Why Buy A Profitable Online Business Instead Of Staring One with Ryan Condie [Part 1]

Imagine if you could skip forward 3-5 years in your online business journey, just from buying a profitable online business.Instead of spending a whole lot of time, money, effort and energy just trying to start an online business and still run the risk of it failing. You see 90% of all startups fail and Ryan Condie shares why this happens in this podcast episode.He also shares what mistakes he has made when buying online businesses and how he has been able to speed up his wealth creation immensely by following the right steps of acquiring businesses and then growing them. Rather than starting at ground zero. If you want to buy a profitable online business and skip the 90% failure rate this podcast is for you! Episode Highlights0:00 - What you’ll learn in this episode 03:07 Welcome Ryan  04:10 Ryan Story Condie’s story on starting out in the online business space 06:00 Buying Business VS Starting From Scratch  and which is better08:51 Which idea is going to work in your startup 13:57 Buying multiple businesses and how it should be done 15:13 Jaryd’s philosophy when buying website businesses  17:19 Buying a business is a transaction, how to not get emotional  19:08 Ryan asks Jaryd what to do with a business he is looking to buy 24:40 Never buy a business based on opportunity alone 24:34 Jaryd is not a turn around guy, and why he doesn’t like that method 27:39 Ryan’s advice to first time business buyers.   About The GuestRyan Condie focuses on acquiring, growing and holding online businesses for the long term. He has started 8 businesses where 6 failed and 2 succeeded. He has also bought 4 businesses and continues to grow these businesses whilst working as an M&A advisor at QuietLight Brokerage. Resource Links ➥ Buying & Building Online Businesses VIRTUAL SUMMIT 2022 -  https://www.buyingonlinebusinesses.co/onlinesummit  ➥ 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/) ➥ Check out Odys' great deals (http://odys.global/) Connect with Ryan Condie: ➥ https://letsbuyabusiness.com/ ➥ https://www.linkedin.com/in/ryancondie ➥ https://twitter.com/RyanPaulCondie  🔥🔥 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.