Listen "How to Buy Profitable Online Businesses and Build Different Streams of Passive Income with Jaryd Krause | Podcast #95"
Episode Synopsis
Jaryd Krause, is an online business mentor, coach & investor teaching people how to work less & earn more by buying established online businesses that are already profitable.Jaryd believes that buying and renovating websites is the best way to grow an investment portfolio – better than real estate, better than stocks, and way better than money in the bank. Jaryd also runs the Buying Online Businesses Podcast and one of the largest communities of people buying and selling successful website businesses so they can ultimately achieve their life goals.During this interview we cover:00:00 Contentfy, Your On-Demand Content Team (Sponsor)01:02 - Intro + Announcement 02:57 - Jaryd’s Background, First Acquisitions & Leaving his Day Job08:18 - Vision Behind Launching Buying Online Businesses14:36 - The Different Types of Online Businesses & What Type is Jaryd Acquiring18:32 - Different Websites or Performance Factors VS Other Business Models23:28 - General Offer Structure on an Online Business27:25 - Where Should I Start Looking at To Buy my First Online Business29:00 - Kind of Skills You Need to Operate Online Businesses Effectively32:40 - Which model should I look to acquire first?36:22 - Starting vs Buying an online business39:34 - Red Flags on Websites During the Due Diligence Process44:50 - General Growth Playbook49:30 - Advice Jaryd Would Tell his 25 Year Old Self 51:46 - Jaryd’s Top Resources Instrumental to His Success 55:02 - What does Success mean To Jaryd Right Now56:26 - Get in Touch with ElizabethMentions:Buying Online BusinessesWebsitebroker.comMicroaquireBooks:Your Life, Your LegacyThe Obstacle is the WayThe Road Less StupidThe NavalmanakPeople:Naval RavikantGet In Touch With Jaryd:Jaryd Krause’s LinkedinEmail Jaryd: [email protected] us & follow:Facebook LinkedIn Instagram More about Akeel:Twitter LinkedIn Best...
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