based businesses since 2004 and quickly graduated from building, promoting, and monetizing websites to buying and selling them. With over a decade of experience, Michael and Domain Magnate has managed 300+ successful deals.

SKIP TO THE GOOD PARTS:

  • 1:02 - 3:26 Michael shares some reasons revolving around why someone might sell a profitable business.
  • 3:32 - 5:50 Michael gives some insight as to finding a good operator or website manager.
  • 5:57 - 8:27 Michael talks about how one might find a deal when wanting to purchase an online business.
  • 8:28 - 9:20 Michael gives advice on where to go, or who talk too in order to find good deals.
  • 9:24 - 11:35 Michael shows us how to figure out how much one's website might be worth.
  • 12:15 - 13:40 Michael shares about the quickest deal he's ever made.
  • 13:55 -16:00 Michael talks about what type of business one should think about buying.

SHOW TRANSCRIPT: [[VIEW ON OUR WEBSITE]] Enjoying our podcast? Support us by leaving us a review on iTunes or on your favorite podcast app.

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