4.6 • 683 Ratings
🗓️ 8 May 2022
⏱️ 20 minutes
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Buy & Sell Online Businesses
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0:00.0 | And what is the monthly recurring revenue today on the app? |
0:04.0 | It's just a little bit more than 10K USD per month or per year? |
0:10.7 | Per month. |
0:11.8 | Oh, wow. |
0:12.2 | So you've really grown it a lot over the past 12 months. |
0:16.5 | You are listening to conversations with Nathan Latka, where I sit down and interview the top SaaS founders, like Eric Wan from Zoom. |
0:25.5 | If you'd like to subscribe, go to gitlatka.com. |
0:29.6 | We've published thousands of these interviews, and if you want to sort through them quickly by revenue or churn, cack, valuation, or other metrics, the easiest way to do that is to go to |
0:39.3 | gitlatka.com and use our filtering tool. It's like a big Excel sheet for all of these |
0:43.8 | podcast interviews. Check it out right now at gitlatka.com. Hey folks, my guest today is Norbert Huthmeyer. He |
0:52.4 | is a software developer and online entrepreneur |
0:54.4 | looking to buy and scale offbeat internet businesses. Norbert, you ready to take us to the top? |
0:59.7 | Yes, I am. All right. Why buy and sell instead of build from scratch? |
1:05.3 | I find it interesting to pick something that already has traction. |
1:14.9 | And because it's the hardest part, quite frankly, to find that the product market fit is probably the most difficult part. |
1:17.1 | And if you can shortcut it, yeah, why not? |
1:20.5 | So tell me about the last company you bought and how you found it. |
1:24.1 | So I started in early 2021 and I was just, you know, I wanted to buy something and see if I can scale it. |
1:34.3 | And I did search through all the internet marketplaces, mostly flipper.com back then and just, you know, looked at as many listings that I could get my hands on |
1:47.9 | and talk to the owners. And then I found AutoForbord SMS and, yeah, just bought that one. |
1:55.2 | Okay. And so which network did you find that, that website on, Flippa? |
1:58.6 | That was Flipper, yes. Okay, and what was the listing price? |
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