WCI #77: Investing in Online Businesses - An Interview with Gregory Elfrink from Empire Flippers
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.8 • 2.4K Ratings
🗓️ 25 October 2018
⏱️ 53 minutes
🧾️ Download transcript
Summary
Investing in online businesses is a relatively new asset class for most investors. But can be a great place to invest some of your portfolio. If you ever wondered how do you invest in websites this episode is for you. Gregory Elfrink from Empire Flippers walks us through the process of buying an online business and gives us the ins and outs of this asset class.
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Transcript
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| 0:00.0 | This is the White Coat Investor Podcast, where we help those who wear the white coat get a fair shake on Wall Street. |
| 0:06.0 | We've been helping doctors and other high-income professionals stop doing dumb things with their money since 2011. |
| 0:12.0 | Here's your host, Dr. Jim Dolly. |
| 0:14.0 | Welcome back to the White Coat |
| 0:20.0 | to the White Coat Investor Podcast. This is episode number 77 investing in online |
| 0:24.4 | businesses no more waiting through dozens of books at the library scrolling |
| 0:28.7 | through hundreds of blog posts on dozens of blogs or checking in daily with online |
| 0:32.4 | forums trying to gain a financial education |
| 0:34.6 | the way the hobbyists do. |
| 0:36.4 | For a fraction of the price of hiring a professional financial planner, the Fire Your Financial |
| 0:40.7 | Advisor online course will take you from feeling anxious and |
| 0:43.6 | having no plan to having a written financial plan you can follow the rest of your |
| 0:47.7 | investing career as a professional and a retiree. This course is the material that should have been taught to you in college, medical school, |
| 0:54.7 | and a residency, but never was. Fire your financial advisor also has a version eligible for |
| 0:59.3 | CME credit. Get your financial life in order today. Go to white code investor. |
| 1:03.5 | dot com slash courses to sign up. You can do this and the white code investor can help. |
| 1:08.1 | Our quote of the day today comes from Morgan Housle who said a big enough bonus can convince even honest law-abiding |
| 1:14.6 | finance workers selling garbage products that they're doing good for their customers. |
| 1:19.4 | Thanks for what you do. |
| 1:20.3 | I know the work you do each day is not always appreciated by those you do it for and a lot of people |
| 1:26.5 | don't appreciate the fact that you sacrificed a significant portion of your life and health to do it. |
| 1:32.1 | But it's pretty interesting work I've got to admit I had an interesting of your life and health to do it. |
... |
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