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Have you ever considered selling your online business?
Blake Hutchison
Blake Hutchison is the CEO of Flippa.com, the world’s largest marketplace to buy and sell online businesses. Prior to running Flippa, Blake held leadership roles in multiple fast-growth tech businesses across E-commerce and SaaS, but his focus now is on helping small business owners exit and buyers to acquire lucrative online businesses.
Today we discuss the types of online businesses that are sold on Flippa, how to value your small business, what buyers are looking for, and how to prepare for a lucrative exit, in the event that you choose to sell your business.
What We Discuss in this Episode with Blake Hutchison
- The 4 types of online business can be bought and sold on Flippa.com
- How to value your online business
- Preparing your exit strategy
- Selling your content asset – i.e. blog, podcast, app, community
- Differentiating your personal brand from the value your online business creates
- What buyers are going to expect from you
- Preparing for revenue diversification
- Sales examples of SaaS, Ecommerce, Content Assets and App
- What is an acquisition entrepreneur
- The benefits of Flippa for buyers and sellers
- How Blake became the CEO after selling his online business
- Popular online businesses that are selling right now
- What buyers are looking for in a blog or app
- Why cryptocurrency and NFTs is not a good investment for the average investor
- The importance of a proven track record of consistency
- The ROI difference between real estate and business asset classes
Podcast Highlights
1:35 – 4 types of sellable online businesses
3:20 – Selling your content asset
9:00 – Preparing for your business exit
15:15 – The benefits of Flippa
18:56 – From seller to CEO
21:40 – Popular businesses right now
25:45 – Cryptocurrency and NFTs
29:05 – Flippa resources
Learn More About Buying and Selling Online Businesses
Connect with Blake Hutchison
- LinkedIn: https://au.linkedin.com/in/blakehutchison
- Website: flippa.com
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