Web Equity Show

Ep #16: How We Would Start Over From Scratch

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What would Ace and I do if we had to start over from scratch?

That’s the topic of this episode. We start off with the following conditions:

  • No Clients
  • No Connections
  • $100K to invest

This is our LAST episode (for this season), but we’ll be back with you in the New Year – most likely February or March at the latest.

So – what do you think our answers will be? Have a listen – we might surprise you!

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Listen To The Full Interview:

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What You’ll Learn From This Episode:

  1. Where would you start? What would be your focus?
  2. What are your FIRST few steps? (First couple of days/weeks)
  3. How would you put the $100K to work? (What would you spend it on)
  4. Where do you expect you’d be in 6 months? 1 year? 2 years? 3 years?
  5. How long until financial stable? Diversified?

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Ep #15: Legal Considerations When Buying & Selling Online Businesses

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Subscribe to our VIP LISTAce and I have talked quite a bit about both the buy and sell side of a deal, but wanted to take an episode to discuss the legal ramifications of buying and selling websites and online businesses.

In today’s episode, Ace sits down with David Rubenstein from Creditshout.com to discuss some of the legal concerns on both sides of the deal.

“What due diligence issues or gotchas should I watch out for?”

“What can I do to negotiate a better deal?”

“Do contracts really protect buyers and sellers?”

If you’ve been wondering how to protect yourself legally and want to hear an attorney’s thoughts, 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:

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What You’ll Learn From This Episode:

  • Due Diligence from an attorney’s perspective
  • Negotiating from a buyer and seller’s point of view
  • Importance of contracts when making a deal
  • Closing the deal from a legal perspetive

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Ep 14 : A CPA’s Take On Buying And Selling Online Businesses

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We get questions about the tax implications of buying online businesses all the time.

“Should this be a stock or asset sale?”

“Can I roll my sale into another purchase in a calendar year to avoid taxes?”

“What part of the sale is personal Vs. capital gains?”

We both have experience in buying/selling websites and online businesses, but when it comes to parsing thousands  of pages of tax code to find your loophole – that’s not really something we can do!

But there are people who CAN do that for you and today we sit down with one of them…

In this episode, we sit down with CPA Mario Lucibello to dig into the ins, outs, and upside downs of buying, selling, and investing in websites and online businesses. This guy’s a pro and we get into quite a bit.

Not the most exciting subject, but I had so many questions I just had to keep hammering him for the full hour. Sit back, relax, and let’s talk accounting when it comes to our industry.

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

Listen To The Full Interview:

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What You’ll Learn From This Episode:

  • Business Structure + Setup
  • Due Diligence With Buying Online Businesses
  • Taxes With Buying/Selling Websites

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

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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.

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What You’ll Learn From This Episode:

Benefits

  • Freedom
  • Wealth (Through Assets)
  • Connections

Misconceptions

What our days REALLY look like

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Ep #12: The Mini-Mogul Business Model

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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!

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What You’ll Learn From This Episode:

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

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Ep #11: How Can Non-Techies Buy Online Businesses?

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Subscribe to our VIP LISTMany first-time buyers get excited about the opportunities that come with buying an online business, but quickly realize they might not have the skills to manage the day to day operations.

Just what exactly are the skills required to buy the websites available?

That’s the question we’ll look to answer in today’s show. We’ll look at the base skills required and look at several different ways you can augment those skills through partnering, investing, and taking on an apprenticeship yourself.

We thought this podcast might be interesting as both Ace and I aren’t very technical ourselves, but we’ve found ways to work with these online businesses and get the job done.

Are you digging the Web Equity Show? Please leave us a review on iTunes. You’ll help us spread the word and we’d love to give you a shout on an upcoming episode!

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What You’ll Learn From This Episode:

  • Skillsets Needed To Buy An Online Business
  • Buying A Business Directly
  • Find A Technical Partner/Co-Founder
  • Find A Hustler To Back Or Invest In
  • Finding An Apprenticeship

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Ep #10: Hiring, Training, And Scaling Your Team

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Subscribe to our VIP LISTIt’s hard to build a real, valuable asset if you’re a one-man-band.

Part of the problem is having to trade time for money, but you’re also left with the “hit by a bus” problem. What happens to that business should you be hit by a bus? (Or otherwise incapacitated in some way)

Sure, running a multi-million dollar company without the hassle of dealing with staff/employees sounds nice, but is it realistic? How many companies do you know that are in a position you’d like to be and don’t have anyone working for them? Not many, I’m guessing…

In this episode, Ace and I share our experiences in hiring, training, and scaling employees and teams. Whether you think you need to make your first hire or are looking at creative ways to scale your team, this is a great podcast episode for you.

Are you getting value out of the Web Equity Show? Please show us some love and leave us a review on iTunes. You’ll help us spread the message and we’ll give you a shout on an upcoming episode!

Listen To The Full Interview:

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What You’ll Learn From This Episode:

  • When Should You Hire?
  • How Do You Determine Who To Hire?
  • Where To Find Employees
  • Managing Your Team
  • Local Vs. Virtual
  • Avoiding Typical Mistakes

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Ep #9: What’s My Online Business Worth?

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Whether you’re looking to sell your online business in the next few months or just a curious entrepreneur, the “What’s my business worth” question is an important one.

We could have made this podcast pretty short – it’s only worth what a buyer’s willing to pay for it – but where’s the fun in that!

There’s quite a bit to think about regarding valuations and we wanted to dive into those issues in this podcast episode. We’ll look at some common misconceptions when it comes to business valuations, cover some valuable “rules of thumb”, and dig into our tips to getting the best multiples or valuation when it comes time to sell your business.

Are you enjoying the Web Equity Show? Please leave us a review on iTunes or you can leave us a message (button to the right) and we’ll play your question/comment on the show!

Listen To The Full Interview:

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What You’ll Learn From This Episode:

  • Misconceptions regarding business valuations
  • Valuation rules of thumb
  • Getting top multiples when selling your business

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Ep #8: Raising Capital From Investors

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While you can self-fund your website purchases and online acquisitions, that’s not the ONLY way to close deals.

In this week’s episode, Justin and Ace look at several different strategies you can use to leverage investors to purchase websites and online businesses.

We dig into where to find investors, how to approach them with your plan, and look at how to both pitch them and provide them a return on their investment.

Using leverage can be risky, but might allow you to reach up and get deals that would otherwise be out of reach.

 

Are you digging the podcast? Please leave us a review on iTunes or you can leave us a message (button to the right) and we’ll play your question/comment on the show!

Listen To The Full Interview:

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What You’ll Learn From This Episode:

  • Finding Investors
  • Advice Is Where The Money’s At
  • Kevin Bacon & The Six Degrees of Separation
  • Getting Organized – Bringing Home The Cash

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Ep #7: Virtual Properties Vs. Offline Real Estate

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Subscribe to our VIP LISTInvestors often discuss the similarities between buying online businesses and offline real estate, but is that comparison really fair?

In this week’s episode, Justin and Ace dig into both the similarities and differences when it comes to financing, risk/reward, management, and legal protects/restrictions.

It’s easy to compare direct ROI, but you’re not getting the best info if you’re not looking at the whole picture. We do some in-depth comparisons in this episode – hope you enjoy!

Are you digging the podcast? Please leave us a review on iTunes or you can leave us a message (button to the right) and we’ll play your question/comment on the show!

Listen To The Full Interview:

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What You’ll Learn From This Episode:

  • Financing comparisons
  • Risk/Reward for both
  • Cashflow Vs. Capital Gains Investing
  • Management (Passivity)
  • Legal Protections/Restrictions

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