BOB Podcast EP 019 – The Most Value Business To Buy According to $50M Of Data

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In this podcast episode, we have Greg Elfrink who is the content manager Of EmpireFlipper (EF), one of the most extensive website brokers online selling over $70M worth of websites. They are one of the 500 Inc companies three years in a row and have a multiple international business broker awards.

Greg shares with us today a precious piece of content that can be very useful for any website investor, and learn more about:

• What are the top 3 most valuable business, and why?
• What are the websites that have the best opportunity for growth?
• Which business is selling with the highest multiple?
• Which one is selling with the lowest multiple?
• Which is more favorable Dropshipping over FBA and why?
• The PBN myth
• What are the two most significant prediction in 2019 into 2020?
• Two riskiest business to enter into the next year

Top trending business models

Episode Highlights:

0:00 – Intro
1:17 – Introduction to Mr. Gregory L. Frank from Empire Flippers who is a website broker who have sold more than $70 million with websites
4:00 – What did you find from the data that was probably the most valuable business to buy, from the research you’ve actually got?
7:02 – A very interesting business because it was such a fast growing trend gets the highest multiple when selling
12:27 – The factory mindset seller
15:25 – The least or the worst multiple and just in general is the hardest to sell is drop shipping stores
19:55 – Value does not equal cheap. Problems are just opportunities but in disguise
22:41 – Order fulfillment agency of Fulfillment by Amazon – you can buy your bulk products
26:24 – What would you say, some of the biggest myths about buying websites that people that just don’t serve people?
31:24 – You do get what you pay for
33:10 –  Just because you bet a whole lot of businesses does not mean that you need to be really good at your own research and due diligence as well
34:09 – The PBN myth, tell me about what you guys have learnt about businesses with PBN’s (private blog network)
38:56 – White hat, SEO tactics. A black hat is bad and you’ll get penalized by Google. And gray hatter in the middle.
39:24 – What would be the biggest predictions coming moving forward for websites buying and selling websites in coming from the end of 2019 to 2020?
40:14 – Buyers are hungry for real brands
44:35 – Closing Remarks and How and where to contact Greg

Website of guest – https://empireflippers.com
Download 2019’s State of the Industry Report for Free
Greg’s email – [email protected]
Join https://go.buyingonlinebusinesses.com/community
Look up for Jaryd’s Free Resources

Guest Info:

Greg Elfrink is EmpireFlipper’s Content Manager who manages the flow of content surrounding the company’s brand – including blog posts, guides, podcasts, etc. He is the one producing the contents and promoting them. His goal is to grow the reach of the company to millions.