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  1. JM35

    Health product store.

    There are 9,000 results for "Superfood Powders" on Amazon (Amazon: Superfood Powders) what is going to make your product different and stand out from all these other brands? I'd be careful sourcing consumable products from Alibaba. People, especially people who are conscious of what they are...
  2. JM35

    Why is P/E ratio of a new private company lesser as compared to public company ?

    Nik - it really depends on your business model and the cash needs of the business. If you are selling a smaller online business, it is common for sellers to remove all cash and earnings from the business. When you get to larger businesses (mostly million+) or businesses that operate brick and...
  3. JM35

    How to advertise a luxury streetwear brand?

    HOT! MARKETING 
    I will go there on the website. First, I think you need a professional website. Doesn't have to be "professionally designed" but it needs to look professional. Right now you are trying to sell shirts that probably cost more than your website did. I would also recommend a professionally designed...
  4. JM35

    Online Business Valuation Calculator - Feedback Please!

    I agree on your last point there - what we do is take an average monthly profit from the trailing 12-months and base the multiple off of that number. So it does capture the annual profitability - we just show it in a monthly manner rather than annual. There are some significant brokers in the...
  5. JM35

    Online Business Valuation Calculator - Feedback Please!

    Yes, the multiples are monthly multiples. Some brokers use annual but I prefer monthly, since the annual multiples typically trade in a pretty tight range of 1-3x annual profits. It's a lot easier to comprehend a 19x monthly multiple than a 1.583x annual multple, in my opinion.
  6. JM35

    Online Business Valuation Calculator - Feedback Please!

    Absolutely - I think the big opportunity is getting into the buyside down the road. If I can get a good amount of proprietary deal flow, I can cherry pick the best businesses and buy them for myself, likely getting them for a lower multiple by offering a quick sale. Then because I have a built...
  7. JM35

    Online Business Valuation Calculator - Feedback Please!

    Phil - thanks for the suggestion. I've never heard of Bubble but it looks quite interesting. I'll give it a shot and see what I'm able to build here - maybe it will suffice for the short term. But eventually, I think it's worth it to pay a pretty penny for something that is 100% built out and...
  8. JM35

    Online Business Valuation Calculator - Feedback Please!

    Thanks, I appreciate the note. In regards to the developer, we have gotten quotes from $2.5k-10k. The formulas in my model are quite complex...here is a snip of one for example, out of probably 50 like this...
  9. JM35

    Online Business Valuation Calculator - Feedback Please!

    Hey Fastlaners, In my quest to start an online business brokerage (going well so far, signed up 2 $150k+ sites in two months), I decided to build a business valuation calculator to serve as a lead generator eventually (going to cost ~$8k to develop). If you have ever tried one of those "whats...
  10. JM35

    Intro, AMA, and a Recent Sale for $6M of InvestorJunkie.com

    GOLD! 
    Congrats on the sale and welcome to the forums! Having experience with both investing and running online business, what are your thoughts on using websites and online businesses as complements to traditional investment portfolios? Obviously, there is a higher learning curve for investing in...
  11. JM35

    I Took 6-Months off the Forums. Here's What I Accomplished

    EXECUTION 
    I really don't spend any time building inorganic back links. I do have some backlinks from car forums, where I just put my link in the signature of my posts. I also wrote one guest post. Other than that, every link is organic. You'd be surprised how many times people will just naturally link to...
  12. JM35

    I Took 6-Months off the Forums. Here's What I Accomplished

    EXECUTION 
    My niche sites are in the Automotive industry - I ran a bmw parts dropshipping business for 4 years and have always been a big car guy, so I have personal insight/knowledge on the things I write about. I do own a couple generic car brand sites (one for Chevy Trucks and one for Porsche) but my...
  13. JM35

    Dropshipping?

    SIDE HUSTLE 
    What value do you add to a buyer? Can I find the same product on Amazon for cheaper? Most ecomm/dropshipping businesses require huge advertising spends to drive traffic, and then you need a high converting site to make it profitable. Head over to exchangemarketplace.com and look at the business...
  14. JM35

    I Took 6-Months off the Forums. Here's What I Accomplished

    EXECUTION 
    We're taking more of an investment banking approach to selling websites, so yes we run a full review/vetting process prior to listing them. We then build ~20-30pg marketing deck for each business. So we put a lot of time into the process to take work off the seller's hands, but also the buyers...
  15. JM35

    I Took 6-Months off the Forums. Here's What I Accomplished

    EXECUTION 
    ZCP, good question...here are the big things I'm hoping to tackle by EoY 2018: Launch FBA product and get my blog to 40k uniques, grow profits from the combined two to $1k+ Get my 2nd niche blog to 15k uniques and $300+/month Close $500k of website deals $1.5k/month of purely passive online...
  16. JM35

    I Took 6-Months off the Forums. Here's What I Accomplished

    EXECUTION 
    Towards the end of 2018 and the beginning of the new year I was in a big reading kick. I was reading a lot of books (millionaire fastlane, tim ferris, the subtle art, etc.) but was also spending a lot of time reading around here on the forums and other places on the web. From M-F I worked a...
  17. JM35

    Any vlog from rich businessmen?

    MINDSET 
    Just don't sign-up/pay for any of his programs.
  18. JM35

    What books do i read

    HOT! 
    Sometimes the issue with the self-help books is they get you so amped up to start running that you forget how to walk first. Reading is pointless if you aren't spending the time to fully understand what it is that you are reading. Every time you are curious about something, Google it and read...
  19. JM35

    Investor money vs natural growth vs bank's money?

    You're not getting a bank loan for a business that small without pledging personal collateral. And at that point, you might as well use that capital to invest in your business. Any your rate on a $75K loan to a business doing that in sales would be 20%+ if you could even find anyone interested...
  20. JM35

    Lost important domain to broker

    Same thing happened to me a few years back, actually because I just never renewed it. It was definitely a $1,000+ domain name but I was in one of my periods of side-walking and probably just deleted GoDaddy's email before reading that my domain needed to be renewed. Tough lesson, but...

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