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The My Wife Quit Her Job Podcast With Steve Chou

280: How To Prepare Your Business For Sale And What Multiples To Expect With Thomas Smale

The My Wife Quit Her Job Podcast With Steve Chou

[email protected]

Marketing, Business, Entrepreneurship

4.81.4K Ratings

🗓️ 7 November 2019

⏱️ 48 minutes

🧾️ Download transcript

Summary

Today, I’m thrilled to have my friend Thomas Smale on the show. Thomas is the founder of FEInternational, one of the largest and most prolific website business brokers on the internet. Thomas has completed hundreds of millions in SaaS, ECommerce and content business acquisitions since 2010 and he’s got a huge network of pre-qualified investors. In this episode, we break down what multiples businesses are selling for today and how to prepare your business for sale. What You’ll Learn How Thomas founded FEInternational Why and how Thomas got into the business of buying and selling businesses The online business models […]

The post 280: How To Prepare Your Business For Sale And What Multiples To Expect With Thomas Smale appeared first on MyWifeQuitHerJob.com.

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to the My Wife Quitter Job podcast, the place where I bring on successful

0:04.1

bootstrap business owners and dig deep into what strategies they use to grow their businesses.

0:09.2

Today I have my friend Thomas Smell on the show and Thomas is the founder of Effie International

0:13.6

one of the leading business brokers in the world and in this episode we are

0:17.4

going to break down what multiple businesses are selling for today and

0:20.4

how to prepare your business for sale. But before begin I want to give a

0:24.4

quick shout out to Privy who is a sponsor of the show. Privy is the tool that I

0:28.0

used to build my email list for both my blog and my online store. And right now I'm

0:32.1

using Privy to display a cool Wheel of Fortune pop-up.

0:34.7

Basically a user gives their email for a chance to win valuable prizes in our store and

0:38.8

customers love the gamification aspect of this and when I implemented this form, email signups increased by 131%.

0:46.0

Now, Privy also offers a low-cost email marketing solution for e-commerce merchants.

0:50.0

If all you need are the basic email autoresponder sequences like Abandoned

0:53.8

Winback campaigns, pre and post purchase flows, then privy might be an ideal

0:57.4

solution for you. So bottom line, privy allows you to turn visitors into

1:01.1

email subscribers and recover lost sales.

1:03.8

So head on over to privy.com slash Steve and try it for free.

1:07.4

And if you decide you need some of the more advanced features, use coupon code

1:10.5

M WQ HJ for 15% off.

1:13.1

Once again that's PRI vY.com slash Steve.

1:16.6

Now I also want to give a shout out to Clavia

1:18.4

who's also a sponsor of the show.

...

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