4.8 • 1.4K Ratings
🗓️ 9 April 2020
⏱️ 47 minutes
🧾️ Download transcript
Today I’m happy to have my buddy Chris Guthrie back on the show. Now a lot has changed since I last interviewed him in episode 53. For one thing, he’s bought and sold a bunch of businesses in the past 4 years and he recently joined Quiet Light Brokerage as well. So today, we’re going to break down Chris’s process on how he selects businesses to buy. What You’ll Learn Where to look for potential deals and how to find them The typical multiples for different types of online businesses How to vet good companies to buy Common mistakes when […]
The post 299: How To Buy An Online Business The Right Way With Chris Guthrie appeared first on MyWifeQuitHerJob.com.
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| 0:00.0 | You're listening to the My Wife Quitter Job Podcast, the place where I bring on successful bootstrap business owners and delve deeply into the strategies they use to grow their businesses. |
| 0:08.0 | Now today I have my friend Chris Guthrie back on the show, and a lot has changed since I had Chris back during episode 53. |
| 0:15.0 | Now for one thing he's bought and sold a bunch of businesses in the past four years |
| 0:19.0 | so today we are going to pick his brain on his process on how he selects businesses to buy. |
| 0:24.0 | But before we begin, I want to thank Clavio for sponsoring this episode. |
| 0:28.0 | Clavio helps brands build relationships across any distance, delivering email marketing moments your customers will appreciate, remember, and share in good times and bad. |
| 0:36.6 | And since it's all driven by real-time e-commerce data, you can make sure every interaction feels more personal. |
| 0:42.4 | Now when you have a 360 degree view of the customer, |
| 0:45.8 | the growth possibilities are endless. So visit Clavio.com slash my wife to schedule a demo. |
| 0:51.6 | Once again, that's KLA v Iyo. |
| 0:54.1 | dot com slash my wife. |
| 0:56.2 | I also want to give a shout out to privy who's also a sponsor the show. |
| 0:59.1 | Privy is a tool that I use to build my email list |
| 1:01.3 | for both my blog and my online store. |
| 1:03.0 | Now what does Privy do? Well, Privy is an email list growth platform and they manage all my |
| 1:07.3 | email capture forms and I use Privy hand in hand with my email marketing |
| 1:10.7 | provider. Now there are a bunch of companies out there that manage your email capture forms, but I like |
| 1:14.8 | Privy because they specialize in e-commerce. |
| 1:17.1 | And right now I'm using Privy to display a cool Wheel of Fortune pop-up. |
| 1:20.3 | Basically a user gives their email for a chance to win valuable prizes in our store. |
| 1:24.0 | And customers love the gamification aspect of this and when it implemented this form, |
| 1:28.0 | email sign-ups increase by 131%. |
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