$150K + Website Flip In 18 Months with Kyle [Flipping Websites Case Study]
Buying Online Businesses Podcast - A podcast by Buying Online Businesses - Wednesdays
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Are you someone who lost a job due the ongoing pandemic and want to try out an entrepreneurial journey? Then you should check out Kyle’s inspiring story. This episode may cast out your doubts about online businesses and go try it yourself. Jaryd had a chance to speak with Kyle who is an experimental psychologist turned business owner and investor. He lost his job during the pandemic in 2020 and changed his life through his first business acquisition and going on to become the founder and CEO of a larger organization. We have discussed how he lost his job from the pandemic and bought the business, what type and how much for, what the multiple was and what is the income per month and what we did to grow it (without too much work). We also talked about how much he sold it for, what he made from the flip and from holding it for 18 months. Last but not the least, Kyle will share his amazing insights about what he learnt during the process of website flipping. Surely, Kyle’s lessons are something you don’t want to miss if you are a first time buyer. This is an inspiring podcast episode you will love to hear. Tune in now! Episode Highlights 00:00 What you’ll learn in this episode 02:23 Niche website builder 03:10 What kind of business Kyle purchased? 07:00 Strategy 08:17 Process & Results 14:41 How many hours did you invest? 15:17 When did you sell your business? 17:28 Monthly income & Profit 21:51 Kyle learned a lot 27:55 Due diligence takes time 30:56 What's next? 35:42 Kyle has advice for you! 40:21 Thank you for listening About The GuestKyle is an experimental psychologist turned business owner and investor. He lost his job during the pandemic in 2020 and changed his life through his first business acquisition and going on to become the founder and CEO of a larger organization. Resource Links ➥ Buying Online Businesses Website (https://buyingonlinebusinesses.com) ➥ Download the Due Diligence Framework (https://buyingonlinebusinesses.com/freeresources/) ➥ Visit Niche Website Builders and get EXCLUSIVE OFFERS as a BOB listener (https://www.nichewebsite.builders/bob/) 🔥🔥 Buy & Sell Online Businesses Here (Top Website Brokers We Use) 🔥🔥 ➥ Empire Flippers - https://bit.ly/3RtyMkE ➥ Flippa - https://bit.ly/3WYX0Ve➥ Motion Invest - https://bit.ly/3YmJAmO➥ Investors Club - https://bit.ly/3ZpgioR See omnystudio.com/listener for privacy information.