186: Buying & Selling Businesses w/ this International Man of Mystery - Thomas Smale of FE International ⭐

Entrepreneur Stories 4⃣ Inspiration

Millionaire Interviews Podcast & Sir Austin Peek

Careers, Business:careers, Business

4.7 • 2K Ratings

🗓️ 1 January 2021

⏱️ 62 minutes

🔗️ Recording | iTunes | RSS

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Summary

Thomas Smale began his career in the early 2000s when he began building and selling small online companies. This turned into a full-time career when he founded FE International in 2010, growing the business with zero funds from the ground up and consistently doubling annual revenue, as well as the average deal size. Join our 🔥 Facebook Group to meet other listeners of the podcast: facebook.com/groups/mipvips. This Episode is Sponsored By: Alice from Los Angeles thinks the Group Calls are like an extension of the Millionaire Interviews Podcast. Plus it's a nice little community, so come be part of it by joining today at: millionaire-interviews.com/patreon Bruce (also) from Los Angeles enjoys that Austin takes the time to weed out shitty interviews. Plus Bruce got a lot of help on our first group call... To listen to that help, become a Patreon Member to check it out: millionaire-interviews.com/patreon Barry from Nashville got to see what Austin really looked like on their 1-on-1 Call. Plus it gave Barry the opportunity to get in the game & meet other members. If you want a 1-on-1 Call with Austin then sign up to become a Patreon Member right now: millionaire-interviews.com/patreon Torrey from Dayton, Ohio will always have a special place in Austin's heart for his Fabulous Question on Group Call VII. To check out that fabulous question, then become a Member where you have access to all our past Group Calls. It's easy, just join right here: millionaire-interviews.com/patreon Want to Support the Show? Well we'd love for you to join our Patreon Group! What's in it for you? Well you'll instantly get a scheduled call from Austin, where he'll help you with your current or future business... Sign-Up Now at millionaire-interviews.com/patreon. 😀😎😍 *** For Show Notes, Key Points, Contact Info, Resources Mentioned, & the Fabulous 4 Questions on this episode visit our website: Thomas Smale Interview. *** Support this Podcast via Patreon Feedback? Questions? Comments? We would love to hear from you! Hollar at us via: Facebook Group (@MiPViPs), or Twitter (@acpeek or @millionairepod), Instagram (@millionaire_interviews), LinkedIn (@austincpeek), Facebook (@millionaireinterviews), or Email: [email protected]. 😎😍😀

Transcript

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0:00.0	Welcome to the show Mr Entrepreneur Mrs Entrepreneur or
0:05.4	Nantjinder Entrepreneur hope you enjoy
0:09.2	Once you focus on just doing one thing doing one thing really well
0:12.3	It's much easier particularly if you have that obsessive personality which most entrepreneurs do
0:17.2	Every day when you rust wake up we're like how can we improve parts of our project
0:21.8	You want to win one more?
0:26.0	It's like like you spent two weeks
0:27.5	Anyway 30,000 dollars and then you spent the same time this month in the forum
0:31.9	kind of talking to people about buying selling websites what have you made there and it's like zero
0:36.7	A tip if you want to buy a business for invest like just because you have
0:45.2	Seven years ago I really kind of struggled with this stuff when I was like relatively early on
0:49.2	Now it's a lot more normal. I've just accepted the fact that there will be issues every single day
0:54.4	And it will really vary what it is
0:56.4	When you do have time try and actually spend some quality time together
1:00.2	I was one of those culprits that I would work all the time and then when I get to weekends
1:03.9	I would also work all weekend and I would never really take a break
1:08.7	Hey Austin, thanks very much having me on my name's Thomas Male
1:12.0	I'm the founder of Effie International
1:14.4	I'm 32 years old and I started the company 10 years ago back in
1:18.4	2010 we are at M&A firm that specializes in the sale of
1:23.2	SaaS e-commerce and content-based businesses and across the world at the moment we have a team of just over 50 people
1:29.7	Our head office is in New York and then we're also an office in London in Europe
	...

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