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The Exit - Presented By Flippa

Shakil Prasla - What I Ask When Scouting 6-7 Figure Online Business Acquisitions

The Exit - Presented By Flippa

The Exit - Presented By Flippa

Technology

5.0420 Ratings

🗓️ 22 September 2020

⏱️ 29 minutes

🧾️ Download transcript

Summary

Shakil co-founded SZ Ventures, an investment firm that has acquired several online stores across multiple eCommerce industries including promotional products, fitness gear, fashion accessories, bath bombs, custom apparel, and print media. His vast experience spans through acquisitions, paid digital advertising, web development, hiring overseas, product sourcing and operations. Shakil was born in Austin and holds a BBA from University of Texas in Austin and an MBA from the Acton School of Business. To listen to the podcast or get daily listing updates, click on https://flippa.com/the-exit-podcast/

Transcript

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0:00.0

Hello and

0:12.8

welcome to the exit presented by Flippa. I'm your co-host Steve McGarry

0:15.6

and this is a 30 minute podcast featuring expert

0:17.9

entrepreneurs who have been there and done it. They bought businesses,

0:21.4

they've sold businesses, and they've operated dozens bought businesses. They've sold businesses and they've operated dozens of

0:24.3

businesses all at once. But before we dive into this episode definitely be sure to

0:29.9

check out my interview with Judd Armstrong on the previous episode wherever you're listening to this

0:35.4

podcast whether it's on Spotify Sound Cloud or even on YouTube you can definitely check

0:40.0

out the link to that previous episode you don't want to miss that so for this

0:44.4

episode I have the honor and privilege to sitting down with sitting down with

0:48.0

Shakeel Prasla the founder of SC ventures.

0:53.2

We cover a ton in this interview,

0:55.4

and Shaquille was really, really great

0:57.4

in describing exactly how SC ventures

1:00.5

goes through their diligence process.

1:02.4

So the general theme of this was really diving into the

1:05.4

nitty gritty of how they look at buying businesses. And you'll notice as we go through the conversation,

1:11.8

he really starts talking about how they've scaled to this really

1:15.1

pretty massive size that they're at right now, which is quite impressive. I want to leave it as a treat,

1:20.5

so definitely stick around through to the end of the interview all the way through

1:24.5

because he gets to the point where he's talking about the scale of SC ventures and no matter what stage you guys are at

1:32.0

listening to this podcast it's going to be a really

...

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