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WES S05E12: Success

May 29, 2020 by Justin Cooke Leave a Comment

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In the final episode for this season, Ace and I cover some of the traits that successful buyers have in common and some of the strategies to employ for a greater chance of success.

If you want to hear our thoughts on Joe Rogan selling the rights of his show to Spotify, why we think “Karens” refuse to wear masks, and what “re-opening” will look like across the world, stick with us.

Listen in as we talk about the differences between big and small buyers, like what their end goals are, and which niches and monetization models help them achieve those goals.

Digging the show? Please do stop by iTunes and give us a review when you get a chance – we’d really appreciate it!

Alright, let’s dig in…

Listen To The Full Interview:

https://traffic.libsyn.com/secure/webequityshow/WEBEQUITY058.mp3

Direct Download – Right Click, Save As

What You’ll Learn From This Episode:

  • What are the traits of successful industry buyers (large and small)?
  • What are some typical end-game goals of successful buyers/sellers in the industry?
  • What niches, monetization types, or strategies will give the best chance for success?
  • With the growth/success of the industry, what regulations do you see down the road?

Featured On The Show:

  • Dynamite Circle
  • Gimlet Reply All Podcast
  • Long Tail Pro
  • Johnny FD
  • Anton Kraly @ Dropship Lifestyle

 

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https://traffic.libsyn.com/secure/webequityshow/WEBEQUITY058.mp3

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Tagged With: Brokers, Buy and Sell Website, Dropshipping, eCommerce, Entrepreneur, Online Business, Profit, season 5, Success, Web Portfolio

WES S05E11: Perseverance

May 22, 2020 by Justin Cooke Leave a Comment

Subscribe to our VIP LIST In this episode, Ace and I talk about why perseverance is an essential characteristic to have and what that looks like in your entrepreneurial journey.

If you want to hear some good news about a potential COVID-19 vaccine, what we think about Tesla opening in spite of government regulations, and the rapid freefall in value for WeWork, stay tuned.

Listen in as we discuss why you should stick with an industry you believe in, even if it doesn’t look like the most profitable to begin with, why you want to build a reputation within that industry, and the perils of “shiny object syndrome”.

Digging the show? Please do stop by iTunes and give us a review when you get a chance – we’d really appreciate it!

Alright, let’s dig in…

Listen To The Full Interview:

https://traffic.libsyn.com/secure/webequityshow/WEBEQUITY057.mp3

Direct Download – Right Click, Save As

What You’ll Learn From This Episode:

  • Importance of picking a niche/industry you believe in.
  • Explain why you want to be the “Blah, blah, blah” guy/girl
  • Explain shiny object syndrome. Most of the failed-to-launch entrepreneurs I know have gone through many, many completely separate business models
  • The “70% rule”

Featured On The Show:

  • We Work
  • Regus
  • Hubspot
  • Dynamite Circle

 

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https://traffic.libsyn.com/secure/webequityshow/WEBEQUITY057.mp3

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Tagged With: Buy and Sell Website, Entrepreneur, investors, Online Business, season 5, Web Portfolio

WES S05E10: Ideal Clients

May 15, 2020 by Justin Cooke Leave a Comment

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In this episode, Ace and I talk about how to identify your ideal client and how to work with clients who might not be be a good fit with your company.  

If you want to hear our take on Elon Musk becoming a digital nomad, what Bitcoin halving means, and why people are scrambling to buy Carnival Cruises, stick with us.

Listen in as we discuss what the difference is between someone you want to work with over an “ideal” client, and how much time to spend nurturing the right kinds of leads.

Digging the show? Please do stop by iTunes and give us a review when you get a chance – we’d really appreciate it!

Alright, let’s dig in…

Listen To The Full Interview:

https://traffic.libsyn.com/secure/webequityshow/WEBEQUITY056.mp3

Direct Download – Right Click, Save As

What You’ll Learn From This Episode:

  • Who is your ideal client? Why? Where do you find them or how do they find you?
  • Any differences between idea clients and clients you prefer to work with? How do you sort/settle that?
  • Who will you NOT work with? Why? How did you figure that out?
  • How do you attract ideal clients? Process for weeding out or turning away not-ideal clients?

Featured On The Show:

  • Joe Rogan Interview with Elon Musk
  • Rich Dad, Poor Dad
  • Ask Gary Vee Podcast
  • Tropical MBA Podcast
  • Startup Podcast
  • Entrepreneur on Fire Podcast
  • The Tim Ferriss Show

 

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https://traffic.libsyn.com/secure/webequityshow/WEBEQUITY056.mp3

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Tagged With: Brokers, Business, Buy and Sell Website, due diligence, Entrepreneur, financing, Ideal Clients, investors, Online Business, season 5, Startup, Web Equity, Web Portfolio

WES S05E06: Motivation

April 17, 2020 by Justin Cooke Leave a Comment

Subscribe to our VIP LISTIn this episode, Ace and I discuss what motivates us as individuals, what keeps our teams going, and how to keep your clients’ spirits up.

If you are interested in learning how to stay motivated while we work from home during this season and how to reset your mindset when things become overwhelming, make sure you tune in to this week’s episode.

Listen in as we talk about how anxiety can hit us when we least expect it and how it spills over into different areas of our lives, as well as how to keep your head space clear.

Digging the show? Please do stop by iTunes and give us a review when you get a chance – we’d really appreciate it!

Alright, let’s dig in…

Listen To The Full Interview:

http://traffic.libsyn.com/webequityshow/WEBEQUITY052.mp3

Direct Download – Right Click, Save As

What You’ll Learn From This Episode:

  • Self-Motivation
  • Motivating Clients
  • Motivating Teams

Featured On The Show:

  • Sam Harris @ Waking Up Meditation
  • Head Space
  • Calm

 

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http://traffic.libsyn.com/webequityshow/WEBEQUITY052.mp3

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Tagged With: Buy and Sell Website, Entrepreneur, financing, investors, Managing Team, motivation, Online Business, season 5, Virtual Assistant

WES S05E05: Paradigm Shifts

April 10, 2020 by Justin Cooke Leave a Comment

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 In this episode, Ace and I discuss the changes business owners will experience due to the COVID-19 virus, as well as possible paradigm shifts that might impact businesses worldwide
 
If you are interested in the market sentiment according to investors and buyers, as well as how the entrepreneur’s journey is affected, then this episode is for you.
 
Listen in as we talk about the unique challenges buyers and sellers face, and discover tips on how to adapt to these challenges in the coming months.

Digging the show? Please do stop by iTunes and give us a review when you get a chance – we’d really appreciate it!

Alright, let’s dig in…

Listen To The Full Interview:

http://traffic.libsyn.com/webequityshow/WEBEQUITY051.mp3

Direct Download – Right Click, Save As

What You’ll Learn From This Episode:

  • Entrepreneurs Vs. Business Owners
  • Buyers Vs. Sellers
  • Investors (Short Vs. Long)
  • Office Vs. Remote Work

Featured On The Show:

  • Tropical MBA
  • Web Equity Show Podcast on Opportunities
  • Running Remote
  • Dynamite Jobs
  • Tim Ferriss @ Four Hour Work Week
  • Time Doctor
  • Zoom

 

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http://traffic.libsyn.com/webequityshow/WEBEQUITY051.mp3

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Tagged With: business owners, Buy and Sell Website, buyers, Entrepreneur, investors, Online Business, remote work, season 5, sellers

SO4E05: Hiring Your Team

November 28, 2018 by Justin Cooke Leave a Comment

Subscribe to our VIP LISTHiring well becomes critically important as you grow/expand your online business.

We’ve hired hundreds of people in the US and abroad and, based on those experiences, wanted to share what we’ve learned along the way with you today, in this episode.

Looking to grow your team? This is a great episode for you!

Please do stop by iTunes and give us a review when you get a chance – we’d really appreciate it!

Alright, let’s dig in…

Listen To The Full Interview:

http://traffic.libsyn.com/webequityshow/WEBEQUITY041.mp3

Podcast: Play in new window | Download

What You’ll Learn From This Episode:

  • What are the roles?
  • Where to post the jobs?
  • The application process
  • How To Interview
  • Onboarding Process

Featured On The Show:

  • Web Equity Show – Season 2, Episode 6 on Due Diligence
  • Ace Chapman
  • Tropical MBA
  • Dynamit Circle
  • We Work Remotely
  • Remote.Co
  • Remote
  • Indeed
  • Schedule Once

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Tagged With: Entrepreneur, Managing Team, Season 4, Skills, Virtual Assistant

S03E03: Preparing To Sell Your Online Business (Part 1)

February 8, 2017 by Justin Cooke Leave a Comment

Subscribe to our VIP LISTWhat are the exact steps you need to take if you want to sell your online business?

That’s the question we’re tackling in this 2-part episode.

We’ve shared tips/tricks in previous episodes and on the Empire Flippers Podcast, but we wanted to see if we could break the process down specifically for a potential seller.

We’ll be walking you through exactly what you need to setup and prepare if you have a mind to sell:

Phase I – Getting Your Business Started. Why do you need to think about an exit from day 1? What can you do to better set yourself up for a successful exit?

Phase II – Growing/Scaling Your Business. What steps can you take during the growth process that will improve value?

Phase III – 12 Months Out. What can you do when you’re 12 months out from a potential sale to maximize the value of your business?

In these two episodes, we’ll walk you through, step-by-step, from creating your business up to getting the online business ready to list.

If you’re at all interested in hearing about how to sell your online business, these two episodes will help you get there.

Fan of the show? Please stop by iTunes and leave us a review! We’ll give you a shout on a future episode and would love the feedback!

Have a question? Feel free to use Speakpipe to record a question and we’ll do our best to answer it on an upcoming episode of the Web Equity Show.

Listen To The Full Interview:

http://traffic.libsyn.com/webequityshow/WEBEQUITY29.mp3

Podcast: Play in new window | Download

What You’ll Learn From This Episode:

  • Getting Your Business Started (Phase 1)
  • Growing/Scaling Your Business (Phase 2)
  • 12 Months Out From A Potential Sale (Phase 3)

Featured On The Show:

  • Built to Sell Book
  • Dan Norris @ WP Curve
  • Infusion Soft
  • Drip
  • Hubspot
  • Empire Flippers
  • Quiet Light Brokerage

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Tagged With: Brokers, Buy and Sell Website, Cashflow, diversification, Entrepreneur, financing, Legal Protection, Managing Team, negotiating a deal, Online Business, Selling

S02E03: Should I Start With Building Or Buying Sites?

March 29, 2016 by Justin Cooke Leave a Comment

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If you’re just starting out, you might have asked yourself the question, “Am I better off building or buying sites?”

It’s a fair question – one we attempt to help you answer in this podcast episode.

We look at some of the advantages and disadvantages of each approach and break down the Money-Time spectrum to see which might be a better fit for your situation.

 

While we can’t answer the question for you, we hope these insights will help you make a more informed decision on building up your online portfolio.

If you’re liking this show and want to give us some love, make sure to stop by iTunes and leave us a review! That’s the best way to support the show and helps us spread the word.

Listen To The Full Interview:

http://traffic.libsyn.com/webequityshow/WEBEQUITY019.mp3

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What You’ll Learn From This Episode:

  • Required Skillsets For Buying A Site?
  1. Internet savvy + Google-Fu search skills
  2. Buying and setting up domains, hosting, WordPress
  3. Intermediate skill in at least one (more is better) traffic channel
  4. Basic understanding of the different monetization methods and ups/downs of each
  5. Intermediate understanding of at least one platform you’ll be primarily using
  • The Website Buying Spectrum
  1. Point 1: No money, lots of time
  2. Point 2: Some money, good amount of time
  3. Point 3: Good money, some amount of time
  4. Point 4: Lots of money, no time

Featured On The Show:

  • Empire Flippers
  • Michael Henman @ Return on Conversion
  • Pat Flynn @ Smart Passive Income
  • Spencer Haws @ Niche Pursuit
  • Dominic Wells @ Human Proof Designs
  • Anton Kraly @ Dropship Lifestyle
  • Jon Haver @ Authority Website Income
  • Tung Tran @ Cloud Living
  • Ace Chapman
  • Tropical MBA

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Tagged With: adsense, Affiliate, Amazon, Buy and Sell Website, Dropshipping, due diligence, eCommerce, Entrepreneur, monetization, Online Business, Season 2, Skills, Web Portfolio

Ep #13: A Day In The Life Of An Online Business Mogul

November 4, 2015 by Justin Cooke 1 Comment

Subscribe to our VIP LIST“What the hell do you do all day?”

We never get asked this question that directly, but it’s definitely something they have in the back of their minds. What does it look/feel like to not have to go to an office every day? To be able to travel and work anywhere you can bring a laptop and have an internet connection?

Today, Ace and I sit down to discuss the benefits that come with being an “online business mogul” and clear up some of the misconceptions some have about what it’s REALLY like.

Digging the Web Equity Show? Please leave us a review on iTunes. We’d really appreciate it!

Listen To The Full Interview:

http://traffic.libsyn.com/webequityshow/WEBEQUITY013.mp3

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What You’ll Learn From This Episode:

Benefits

  • Freedom
  • Wealth (Through Assets)
  • Connections

Misconceptions

What our days REALLY look like

 Featured On The Show:

  • Dynamite Circle
  • Rhodium Weekend
  • Up Work
  • 99 Designs
  • Jon Myers
  • Dan Cowell
  • Neil Patel

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Tagged With: Brokers, business mogul, Buy and Sell Website, Entrepreneur, Flipping, hustler, Managing Team, Misconceptions, Season 1, Virtual Assistant, Web Equity, Websites

Ep #12: The Mini-Mogul Business Model

October 9, 2015 by Justin Cooke Leave a Comment

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There are plenty of first-time website buyers and sellers, but did you know that much of the business we do is with other industry professionals?

These Mini-Moguls run anywhere from a handful to hundreds of sites and even have virtual employees and teams to run the sites for them.

In this episode, we’ll dig into some of the profiles of these entrepreneurs and look at some of the pro’s and con’s to each model. If you’ve wondered what this might look like as a full-blown career choice, this is the episode for you.

Digging the Web Equity Show? Please leave us a review on iTunes. We’d really appreciate it!

Listen To The Full Interview:

http://traffic.libsyn.com/webequityshow/WEBEQUITY012.mp3

Podcast: Play in new window | Download

What You’ll Learn From This Episode:

  • The Roll Up Strategy
  • Portfolio Builders/Investors
  • The Website Flippers

 Featured On The Show:

  • Dan Pena
  • Empire Flippers Podcast Interview with the CPA

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Tagged With: Buy and Sell Website, Entrepreneur, Flipping, investors, Legal Protection, Online Business, Season 1, Web Portfolio

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