Chapter
Places to Check Out Internet Businesses for Sale.
27:55 - 35:18 (07:23)
You can find many internet businesses for sale on websites like Empire Flippers, Quiet Light Brokerage, and FE International. It's an excellent way to get business ideas and see successful businesses you never thought existed.
Clips
Giveaway businesses operate through various ways such as selling entries like a raffle, using the audience as a product and selling their data, and renting out real estate to marketing companies.
27:55 - 29:02 (01:06)
Summary
Giveaway businesses operate through various ways such as selling entries like a raffle, using the audience as a product and selling their data, and renting out real estate to marketing companies.
ChapterPlaces to Check Out Internet Businesses for Sale.
Episode#193 - How a $25 Million a Year Sweepstakes Business Works and Shaan Predicts the Future
PodcastMy First Million
Learn where to buy and sell internet businesses by checking out brokerage websites such as Empire Flippers and FE International.
29:02 - 31:24 (02:21)
Summary
Learn where to buy and sell internet businesses by checking out brokerage websites such as Empire Flippers and FE International. These sites are great for getting business ideas and seeing successful businesses in action.
ChapterPlaces to Check Out Internet Businesses for Sale.
Episode#193 - How a $25 Million a Year Sweepstakes Business Works and Shaan Predicts the Future
PodcastMy First Million
A company employs 30 warehouse workers to run an e-commerce store that sponsors giveaways on YouTube channels.
31:24 - 32:18 (00:54)
Summary
A company employs 30 warehouse workers to run an e-commerce store that sponsors giveaways on YouTube channels. Consumers enter the giveaway for a chance to win a car and can increase their chances by purchasing items from the store, such as a $40 sweatshirt. It's a legitimate business model that generates a profit without being sketchy.
ChapterPlaces to Check Out Internet Businesses for Sale.
Episode#193 - How a $25 Million a Year Sweepstakes Business Works and Shaan Predicts the Future
PodcastMy First Million
This podcast discusses popular businesses that have thrived during the COVID-19 pandemic, including churches, ammunition and gun shops, and the housing and automotive industries.
32:18 - 34:18 (01:59)
Summary
This podcast discusses popular businesses that have thrived during the COVID-19 pandemic, including churches, ammunition and gun shops, and the housing and automotive industries.
ChapterPlaces to Check Out Internet Businesses for Sale.
Episode#193 - How a $25 Million a Year Sweepstakes Business Works and Shaan Predicts the Future
PodcastMy First Million
When selling a business, it's important to consider factors such as the profit, ad costs, and potential buyer fatigue.
34:17 - 35:18 (01:00)
Summary
When selling a business, it's important to consider factors such as the profit, ad costs, and potential buyer fatigue. In this case, a business with a $6 million profit was sold for $24 million, which may be reasonable considering their large email and SMS subscriber lists.