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The Opportunity Podcast

The Opportunity Podcast

241 episodes — Page 3 of 5

Ep 132The Art of Building Profitable Content Sites in a Foreign Language with Taylor Kimball [Ep.132]

Did you know there are over 31 million active bloggers in the United States alone? With the growing popularity of monetizing content sites, the SEO market is becoming increasingly saturated, making it harder to achieve success. However, outside the borders of the intense competition in English language SEO, there lies a treasure trove of opportunities in foreign markets. Enter Taylor Kimball, an SEO expert who has taken full advantage of this untapped potential. Taylor operates sites in both Thai and Portuguese - two languages that he does not speak. In this episode, Taylor guides us through the process of operating foreign language sites. We dive into the differences in audience behavior, the accessibility of reliable affiliate and display advertising partners, and why Taylor thinks backlinks are less important in foreign language sites. Taylor shares the secret to successfully operating a site in a language you don't speak: assembling a stellar team to handle site operations and content production. According to Taylor, "In my experience, buying a foreign language site isn't so much about the site itself, but rather the team behind it. You'll need to find people who are fluent in that language and familiar with the culture. Foreign SEO is about partnerships with key people." With this team structure in place, Taylor can concentrate on creating growth strategies. Speaking of strategies, Taylor reveals that non-English SEO often lags behind the English-speaking market, presenting SEO professionals with access to competitive niches and the opportunity to implement techniques that might not be effective in the English-speaking realm. There's a whole world of SEO success just waiting to be tapped into! If you want to capitalize on this opportunity, then don't miss a minute of this episode. It is jam-packed with useful tips and tricks that you can use to replicate Taylor's success in foreign language SEO. Topics Discussed in This Episode: Taylor's background and how he ended up in foreign SEO (02:55) Why foreign SEO gives you access to often competitive niches (07:24) How Taylor finds operators for his foreign language sites (09:39) The differences in audience behavior on foreign language sites (13:59) Affiliate opportunities and conversions on foreign vs English languages sites (17:21) How Taylor uses AI to help him write his content (21:41) The importance of backlinks in foreign SEO and how Taylor constructs his backlink profile (25:219) Taylor's advice to anyone starting or buying their own foreign language site (31:21) How to analyze a foreign SEO site (35:49) The trends Taylor sees taking place in the foreign SEO market (42:50) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Create an Empire Flippers account Koala Writer Julian Goldie video Zimmwriter Will Tribe Foreign SEO article Sit back, grab a coffee, and learn how to successfully operate a foreign language content site!

Jun 6, 202355 min

Ep 131Playing the Long Game: Building a 30-Year Private Equity Fund with Brent Beshore [Ep.131]

Private equity is a fast-paced game. You buy a business and often only have two to five years' worth of investor capital to improve the business before you need to sell it for a profit. This doesn't give you a lot of time to make meaningful improvements and often results in changes that destabilize the business long term. That's why Brent Beshore decided to turn the concept of private equity on its head. Brent is the founder of Permanent Equity, a PE firm that invests in family-held businesses. The twist? Brent has no intention of selling the businesses. Forget two to five years, he works with a 30-year time horizon. He also uses no debt in his acquisitions and takes zero fees or reimbursements. Instead, he splits the cash flow that the business earns, putting his firm, the investors, and the family that owns the business on equal footing. This almost indefinite timeline, and the fact that he doesn't have a debt looming over his head, means Brent has the freedom to grow the businesses sustainably and with everyone's best interests at heart. In this episode, Brent joins us to share his unique take on private equity. He explains how he built his funds with longevity in mind, and why he steered away from the traditional private equity approach to debt. According to Brent, "Buying a business with debt means you have to sacrifice cash flow every month to repay that debt. That gives you less flexibility to reinvest back in the business. Less flexibility to grow. And when things get hard, which they will, it forces you to make decisions that are not in the long-term best interest of the company." Brent also explains why he has chosen to be industry agnostic, focusing instead on "adolescent businesses" that offer lots of opportunities to make improvements. Finally, Brent shares advice on how entrepreneurs can replicate his success, explaining, "There's a lot of opportunity in the private equity space. But it's gonna be a lot of hard work and a lot of stress. You need to prepare yourself for that and give yourself enough lead time to be choosy. If you're starting from a dead stop, you should give yourself three years of runway full-time to find the right business, buy it, and start to operate it." If you want to build a portfolio of business but are put off by the traditional private equity model, then Brent's unconventional approach may be just what you are looking for! Topics Discussed in This Episode: Brent shares how he accidentally stumbled into business ownership (02:45) The obstacles Brent faced when acquiring his initial business (09:28) How buying that first business inspired Brent to grow his portfolio (12:13) The story behind Brent's unique fund structure (15:22) The makeup of Brent's business portfolio (20:10) How Brent calculates the value of a business (31:01) Brent's due diligence process (33:51) Why Brent chooses to purchase businesses without debt (36:07) How Brent approaches growing a business after acquisition (39:59) How Brent structured his team to manage such a large portfolio of businesses (43:13) Brent's advice on how entrepreneurs can replicate his success (48:31) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Create an Empire Flippers account Permanent Equity The Messy Marketplace Brent's Twitter Sit back, grab a coffee, and learn how to reap the benefits of private equity without the traditional constraints!

May 30, 202354 min

Ep 130Maximizing Display Ad Revenues by Owning Your Ad Inventory with Kean Graham [Ep.130]

Display advertising is a powerful monetization, but many website owners miss out on extra profits and growth by treating display ads as a "set and forget" addition to their site.Recognizing this untapped potential, Kean Graham created MonetizeMore, a platform that increases ad revenues by using auction technology to find the advertisers willing to pay the most for your ad placement. They also offer a suite of tools that helps publishers analyze their revenue stats and detect and block invalid traffic. In this episode, Kean joins us to shed light on the state of the display advertising industry in 2023. We discuss the challenges publishers are currently facing, including how market changes have impacted RPMS, and how AI will affect organic traffic. Kean also dives into some of the pitfalls that many publishers are unaware of. He reveals the dangers of bot traffic attacks and explains how invalid traffic can be a silent killer for your site. Kean also explains how many black box companies gatekeep your ad inventory, and how owning that inventory is the key to unlocking exponential growth for your site. According to Kean, "Your ad inventory is a wealth of data that you can use to sell directly to advertisers, access premium RPMS, or create brand partnerships. So If you really want to grow your site to ambitious levels, it's vital to partner with companies that believe in transparency and ad inventory ownership." If you want to take control of your ad revenues and propel your site to new heights, then don't miss a minute of this episode! Topics Discussed in This Episode: Kean's background and info about MonetizeMore(02:33) How MonetizeMore uses AI tech to detect bots and invalid traffic (04:07) How competitors use bots traffic attacks and how to protect yourself (08:44) The challenges that publishers are currently facing (17:25) Strategies publishers can use to grow their revenue (22:33) The data points you can gain access to by owning your ad inventory (30:50) How large publishers diversify their traffic sources (33:29) Kean's take on the effect AI will have on Google Search (36:13) The stepping stones for growth in 2023 (41:05) How Kean keeps innovating after so long in the industry (46:00) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Create an Empire Flippers account MonetizeMore ChatGPT Kean's LinkedIn Sit back, grab a coffee, and learn how to accelerate your site's growth using your display advertising inventory.

May 23, 202351 min

Ep 129The Insider's Guide to Buying Businesses with No Money Down with Jonathan Jay [Ep.129]

Buying a business is a great way to skip the queue and jump straight into generating revenue. That said, purchasing a profitable business isn't cheap. But what if there was a way to buy a business by leveraging the business's assets and cash flow to fund the acquisition? This clever approach is how Jonathan Jay buys businesses with no money down. Jonathan is a serial business buyer and the founder of Dealmakers.co.uk where he teaches people to buy businesses without risking their own capital. In this episode, Jonathan joins us to explain his approach to no-money-down financing, diving into the types of businesses that are ideal for this strategy and how to structure the acquisition using the business' cash flow. He reveals the common mistakes buyers make and explains which characteristics first-time buyers should look for in a business. According to Jonathan, "I encourage everyone to make your first acquisition a multimillion revenue acquisition. Go for the bigger businesses because you'll make more money. They're easier to finance, they're easier to buy. They run themselves better. They don't need you because bigger businesses have management in place already." Jonathan also shares behind-the-scenes details of his pandemic buying spree, where he purchased 48 nursery school businesses in 37 months. He shares the challenges that he encountered along the way as well as the important lessons he learned, including: "Buying a business is not about the business that you will own, but the person that you become in the process. You become a far more confident person. You become a better business person. You become a better negotiator. You become a more creative thinker when you buy a business. So don't just think about the business, think about the person you'll become in the process." If you'd like to learn an alternative way of buying a profitable business that doesn't require millions of dollars, then look no further. This episode is packed full of useful no-money-down acquisition knowledge and tips from a seasoned business buyer! Topics Discussed in This Episode: Jonathan gives us a brief look into his entrepreneurial background (02:30) The mistakes Jonathan made buying 48 businesses during the pandemic (04:56) The characteristics Jonathan looks for in a business (07:13) The types of businesses that are ideal for no-money-down financing (09:55) Buying a business with a positive cash flow is key for no-money-down financing (12:48) How Jonathan structured his acquisitions using the business' cash flow (17:23) Why Jonathan uses direct mail to source his acquisitions (26:54) The common mistakes business buyers make (30:42) The types of businesses that are difficult to finance (34:03) The best piece of professional advice Jonathan has ever been given or heard (36:41) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Create an Empire Flippers account Jonathan's YouTube channel Jonathan's podcast Jonathan's workshop Sit back, grab a coffee, and learn how to buy a business without spending a large lump sum of money!

May 16, 202340 min

Ep 128Using Business Acquisitions to Build the Life You Want with Ace Chapman [Ep.128]

Success is not final. This is particularly true in business where failure is all too common. It's an entrepreneur's mindset and their ability to recognize failure as a necessary stepping stone to success that helps them overcome the challenges they may face. Ace Chapman experienced this first-hand. He bought his first business for $70K and successfully grew it to where he was receiving 7-figure purchase offers from interested buyers. Then the business collapsed as a result of the dot-com crash. He was ready to brand himself a failure when a mentor reminded him that simply owning a business isn't the endgame. Businesses are disposable assets that you can leverage to build wealth and your ideal lifestyle. This revelation ignited Ace's passion for buying businesses, and 20 years later he has been involved in more than 200 acquisitions. In this episode, Ace sheds light on his entrepreneurial journey and explains why your business should always be for sale. According to Ace, "There are two ways to approach a business. You can give your life to the business or the business can give you life. Instead of thinking of your business as your legacy, think of it as a tool. Your business should always be for sale because it's really just inventory. It's a means to an end that you can use to create the life you want." Ace goes on to explain how he pairs online and offline business acquisitions to leverage the unique strengths of each asset and how he tackles buying businesses in unfamiliar industries. We also discuss why Ace chose to create his own fund, how he uses that fund as a form of no-money-down financing, as well as the pros and cons of no-money-down deals. Finally, Ace hints at the hidden benefits of joint ventures, a topic we'll dive deeper into when Ace returns in a few weeks for a follow-up interview. If you want to learn how to grow your wealth through acquisitions, then don't miss out on a minute of this episode! Topics Discussed in This Episode: Ace Chapman shares his zero-to-hero entrepreneurial journey (02:07) Why your business should always be for sale (10:23) Online business vs offline businesses and how to leverage them against each other (12:43) How Ace approaches growing businesses in industries he is not familiar with (25:17) The pros and cons of no-money-down deals (29:06) How Ace uses funds as a form of no-money-down financing (34:40) Why joint ventures are a big untapped opportunity for entrepreneurs (44:25) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Create an Empire Flippers account Acechapman.com Ace Formula by Ace Chapman Sit back, grab a coffee, and learn the tricks of the trade from an expert business buyer!

May 9, 202348 min

Ep 127How Aged Domains Can Fast-Track Your Site's Success with Alex Drew [Ep.127]

Building a website off of an existing domain instead of starting from scratch gives you a valuable head start. By leveraging the domain's existing authority and backlinks you can generate traffic and rank your site in a fraction of the time. But how do you track down an existing domain that is topically relevant? And how do you separate the good domains from the bad? Alex Drew has provided aspiring website owners with the answers to these questions. Alex is the founder of Odys Global, a marketplace that offers a variety of thoroughly vetted, premium, aged domains. In this episode, Alex joins us to dissect the benefits of buying a domain, and the best practices to follow to ensure success. He breaks down the characteristics you should look for in a domain, the best ways to migrate and recreate content, and explains the dos and don't when it comes to 301 redirects. He also highlights the red flags you should steer clear of, including ensuring that the domain isn't trademarked and checking the backlink profile for spammy links. Building a site off of a quality aged domain isn't the only way you can make money from domains. If you have an eye for spotting future trends, you can also invest in domain names that you think will increase in demand. According to Alex, "Buying domains to resell later is a viable investment strategy. Domains that were worth $50-$100 15 years ago are now worth thousands of dollars. Good domain names go up in price over time. If you spot a great domain that you can see is undervalued, that's a huge opportunity for you to become a domain investor." Whether you're looking to use a domain as a solid foundation for your new site, or invest and hold it as an asset, this episode is jam-packed with tips and tricks from Alex that will help you track down the ideal domain for your needs. Topics Discussed in This Episode: What the Odys marketplace offers to domain buyers (02:45) The different types of domains buyers should be aware of (08:58) The best way to recreate content for an aged domain (10:55) The proper use of 301 redirects and how to use 301s in your growth strategy (14:14) How to migrate content over to a new domain (21:21) The characteristics buyers should look for in a good domain (23:12) The ROI you can make on buying a premium aged domain (32:46) The common mistakes people make after buying an aged domain (36:27) A look into the Odys tailored domain search service (40:36) Alex walks us through what the Odys domain sales process looks like (44:30) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Create an Empire Flippers account Odys Global Alex Drew's LinkedIn Ahrefs GoDaddy Auctions Dan.com Archive.org Sit back, grab a coffee, and learn how to fast-track your SEO success by buying an existing domain!

May 2, 202354 min

Ep 126From Buyer to Boss: How to Succeed in Small Business Ownership with David C. Barnett [Ep.126]

There's no denying the benefits of being a business owner. It allows you to be your own boss, and have greater control over your time. And, you have the potential to make life-changing amounts of money. But there are also risks involved, and buying the wrong business can be a costly mistake. You need to find a business that fits your unique skills and needs, which can be challenging. That's where David C. Barnett comes in. David is a former business broker who now works with buyers and sellers of small businesses, helping them navigate the sales process and ensuring they walk away with a good deal. In this episode, David walks us through the intricacies of identifying the right business to buy. He explains why buyers should narrow down their search criteria instead of being industry agnostic, and reveals how to make the best return on your investment. According to David, "Find a business that makes money and has problems that you know how to address. That's the best opportunity because it's already profitable, so you've got this unending runway. Then you can start to fix those problems and create something of greater value. That's when you end up with a good deal." David sheds light on the realities of being a business owner, including why many businesses require a long period of hands-on work before they can become passive. Finally, David reveals the truth behind "no-money-down" financing, explaining how in many cases, this means leveraging your assets and owing massive debts to alternative lenders. These debts take years to pay off and counteract the perceived freedom that buying an online business gives you. If you're thinking of buying an online business, then you can't afford to miss out on the expert knowledge David shares in this episode! Topics Discussed in This Episode: David introduces himself and his history as a business broker (02:13) Things that often take buyers by surprise and how buyers can protect themselves (20:05) The realities of running an online business that people often underestimate (27:31) Why there's no such thing as a "hands-of" online business (36:39) How to buy a local business and successfully run it remotely (39:20) The business models that lend themselves to being run remotely (44:39) The truth behind "no-money-down" financing (45:25) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Create an Empire Flippers account David's YouTube Channel David's website Sit back, grab a coffee, and learn how to identify the right business to buy to help you level up!

Apr 25, 202358 min

Ep 53Revisited - Niche Site Experiments: Lessons Learned from Building My Portfolio with Shawna Newman [EP. 53]

Starting your first niche site is one thing – buying, growing, and flipping an empire of sites is another. So how do you scale and sell a portfolio of niche sites? Shawna Newman is an SEO expert with nearly 20 years of experience acquiring and scaling niche sites. She is one of the most seasoned SEO professionals in the industry, known for her unique testing methods and extensive year-long case studies. She is also the founder of Skipblast, where she shares her key findings from her SEO and business research. Shawna joined us on this episode to discuss her methods for building a niche site portfolio, what to look out for when buying and selling sites, how to scale newly acquired sites, and much, much more. Topics Discussed in this episode: How to build an SEO site portfolio from scratch How long it takes to make $1,000/month from a niche site How to buy and sell sites as part of an SEO portfolio How to diversify your revenue streams, grow your sites, and run an email list When to monetize your site How Shawna developed a successful system to acquire aged and expired domains Shawna's monthly growth and selling plan How to bounce back from an algorithm update The misconceptions about monetizing and "dripping out" your content The future of building niche sites Mentions: Empire Flippers Podcast Empire Flippers Marketplace Skipblast Copyhackers Authority Hacker Google Trends Influence: The Psychology of Persuasion by Robert B. Cialdini Cashvertising by Drew Eric Whitman Sit back, grab a coffee, and learn the secrets to building a portfolio of high-performing niche sites.

Apr 18, 202343 min

Ep 100Revisited - 7 Entrepreneurial Lessons Learned From 100 Episodes of the Opportunity Podcast [Ep.100]

We've got some exciting podcast guests in store as we kick off Q2 of 2023. But in the meantime, let's revisit the many nuggets of wisdom Greg shared in our 100th-episode special. The 100th episode of The Opportunity podcast is finally here! To celebrate this milestone, we're mixing things up. This extra special episode revisits a few of our most memorable interviews to review the top 7 lessons learned from the last 100 shows. You'll hear many familiar voices as some of our favorite entrepreneurs and industry experts share their top tips for building, running, and scaling successful online businesses. Greg acts as our guide, walking us through each lesson and sharing his own unique insights and pearls of wisdom. One of Greg's top takeaways includes, "If you want to build wealth, don't focus on making money today. Focus on making an experience that will create fans of yours for years to come. Because if you make enough of those fans you're going to create a snowball effect that'll carry you far into the future." Join in the celebration by letting us know which episode or guest has been your favorite so far! Be sure to share this episode with your friends and family so that they can join us for the next 100 episodes where we'll continue to uncover all of the hidden growth opportunities in the online business industry. Topics Discussed in This Episode: Lesson 1: Creating a Machine of Leverage by Knowing the Value of Your Time (02:07) Lesson 2: Learning to Love Risk to Create Wealth (10:30) Lesson 3: Spending 9 Hours Sharpening the Axe, and One Hour Cutting Down the Tree (17:07) Lesson 4: Creating Value While Respecting Your Audience's Time (26:33) Lesson 5: Communication and Thinking in Four Degrees of Impact (31:43) Lesson 6: Why the Best Marketing Isn't a Tactic, It's an Experience (39:45) Lesson 7: Persistence Through Adversarial Wins (44:23) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Jobs to be Done Framework Featured Guests: Kevin Espiritu (Ep #87) Matt Diggity (Ep #23) Sushee Nzeutem (Ep #59) John Hefter (Ep #19) Emma Shermer Tamir (Ep #49) Doron Wolffberg (Ep #41) Perrin Carrell (Ep #79) Alexis Grant (Ep #84) Chelsea Cohen (Ep #42) Fabricio Miranda (Ep #91) Chelsea Jones and Rachel Saul (Ep #74) Nicole Baqcai (Ep #55) Ben Donovan (Ep #71) Bill Szabrak (Ep #6) Sit back, grab a coffee, and take a trip down memory lane as we discuss the valuable lessons learned from the past 100 episodes.

Apr 11, 202351 min

Ep 125Cracking the Content Code: How to Create Quality Content at Scale with Nick Jordan [Ep.125]

It's easy to get lost in the complexities and nuances of SEO. But what if, instead of spreading yourself thin by focusing on backlinks, page speed, and endless technicalities, you focused solely on content? To many, this may sound like a recipe for disaster. But Nick Jordan, the founder of Content Distribution, has proven that a content-first approach can achieve successful, repeatable results. According to Nick, "If you want more results, the number one thing you need to do is just publish more content. Publish better content than your competition and focus a hundred percent of your attention on that." To prove his point, Nick built a framework that allowed him to take several projects from zero to a hundred thousand organics a month without building backlinks or doing any technical tweaking. Now, Nick and his team produce hundreds of pieces of content every month without sacrificing quality. In this episode, Nick discusses why he believes content is king, and walks us through the carefully thought-out systems he has put in place to allow him to produce such large volumes of content. Nick explains, "You need two things to scale high-quality content velocity. First, you need people who care. The only way you can publish hundreds of articles every month that are really good and consistently better than the competition is if the folks who are writing and editing the content are passionate about what they do. The next thing you need is documentation to hold people accountable. If you want something done consistently the same way every single time, you need documentation that enables your team to execute at a level just as high as you or even higher." Nick's all-in approach to content also inspired additional business ventures. He introduces us to Cluster AI, the keyword grouping tool that he built to make creating topic clusters a breeze, as well as Workello, a platform that helps entrepreneurs source quality writers in minutes. We end off the episode with some useful tips on how to find the best writers, and Nick weighs in on the impact he thinks AI might have on the SEO industry. If you're struggling to produce enough content to get your site off the ground, or simply want to learn how to take your content game to the next level, then this is an episode you don't want to miss out on! Topics Discussed in This Episode: Nick's 30-second elevator pitch and how he got started in the SEO industry (02:14) Why Nick prioritizes content over backlinks (06:06) Nick's content-first framework (09:33) How Nick automated his keyword research process (16:11) How Nick's keyword grouping AI tool informs page optimization (23:21) How Nick's content production team is structured to mass produce content (25:08) Bootstrapping mass content production using Nick's strategy (32:56) The metrics Nick measures to determine if a campaign will be successful (40:23) The inspiration behind Workello (46:16) Nick's tips for hiring quality writers (52:11) The impact Nick thinks AI will have on the SEO industry (1:01:03) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Create an Empire Flippers account Content Distribution Cluster Ai Workello Content Distribution Youtube channel Ahrefs Slite Airtable Originality.ai Sit back, grab a coffee, and learn how to produce large volumes of content without sacrificing quality!

Apr 4, 20231h 9m

Ep 124Did AI Just Kill Affiliate Marketing? With Greg Elfrink [The Opportunity Ep.124]

Since the release of OpenAI's ChatGPT, AI has been the talk of the town among affiliate marketers. Some hail it as a hero that will usher in a new age of efficiency and money-making opportunities. Others see AI as their downfall and are ready to grab their torches and pitchforks to defend their livelihood. So, is AI the beginning of the end for affiliate marketing? That is the question that Greg seeks to answer in this week's episode. Greg assesses the most common fears content site owners have when it comes to AI. These fears include Google punishing AI content, and AI-powered search killing organic SEO. Greg counters these arguments by breaking down the many uses of AI in affiliate marketing and explains that Google can't afford the financial costs of deploying AI-powered search or the resulting loss of paid advertising revenue. Even if AI were to reinvent SEO, Greg doesn't believe it will happen any time soon. He explains, "SEO as we know it will change… after a while. The overnight destruction of content websites as we know it won't happen in the span of weeks. At lightning speed, we might see a significant shift in 2 years, more than likely we're over 5 years away from a significant change." Lastly, Greg takes a closer look at Bing's role in the AI revolution and explains how Bing could use AI as a weapon against their oldest foe Google.So, what do you think? Will AI be a bridge to greener pastures for affiliate marketers, or is this the end of the line for SEO? Topics Discussed in This Episode: Will AI be the death of search engines? (01:50) How to use AI to boost your online business (03:40) Why SEOs are nervous about the impact of AI (17:07) Why Google search and Bing won't be replaced by AI (22:16) How Bing could use AI to bring down Google (29:05) Why AI shouldn't put you off buying a website (33:54) How to hedge your bets against search engines by owning your data (38:00) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Create an Empire Flippers account Greg's Did AI Just Kill Affiliate Marketing? article ZimmWriter semianalysis.com Sit back, grab a coffee, and learn more about the role AI will play in the future of affiliate marketing.

Mar 28, 202345 min

Ep 92Revisited - No-Code, No Problem: The Field Guide to No-Code Applications With Lola Ojabowale [Ep. 92]

For many years, an inability to code has held aspiring SaaS founders back from success. Now, no-code and low-code tools are lowering the barriers to entry for entrepreneurs looking to enter the software and tech industries. But what exactly are no-code and low-code solutions? In this episode, Lola Ojabowale gives us a thorough overview of this exciting technology. Lola is the founder of Lunch Pail Labs, a full-service digital product studio that helps clients research, build, and maintain platforms and apps using no or low-code solutions. Lola provides a definition of what no-code and low-code actually refer to, and outlines the skills and experience entrepreneurs will need in order to use no-code tools. We discuss the various projects no-code can be used for and the limitations and downsides of choosing no-code over traditional coding solutions. Lola also explains why she is so passionate about economic equity, and how no-code applications help to further the pursuit of this goal. According to Lola, "What's so interesting about no-code and low-code is this "permissionlessness" that it enables. Even as a non-technical founder, you don't have to have anybody's say-so or permission. And that enables more folks to empower themselves and build solutions that are authentic to themselves." If you want to dive deeper into the world of no-code, listen carefully to this conversation as Lola shares a long list of tools, educational platforms, and communities that you can use to further your no-code journey. Topics Discussed in This Episode: Lola shares insights into how she became involved with no-code platforms (03:58) An explanation of what no-code and low-code really mean (06:42) The type of projects that no code solutions could be used for (08:06) The skills and requirements needed to build no-code platforms (12:26) How LunchPail Labs assists businesses in creating no-code solutions (14:41) The downsides and limitations of no-code (18:31) Changes within the no-code space that are exciting Lola right now (23:34) The best no-code communities for beginners (26:26) The catalyst that inspired Lola to start her own business (28:10) The unique way that Lola approaches risk (33:20) Lola explains why she is so passionate about economic equity (37:43) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Lunch Pail Labs Shoutout Atlanta interview Webflow Zapier Airtable No Code Founders 100 Days of No Code No Code Family No-Code Cheat Sheet Bubble GitHub CoPilot Makerpad On Deck No-Code Sit back, grab a coffee, and discover the many benefits of no-code and low-code solutions!

Mar 21, 202346 min

Ep 52Revisited - How to Build a High-Performing Affiliate Business from Scratch with Doug Cunnington [EP. 52]

In today's tough economic climate, building a passive income has become more important than ever. With that in mind, we thought we'd revisit a popular previous episode that focuses on just that. Enjoy! Affiliate sites are a fantastic way to boost your passive income, but how do you start and scale an affiliate site from nothing? Doug Cunnington is an expert affiliate marketer and the founder of Niche Site Project, where he empowers people with systems and templates to create and scale their own affiliate sites. He is also the host of The Doug Show and a self-titled YouTube channel where he talks about his affiliate marketing journey so far. In this episode, Doug shares a behind-the-scenes look into what works and what doesn't in affiliate marketing. He talks candidly about the Amazon affiliate program, when and how to scale an affiliate marketing business, and his top tips for driving traffic to your site. Topics Discussed in this episode: Diversifying an affiliate marketing portfolio The love/hate relationship with Amazon Affiliates Why scaling too early could be problematic How to implement the Keyword Golden Ratio How a gap analysis can help you get unstuck The benefits of outsourcing to build a team How to retain and scale freelancer roles within your business Doug's top three productivity hacks What it takes to stay ahead in affiliate marketing Mentions: Empire Flippers Podcast Empire Flippers Marketplace Doug's Podcast Niche Site Project Niche Site Project Templates Trello Tropical MBA podcast Allintitle.co Mile High FI Podcast Sit back, grab a coffee, and learn the secrets to building a robust affiliate business of your own!

Mar 14, 202353 min

Ep 87Revisited - The Seeds of Success: Building a Multi-Million Dollar Gardening Website with Kevin Espiritu [Ep. 87]

While Greg works his magic at yet another conference, sourcing new and exciting guests for the podcast, we'll revisit an episode with one of our favorite guests, Kevin Espiritu. Enjoy! How do you turn a humble content site into a multi-platform, globally recognized brand? For Kevin Espiritu, the answer lay in producing human-focused, genuinely useful content instead of churning out articles for profit. Kevin is the founder of Epic Gardening, a gardening brand with a relatively simple mission: to teach 10,000,000 people around the world how to grow plants and food. What started as just a website, is now a multi-faceted content and eCommerce brand with millions of followers on social media. In this episode, Kevin walks us through the things he wished he had known when he first started building his business, including outsourcing labor to free up valuable time. According to Kevin, "When it comes to growing your business, knowing where your time is most valuable as the founder is the most important thing. If you have the resources, what you should be doing is either automating, delegating, hiring, or deleting things that are not as valuable as your leveraged time." We dive into the ins and outs of Kevin's content creation strategy, discussing the techniques and approaches that helped him attract over 10 million readers to his website last year and over 3 million followers on his various social media channels. Kevin also shares some insights into the future of Epic Gardening, including how he plans to use the $17.5 million in growth capital he recently raised. Kevin's success story is a wonderful example of the merits of a human-focused, instead of profit-driven, business strategy. Listen in to learn how to grow your brand across multiple sales and social media platforms while maintaining a cohesive brand identity. Topics Discussed in This Episode: Kevin shares how his entrepreneurial journey started and where he is today (02:22) The origins and inspiration behind Epic Gardening (06:25) The secret sauce behind Epic Gardening's enduring success (08:45) How Kevin approaches creating content across various channels and platforms (16:25) The biggest setbacks and challenges Kevin faced while building Epic Gardening (22:46) How Kevin identified the right time to expand into eCommerce (27:41) Why and how Kevin raised $17.5 million in growth capital (34:53) How Kevin plans to use this growth capital to scale Epic Gardening (38:07) Why websites make such a good investment vehicle (41:09) What Kevin would do differently if he had to start Epic Gardening all over again (43:06) Kevin's dreams for the future of Epic Gardening (49:26) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Create your own Empire Flippers account Epic Gardening Epic Homesteading Authority Hacker Backlinko Sit back, grab a coffee, and learn how to successfully scale your business while remaining true to your brand identity.

Mar 7, 202355 min

Ep 123Marketing in the Age of AI: How to Stay Competitive with Mike Kaput [Ep.123]

AI is poised to revolutionize the marketing and online business industries. It can increase your revenue, decrease your costs, and according to Mike Kaput, it could 100x your output in the next few years. Despite these benefits, many marketers and entrepreneurs are still hesitant to embrace AI. In this episode, Mike, the Director of Marketing at the AI Marketing Insitute, joins us to discuss the misconceptions, untapped potential, and use cases of AI in online business. He breaks down the various ways business owners can use AI to optimize their business, including how AI can help take solopreneurs to previously unachievable heights. We dig into how rapidly the AI industry is evolving and the steps entrepreneurs and marketers can take to ensure they don't get left in the dust. According to Mike, "No matter who you are, or what you do, you're going to have to start experimenting with AI. Otherwise, you're going to see some pretty serious existential risks in your career, and in your business. The first thing to do is figure out how to make your content different than what a machine can output. Then, take that unique perspective and scale it using AI tools." Mike also provides actionable advice on how to write killer AI prompts and how to use AI to improve your email open rates. We also address the common concerns surrounding AI, including the legal and ethical concerns surrounding the technology, and the various jobs that AI is likely to replace. Though there are some uncertain times ahead as we navigate an AI-influenced world, Mike maintains that the pros outweigh the cons when it comes to integrating AI into your online business. This episode is full of useful tips, advice, and insider knowledge to make sure you don't get left behind during the coming AI revolution! Topics Discussed in This Episode: Mike introduces himself and shares what the AI Marketing Institute does (02:21) How AI can reduce costs and increase revenue for online businesses (05:24) The Genius in the Room method for writing a great AI prompt (08:30) How to use AI to improve your email open rates (11:49) How to really take advantage of AI as a solopreneur (14:31) What marketers can do to become irreplaceable in the face of AI (20:30) Why Mike believes search engines will become extinct (28:32) How entrepreneurs can stay up to date with rapidly evolving AI (37:12) The ethical concerns involved with using AI (42:23) Mike puts to rest some common myths and misconceptions about AI (47:40) Interesting findings from the AI Marketing Institute state of the industry report (52:57) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors AI Marketing Institute Mike's LinkedIn Marketing Artificial Intelligence book State of the Industry report Hubspot Seventh Sense Emad Mostaque's Twitter Allie K. Miller's Twitter Robert Scoble's Twitter Sit back, grab a coffee, and learn how to leverage AI to reduce costs and increase your ROI!

Feb 28, 20231h 4m

Ep 122Increasing Your FBA Profit Margins by 10-30% Using Dynamic Pricing with Chad Rubin [Ep.122]

Amazon sellers need to be flexible to adapt to market fluctuations, changes in consumer behavior, and supply chain disruptions. But one area where they tend to remain rigid is in their pricing. Chad Rubin believes this is a fatal flaw for FBA business. This flaw inspired him to create Profasee, a dynamic repricing tool that helps sellers maximize profits without sacrificing their product ranking on Amazon. In this episode, Chad joins us to discuss the origins of Profasee and walks us through his experiences as the founder of Skubana and co-founder of the Prosper Show. He shares why he chose to exit those businesses, and the challenges of being a multi-disciplined entrepreneur running eCommerce, agency, Saas, and event businesses. Chad explains how Profasee was born out of his need to revive his flagging eCommerce business, and how pricing is an often overlooked growth opportunity by Amazon sellers. According to Chad, "Your price should never be static. Especially in a fast marketplace like Amazon. Your competitors are changing prices. Your inventory, stock positions, your positioning on Amazon, your BSR, your ad spend - everything is changing. So your price should always change too. It's the quickest lever to pull that nobody's pulling on Amazon." Chad also debunks some common misconceptions about Ai in SaaS and shares how he integrated Ai into Profasee to forecast optimal pricing. We dig into the signals and data that his Ai uses to calculate dynamic pricing, and how his data science team co-pilots the Ai. Plus, Chad shares his predictions on upcoming trends that will shape the Amazon FBA industry in the coming years, including how embracing Ai is the key to ensuring the longevity of your brand. This episode is overflowing with information on how to maximize your profits, stay ahead of the competition and secure the long-term success of your online business. Don't miss out! Topics Discussed in This Episode: A brief look into Chad's background and entrepreneurial journey (02:11) How Chad manages multiple brands simultaneously (04:50) How an Integrator can help businesses grow (07:41) The mistakes and obstacles Chad faced when building Skubana (10:12) Chad sheds some light on his exit from Skubana (13:40) How Chad became involved in the creation of Prosper show (23:51) A breakdown of Profasee and how it uses Ai to calculate optimal pricing (30:27) The most common mistakes FBA sellers make when it comes to pricing (42:51) The trends Chad foresees in the Amazon FBA industry moving forward (50:29) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Create your own Empire Flippers account Profasee Prosper Show Chat GBT Sit back, grab a coffee, and learn how to gain the upper hand on Amazon by using dynamic pricing!

Feb 21, 20231h 1m

Ep 121Ascending the Affiliate Ladder: From Marketer to Network Founder With Jason Akatiff

The beauty of being an affiliate marketer is that you don't have to deal with the hassle of product development, manufacturing, or customer support. You use your marketing and copywriting skills to promote other businesses and make a healthy profit while you're at it. This is what drew Jason Akatiff to affiliate marketing, but he didn't stop there. He went on to create ambitious partnerships with other businesses, pooling his ideas and capital with their resources to execute some pretty impressive projects. As these projects started stacking up, Jason decided to consolidate his ideas into one business. And that's how A4D, his very own affiliate network, was born. Thanks to Jason's reputation in forums and the affiliate community, A4D quickly gained traction and is now one of the biggest affiliate networks out there. In this episode, Jason joins us to share his unique insights into the affiliate industry, and to discuss the challenges and successes he's experienced while scaling A4D. He reveals how customers who weren't paying almost bankrupted the business, and how pivoting away from the supplements niche into lead generation, mortgage, and insurance helped to save A4D. Jason paints a picture of an ideal affiliate partner and outlines the characteristics affiliates need to make a name a name for themselves in the industry. He also discusses his passion for AI and how affiliates can use it to boost their businesses. According to Jason, "I think AI is going to create a massive wave of opportunity in the affiliate marketing world. Most affiliates just want to focus on being marketers and building an audience and a readership that they can monetize. They don't want to have employees. AI can help them write their content, create graphics, or do video editing without having to use third parties or VAs." If you're looking to join the affiliate industry or go one step further and start an affiliate network of your own, then don't miss out on Jason's expert advice and inside knowledge! Topics Discussed in This Episode: Jason reveals the origins of A4D as well as other projects he has worked on (02:13) How Jason scaled A4D and the challenges he faced along the way (09:52) How AI will impact affiliate marketing and how to use it to grow your skills quickly (21:17) How Jason vets affiliates who want to join A4D (28:50) Using affiliate commissions to monetize your email list with the help of AI (32:20) The characteristics affiliates need to be successful (37:06) The foundations you should have in place before becoming an affiliate (42:51) How to structure the commission for your affiliate program (46:37) The best way for brands to capitalize on top-of-funnel affiliate conversions (50:17) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors A4D Jason's blog Jason's Twitter Built with AI group Midjourney Canva Chat GBT Pictory Descript Stack That Money forum Facebook Ad Buyers group Click Bank Sit back, grab a coffee, and learn what it takes to become a key player in the affiliate world!

Feb 14, 202359 min

Ep 120Delegate to Dominate: A Brand Aggregator's Guide to eCommerce Growth with Ronnie Teja [Ep.120]

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When it comes to eCommerce success, profitability is only one piece of the puzzle. The other, often overlooked piece, is having the time to enjoy the fruits of your labor and focus on the parts of the business that bring you the most joy and satisfaction. But how can one achieve this balance in the fast-paced world of eCommerce? For Ronnie Teja, the answer lies in the power of delegation. Ronnie is a brand aggregator and the founder of Branzio watches, a business he grew to over 7 figures, all while acquiring and scaling his portfolio to include 15 different eCommerce brands. In this episode, Ronnie opens up about the highs and lows of his entrepreneurial journey. We discuss the challenges he faced, including a lack of startup capital, getting banned by Google and Facebook, and having to fire dishonest employees. He also reveals how mental discipline and perseverance are qualities that have helped him succeed where others have failed. We then discuss how bootstrap entrepreneurs often struggle to justify the costs of outsourcing tasks, preferring to do all of the work themselves and retain 100% control over all aspects of their business. Having fallen prey to this mindset himself, Ronnie reveals the massive improvements he saw in his business and his lifestyle when he learned to trust in the skills of specialists. According to Ronnie, "Delegating is extremely important. It was only when I started giving away control and hiring people who are actually specialists in their field that I became successful. To give away your power and ask the right questions is the most important thing I've done in the past few years." If you want to know what it's really like to run a large eCommerce portfolio, then this no hold barred interview with an industry titan is exactly what you're looking for! Topics Discussed in This Episode: How a magazine article inspired Ronnie's 7-figure watch brand (02:36) The challenges Ronnie faced with his Branzio (08:30) The secret sauce that helped Ronnie succeed and expand his business (13:22) What inspired Ronnie to branch out and start expanding his portfolio (17:18) Greg's take on the current market (23:00) How Ronnie manages his time across his portfolio (30:26) A typical week in Ronnie's life (37:07) Why Ronnie outsourced hiring to ensure the right people are hired for the job (40:39) The tools Ronnie uses to manage his teams (44:48) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Branzio Watches Ronnie's LinkedIn Ronnies Twitter Nik Sharma's E-commerce in DTC newsletter Chase Diamond's Email Marketing newsletter Sit back, grab a coffee, and learn why delegation is the key to unlocking a new level of online business success!

Feb 7, 202350 min

Ep 119Accelerating SaaS Success: The Power of Sales Velocity & Trust with Artem Gassan [Ep.119]

Every investor dreams of spotting the next unicorn business. But it takes a seasoned pro with a wealth of industry knowledge to identify the unique characteristics that make or break an early-stage SaaS business. Artem Gassan is one of these experts, having scaled and invested in over 50 SaaS companies, including a unicorn business now worth over $2 billion. He not only knows how to identify SaaS businesses with huge potential, but he also knows how to take early-stage SaaS companies from zero to hero. In this episode, we soak up Artem's expert advice as he joins us to discuss the building blocks of a successful SaaS business. We dissect why almost 70% of early-stage SaaS companies don't reach their second round of funding as well as where businesses go wrong when trying to engage with customers on LinkedIn. Artem explains why trust is a vital part of attracting and retaining customers, and he breaks down the core operational differences between B2B and B2C SaaS businesses. We also dive into the importance of calculating and tracking your sales velocity and Artem outlines a step-by-step guide to creating a powerful go-to-market strategy. According to Artem, "There are four key elements to a great go-to-market strategy. First, build trust through thought leadership content. Second, create product-led growth elements. These are things like calculators or diagnostic tools that give consumers value and a sneak peek into the product without purchasing the product. Third, optimize your pricing and make it clear, and transparent. Finally, simplify your onboarding process and measure everything that you do." Whether you're an investor looking for the next big thing, or a SaaS founder trying to accelerate your growth, you are sure to find bucketloads of helpful tips and tricks in this episode! Topics Discussed in This Episode: A rundown of Artem's background and entrepreneurial journey so far (03:00) Why the SaaS industry resonates with Artem (05:05) The unicorn business that Artem became an early investor in (08:53) Sales velocity is the most critical metric to the health of a SaaS startup (12:11) The differences between B2B and B2C SaaS (20:25) How B2B SaaS business should build trust with enterprise customers (24:45) Common mistakes people make when engaging with customers on LinkedIn (32:25) The building blocks of an effective go-to-market strategy (36:54) When to use gated content vs ungated content (47:33) Why 70% of early-stage SaaS companies never reach round 2 of funding (52:56) Emerging trends in the SaaS industry (1:0020) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Lead Impact Artem's LinkedIn Ten Types of Innovation: The Discipline of Building Breakthroughs - book by Larry Keeley The Startup Owner's Manual: The Step-By-Step Guide for Building a Great Company - book by Steve Blank You Can't Teach a Kid to Ride a Bike at a Seminar : The Sandler Sales Institute's 7-Step System for Successful Selling - By David Sandler Sit back, grab a coffee, and learn about the key metrics that make up a successful SaaS business.

Jan 31, 20231h 12m

Ep 118Lessons from Running and Growing Multi-million Dollar Online Businesses with Joel Stevenson [Ep.118]

Running a big online business can be like captaining a large ship. As the business grows, it can become less nimble and harder to adapt to new trends and changes in the industry. But, with the right kind of foresight and knowledge of the online business landscape, you can steer your business to even greater heights. This is where Joel Stevenson thrives. With his experience as Vice President of Wayfair and now as CEO of Yesware, an email outreach software, he's helped take multiple industry giants to new heights of success. In this episode, Joel gives us a behind-the-scenes glimpse at his approach to growing businesses and explains some of the unique challenges that large businesses face as they scale. We discuss the differences between growing eCommerce vs SaaS businesses, and how to navigate the competitiveness of mature markets. Joel also shares details of Vendasta's recent acquisition of Yesware, explaining how the acquisition came about, and how he worked to make Yesware an attractive asset for interested buyers. According to Joel, "I really tried to rebuild the company in such a way that it would be acquisition friendly. We tried to have a minimal overhead cost structure. We tried to be very efficient. We paid down a ton of tech debt. My goal was for somebody to see our product, and see that the business itself is in good shape, and know that it would be easy to take it over and really accelerate it." We also dive into why Yesware opted for a stock sale over an asset sale and discuss the appropriate use cases for each option. If you want to peek behind the curtain to learn more about the operational intricacies of large online businesses, then look no further! Topics Discussed in This Episode: How Joel achieved incredible business growth at Wayfair (03:02) Joel's approach to growing businesses and solving problems (05:49) The differences between growing eCom vs SaaS businesses (13:51) The roles that SEO and SEM played in the growth of Wayfair and Yesware (17:12) How Joel navigates mature markets (22:40) The story of Yesware's growth and an explanation of the product (29:15) Vendasta's acquisition of Yesware (34:46) The differences between a stock sale and an asset sale (44:44) The common mistakes people make when sending out cold emails (48:10) The best piece of professional advice Joel has ever been given or heard (53:37) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Yesware The Hard Sell podcast The Goal by Eliyahu Goldratt Winning by Design Sit back, grab a coffee, and discover what it takes to operate and grow a large online business!

Jan 24, 20231h 0m

Ep 117Expired Domains: How to Leverage Established Authority and Backlinks with Sean Markey [Ep.117]

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Buying an existing business allows you to skip the building phase and jump straight into generating profit. Similarly, using expired domains can be a cost-effective alternative to starting from scratch. This is a tactic that Sean Markey often uses, leveraging expired domains to fast-track the authority of his sites. Sean is an SEO who specializes in acquiring, building out, and 301'ing expired domains. Using this approach, he has sold over $775k in sites in the last few years. In this episode, Sean joins us to shed light on the various benefits of using expired domains. We discuss the qualities of a great expired domain, and the red flags you should steer clear of. According to Sean, "For me the most important characteristics are, is the expired domain indexed? Then, if it's indexed, is it ranking? A lot of really powerful expired domains with strong backlink profiles will continue ranking. That makes the pool of possible acquisitions smaller because a lot of sites don't hold their rankings through that expiration process. Then, check what the site is ranking for and ask yourself if it's niche-relevant to what you're doing." Sean dives into the various ways you can use expired domains, and how long it will take to start seeing results. He also reveals the best places to purchase expired domains and walks us through some strategies you can use to win domain auctions. If you are looking for new and effective ways to boost your backlink profile and domain authority, then look no further than this informative episode! Topics Discussed in This Episode: Sean walks us through his background and his entrepreneurial journey (03:24) What initially drew Sean to expired domains (07:01) The characteristics of a good expired domain (09:57) At what stage in its lifecycle should you purchase an expired domain? (14:20) What Sean looked for when buying a site from Empire Flippers (16:19) Why Sean uses 301 redirects as his main link-building method (20:51) The best places to buy an expired domain (23:26) What to do with an expired domain once you've bought it (26:56) The timeline of taking an expired domain from zero to hero (34:13) Strategies to win domain auctions (38:08) The backstory of Sean's Rank Theory newsletter (40:30) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Rank Theory newsletter Ahrefs Wayback Machine Spamzilla.io Dom Cop ExpiredDomains.net How To Start a Bog Sit back, grab a coffee, and learn how to use expired domains to accelerate your domain authority.

Jan 17, 202351 min

Ep 76Revisited - How to Use AI to Increase Your Amazon FBA Sales With Rael Cline [Ep. 76]

We're getting back into the swing of things after the holidays, so no new episode this week. But rest assured, we'll be back next week with a new episode overflowing with interesting online business insights! Given the recent buzz around AI, we thought this was a great time to revisit one of our previous interviews with a founder who built his business using AI. Wouldn't it be great to get a sneak peek into the future to gain insights into who your most loyal customers will be, which products they'll buy, and how much profit you'll make as a result? Metrics like customer lifetime value (LTV) and customer acquisition costs (CAC) can help you to predict these outcomes, if you can find a way to access this precious data, that is. Amazon is notorious for safeguarding customer data, but Rael Cline has found a way to access and interpret this information on behalf of Amazon sellers. Rael is the co-founder and CEO of Nozzle, a tech platform that helps FBA sellers unlock deep insights about their brand performance. In this episode, Rael discusses the difficulties that Amazon sellers face in trying to build a brand identity without fully understanding their audience. We walk through why an AI-based platform is the ideal solution to gather and interpret Amazon data, and how FBA sellers can use this information to get ahead of their competition. He also reveals how to use these metrics to grow your business. According to Rael, "There are three levers you can use to help increase your customer lifetime value. Getting customers to buy again is the biggest thing. Increasing the average order value is another way of increasing your LTV, and another way of doing it is getting them to buy more frequently." Rael also shares insights into the data that Amazon aggregators find most valuable, and how they use that information to inform their buying decisions. Whether you're looking to enhance your customer experience, optimize your product offering, or simply learn more about the nuances of AI, this episode has it all! Topics Discussed in this episode: How Rael made his way into the world of online business (02:23) The challenges Amazon sellers face when trying to access their customer data (09:24) How Rael created Nozzle to help FBA sellers overcome these challenges (12:05) The various ways Amazon sellers can optimize their LTV and CAC (16:00) The Amazon data sets that FBA sellers are most surprised by (21:54) How Rael harnessed AI to create a unique solution for gathering and interpreting Amazon data (25:14) The Amazon data sets that aggregators hone in on when eyeing a new acquisition (34:04) Rael's predictions on the upcoming Amazon trends in 2022 (38:31) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Nozzle Tableau Looker Sit back, grab a coffee, and learn how to leverage your customer data to maximize your business.

Jan 10, 202349 min

Ep 116Judge, Jury, and eCommerce: The Laws That Govern Online Business with Paul Rafelson [Ep.116]

Many online business owners assume that because they work online they are exempt from the laws and regulations of different states and countries. Unfortunately, this assumption is not true and can result in unsuspecting sellers finding themselves in hot water with the law. In many cases, the law hasn't caught up to the advancements made in online business which often leads to eCommerce sellers being treated unfairly. It was this injustice that inspired Paul Rafelson to defend eCommerce sellers. Paul is a Partner at Rafelson Law PLLC, a law firm that specializes in eCommerce law, Intellectual Property, M&A, Amazon Suspensions, Disputes, and more. In this episode, Paul walks us through the common legal problems that eCommerce sellers face. He breaks down the nexus tax issue that plagued Amazon merchants and explains the key points your Amazon insurance policy should contain. We also dive into how having an M&A lawyer in your corner when selling your business can make a world of difference. According to Paul, "Aside from marriage and children, selling your business will probably be the most important transaction of your life. It's your game-changing story, and that's huge, so you want to do it right." Paul explains the nuances of negotiating with aggregators vs normal buyers and shares tips on how to ensure a successful negotiation. He also reveals some of the potential pitfalls of earnout agreements and how to ensure you get the money owed to you. If you want to ensure that your eCommerce business stays on the right side of the law, then don't miss a second of this episode! Topics Discussed in This Episode: How Paul became a lawyer and got into the online business industry (04:12) The nexus tax issue that inspired the formation of Paul's law firm (13:53) The common legal problems that Amazon sellers face (20:43) The legal risks of starting an FBA business vs Shopify (36:52) An overview of what an Amazon insurance policy should contain (44:16) The benefits of hiring an M&A lawyer when selling your online business (45:37) The differences between negotiating a sale with aggregators vs citizen buyers (49:25) The potential dangers of earnouts (53:25) Paul's tips for eCommerce sellers when it comes to negotiating with buyers (57:35) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Rafelson Law Firm Seller Basics Sit back, grab a coffee, and learn valuable insights about eCommerce law!

Dec 23, 20221h 10m

Ep 115Reinventing Digital Real Estate: A Fresh Take on Rank and Rent with Nick Wood [Ep.115]

Rank and Rent is a great business model for earning a passive income online. The only downside is you have to wait for your sites to rank before you can rent them out. Unsatisfied with this approach, Nick Wood decided to turn Rank and Rent on its head. He builds a landing page and uses ad campaigns to drive traffic to the site. The ads help to generate a handful of leads in a fraction of the time, allowing Nick to rent the site out almost immediately. Only once he's secured a rental client does Nick then focus on ranking the site. This rent-first, rank-later strategy has helped Nick reach over $100,000 in monthly revenue! In this episode, Nick joins us to discuss what inspired him to reinvent the Rank and Rent business model and the secret sauce behind his success. He believes too many entrepreneurs waste time perfecting their websites instead of generating an income as soon as possible. According to Nick, "It's about moving fast and getting stuff done. The money's not in perfection, the money is in action." Nick breaks down how he finds the right clients for his sites, walks us through his sales pitch, and explains how to overcome the objections a client might throw his way. We dig into the nitty-gritty details of how to factor ad spend into your rental charges, as well as how to calculate your expected site traffic volume, and obtain a Google Business Profile without the usual hassle. If you're looking for a way to generate the passive income of a Rank and Rent site without the wait time, then look no further. This episode is jam-packed with all the tips and tricks you need to get started on your Rent, then Rank business journey! Topics Discussed in This Episode: A brief description of Rank and Rent (04:50) How Nick developed his "rent first, rank later" strategy (08:14) The golden ratio between ad spend CPC and rental charges(15:22) The rank and rent business model is undervalued (19:14) Nick's process for obtaining a Google Business Profile (24:58) How to calculate your expected site traffic volume (31:11) A breakdown of how Nick sources and signs new clients (34:20) Why picking the right city and niche is the key to success (42:42) How to overcome objections when pitching rent and rank sites (51:40) The structure of Nick's team and Nick's role in the business (58:34) How Nick plans to scale his business to $1 million per month (1:00:28) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Digital landlord Nick's YouTube Channel Nick's Facebook group Nick's Digital Landlord Discord Rank and Rent podcast episode with Luke Van Der Veer What Is a Lead Worth calculator Ahrefs Semrush Sit back, grab a coffee, and learn how to rent out your lead-generating websites before they rank!

Dec 23, 20221h 15m

Ep 114From Bootstrapped Startup to a $200 Million Exit With Patrick Campbell [Ep.114]

The goal of many entrepreneurs is to build a business that will one day give them true financial freedom. In theory, it's a simple three-step process. Create it. Scale it. Sell it. But in reality, achieving a life-changing exit is a pipedream that only a handful of entrepreneurs actually accomplish. So, what does it take to beat the odds and achieve a multi-million dollar exit? In this episode, we're joined by an entrepreneur who knows the answer to this question first-hand. Patrick Campbell is the founder of ProfitWell, a SaaS platform that helps businesses grow their recurring revenue through subscription analytics, retention, and pricing solutions. Patrick's business was recently acquired by Paddle for $200 million! Patrick joins us to discuss the details behind the acquisition, how he successfully grew Profitwell, and how his life has changed since his 9-figure exit. Patrick explains how he set Profitwell apart from its competitors by thinking long-term, being strategic with pricing, and always keeping the bigger picture in mind. Patrick also used competitive analysis to better understand what consumers were looking for and identify where Profitwell's competitive advantage lay. We also dive into the challenges Partick faced while scaling the business, and how he overcame these setbacks. According to Patrick, "Did we have "Oh my word, everything is terrible moments?" 100%, yes. But the nature of what we do as entrepreneurs is to get back up and keep going. Every time there's a hardship that you get through, your brain as an entrepreneur goes "Well, it must not have been that bad because I figured it out." And that helps you to keep moving forward." If you're hoping to make a life-changing exit of your own one day, don't miss a second of this candid, behind-the-scenes look at the ins and outs of a multi-million dollar acquisition! Topics Discussed in This Episode: Patrick introduces himself and shares insight into his entrepreneurial journey (01:27) The inspiration behind Profitwell (07:42) The secret sauce behind the growth of Profitwell (11:04) How Patrick outpaced competitors and differentiated Profitwell from competitors (21:41) Profitwell's unique organizational structure (26:01) Patrick's darkest moment building Profitwell (32:45) Why Patrick said the word "churn"100K times (38:36) How Paddle's acquisition of Profitwell came about (46:10) How Patrick's life has changed since exiting Profitwell (51:24) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Profitwell Paddle Notion High Output Management by Andrew Grove Sit back, grab a coffee, and discover what it's like to make a 9-figure exit from an online business.

Dec 20, 20221h 7m

Ep 113How to Fund a Business Acquisition Without Risking Your Assets With Ignacio Villanueva [Ep.113]

Loans can sometimes get a bad rap, but they can be a powerful tool when it comes to funding business acquisitions. The key is finding the right type of loan to suit your specific needs and risk appetite. Given the volatility of online business, many entrepreneurs are hesitant to use their house or other valuable assets as collateral when applying for funding. Having recognized the need for a more flexible type of funding, Boopos offers aspiring business owners access to revenue-based financing. Revenue-based financing requires no collateral, and the repayments fluctuate according to the revenue your business generates. This greatly reduces the risk of defaulting on your repayments. In this episode, Ignacio Villanueva, the Head of Partnerships at Boopos, joins us to dissect revenue-based financing and explains the advantages of using funding when acquiring an online business. Revenue-based financing is much faster than traditional funding options. Boopos loans take 48 hours to be pre-approved, and only seven days to close the transaction. This means you're less likely to lose out on a great acquisition while you wait for your funding to come through. To make acquiring business using funding even speedier, many of the listings on our marketplace have been pre-approved for financing by Boopos. Keep an eye out for businesses marked with the 'financing approved' badge! If you want to know more about how to increase your business acquisition spending power through revenue-based financing, then listen in to this enlightening episode! Topics Discussed in This Episode: Ignacio reveals his background and explains the service that Boopos offers (03:47) What is revenue-based financing? (06:30) The advantages of using Boopos over SBA or traditional funding (13:10) The criteria Boopos look for when pre-approving a business for financing (19:01) A breakdown of Boopos lending rates (23:28) The repayment times for Boopos loans (25:38) The types of business models that Boopos offers financing for (27:12) The advantages of using a loan to fund a business acquisition (35:37) Real-life examples of successful Boopos funding stories (48:57) Red flags to look out for when financing a business acquisition (52:45) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Boopos Content Site ROI Case Study Amazon FBA ROI Case Study Sit back, grab a coffee, and discover the benefits of using revenue-based financing to help you fund your business acquisitions!

Dec 13, 20221h 0m

Ep 112The A-Z of Building a Passive Content Site Business With Morten Storgaard [Ep.112]

When building a content site, you don't have to choose between profitable and passive. You can have the best of both worlds, as long as you have a few key elements in place. Figuring out what these key elements are can be a steep learning curve for newcomers. That's where Morten Storgaard comes in. Morten is a seasoned content site professional who put his experience to good use by creating Passive Income Geek. His in-depth course teaches entrepreneurs how to build a full-time income with passive websites. He also has a successful YouTube channel where he shares useful tips and tricks for improving your sites. In this episode, Morten unpacks some of the core building blocks of a successful content site. We dive into the importance of a strong domain name, and what separates the good names from the bad. Morten reveals he thinks why redirects and link building should take a back seat to creating quality content, and explains how to churn out top-notch content while keeping your business passive. We also touch on how you can use YouTube to feed traffic to your site, and how to balance content production across both platforms. If you want to get into the content site game, but don't have much time on your hands, then Morten has plenty of actionable advice that you can use to build a passive website business of your very own. Topics Discussed in This Episode: Morten introduces himself and explains the idea behind Passive Income Geek (01:40) Why Morten transitioned away from affiliate sites into content sites (05:06) Why choosing a good domain name is crucial (10:05) Morten sheds some light on his content production process (14:25) Bad SEO advice that Morten has come across (17:29) Why Morten prioritizes quality content over 301 redirects and link building (20:18) The role that social media plays in Morten's business strategy (27:14) How to scale a YouTube channel without being the face of your brand (29:42) How Morten manages his team and his portfolio of sites (33:07) The origins of Passive Income Geek and what sets it apart from other courses (41:56) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Passive Income Geek Passive Income Geek YouTube channel Wayback Machine Economics Explained YouTube channel Keyword Chef Sit back, grab a coffee, and learn how to generate a full-time income from passive content sites!

Dec 6, 202251 min

Ep 111Everything You Need to Know About Building Authority Sites With Ricky Kesler [Ep.111]

Creating a website that generates a steady stream of revenue is goal number one for the majority of site owners. The challenge is leveling your site up further, to where the money you make from your site can replace your main source of income. Teaching people to do exactly that is Ricky Kesler's passion. Ricky is the co-founder of Income School, an educational platform that teaches website owners how to build profitable blogs and YouTube channels that provide a reliable source of income. In this episode, Ricky joins us to discuss why focusing on building authority is the best way to create a profit-generating website. Building authority not only helps your site rank better on Google but also makes accumulating backlinks that much easier. "Five or six years ago, just writing good content was enough. But now, in addition to good content, it's grown more and more important to have authority of some kind." According to Ricky, there are two main areas to focus on when building authority, topical authority and industry authority. You can build topical authority through a depth of content. Instead of focusing on surface-level topics in your niche, pick 1-3 niched-down categories that you can dive deeper into. Writing an extensive amount of content will help you become an authority in these subcategories before expanding into the wider niche. Second, build authority and renown in your industry by writing guest posts, or even better, appearing on relevant podcasts. This will help you become a known name in your niche and, as an added bonus, will help you build relevant backlinks to your site. Ricky also walks us through the key building blocks you should put in place when starting a site from scratch, how to leverage YouTube to grow your audience, and he shares several powerful growth strategies you can use to level up your site. This episode has all the information you need to grow your website from a side hustle to a money-making machine! Topics Discussed in This Episode: Ricky's background and the origins of Income School (02:57) How Ricky goes about building authority for his sites (06:34) The key building blocks needed to create an authoritative site (12:31) Additional growth strategies you can use to build your site (17:31) The optimum number of websites to have in your portfolio (21:44) The criteria you should look for when buying websites (24:43) How Ricky knew it was time to sell some of his sites (28:46) SEO myths and misconceptions that you should avoid (32:40) How to use YouTube to build an audience (37:55) Ricky breaks down the ins and outs of his Project 24 course (43:44) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Income School Project 24 Epic Gardening Sit back, grab a coffee, and learn how to build an income-generating website by growing your site's authority.

Nov 29, 202256 min

Ep 110Rank and Rent: How to Build a Passive 6-Figure Monthly Income With Luke Van Der Veer [Ep.110]

Building and maintaining a handful of websites is enough to keep most SEOs extremely busy. But is there a way to build a large portfolio of sites that can generate a passive monthly income? As Luke Luke Van Der Veer discovered, this can be achieved using the rank and rent business model. Luke builds high-ranking, lead-generating websites that target profitable niches. He then rents these sites to business owners who can take advantage of the leads. After investing a few hours into building and ranking the sites, the majority of Luke's work is done. He can then sit back and enjoy the recurring rental income that the sites bring in. In this episode, Luke sits down with us to discuss the rent and rank business model in detail. He walks us through how he scaled his business to include 100+ rank and rent sites, how he outsources work, and the fee structure he used to get to a 6-figure monthly income. For those who are just starting out in rank and rent, Luke breaks down how to source clients for your sites, which niches can be money pits, and the mindset entrepreneurs need to adopt to make a success of this business model. Luke also sheds light on the strategies he uses to get his sites to rank, including using Google My Business, the ins and outs of citations, and how to use blog comments and PBNs to build up his sites' backlink profiles. If you are skilled in SEO but don't have the time or resources to maintain a traditional content site, then rank and rent may be the solution you've been searching for. Grab your notebook and pick up invaluable tips and tricks from the industry leader in rank and rent websites! Topics Discussed in This Episode: Luke's background and how he ended up in the online business world (03:30) A breakdown of how the rent and rank business model works (06:50) How Luke goes about finding clients to rent his sites (12:40) Why Luke prefers to work within the home services niche (15:55) The common mistakes people make with rank and rent (17:25) The benefits of ranking on Google My Business (20:06) Why you should wait until your address is verified before doing citations (28:22) How Luke uses blog comments and PBNs as a backlink strategy (30:25) How Luke structures the fees for his services (35:26) Examining the earning potential of rank and rent (39:35) Why Luke is diversifying his business with brick-and-mortar real estate (45:15) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Luke's Website Rental Coaching Side Hustle Nation Online Jobs CallRail Sit back, grab a coffee, and learn how to build a passive income using the rank and rent strategy!

Nov 22, 202258 min

Ep 109How to Turn Your SaaS Site Into a Conversion Machine With Chris Silvestri [Ep.109]

Attracting a high volume of traffic to your site means very little if your traffic isn't converting into sales. So, how do you turn window shoppers into paying customers? According to Chris Silvestri, it's all about positioning. Chris is the founder of Conversion Alchemy, an agency that combines copywriting and UX design with clever digital psychology tricks to help SaaS business owners improve their website conversions. In this episode, Chris joins us to reveal what he believes is the root of most conversion problems - many SaaS entrepreneurs don't fully understand their audience. Chris explains that achieving product-market fit is not enough on its own. You need to narrow down your target audience and truly understand what drives them. This knowledge feeds your positioning, helping you create a website that clearly communicates why consumers should purchase your product. Chris goes on to explain the different categories he covers when compiling audience research and how to use this data to inform the copy on your site. According to Chris, "There are three categories of messaging that you should have on your site. First, is motivation - what brings customers to your site, and does your product provide what they need? Second, is value - are the features and solutions your product provides made clear on your site? Finally, address consumer anxiety by countering objections and instilling trust." Chris also sheds some light on the common mistakes SaaS owners make when writing copy for their sites and the essential features every good SaaS site should have. If you're looking for that extra push that will convince consumers to stop browsing and start buying, then follow Chris's advice on how to optimize your SaaS product positioning. Topics Discussed in This Episode: Chris shares a brief overview of his entrepreneurial journey so far (02:06) The unique challenges SaaS owners face when it comes to copywriting (06:08) Why many SaaS owners don't fully understand their audience (09:20) The framework Chris uses to conduct audience research (10:26) The features every good SaaS site should have (13:05) How often you should revisit your brand positioning (18:00) How to narrow down which audience you should focus on (19:40) Common mistakes SaaS owners make when writing copy for their sites (25:55) Product problems are often audience problems in disguise (30:59) The toughest obstacles Chris faced when building Conversion Alchemy (33:50) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Conversion Alchemy Capterra G2 Alchemy by Rory Sutherland Hotjar Conversion Crimes Fathom Copy Hackers The NN Group MECLABS Institute Sit back, grab a coffee, and learn how to correctly position your SaaS product to increase conversions!

Nov 15, 202242 min

Ep 108Neuromarketing: How to Influence the Behavior of Your Consumers With Nancy Harhut [Ep.108]

Sometimes, consumers need a little nudge to convince them to add your product to their checkout cart. You could try using discounts and promotions to lure consumers in, but these techniques aren't always sustainable and can eat into your bottom line. So what strategies can you use instead? Nancy Harhut believes the answer lies in neuromarketing. Nancy is the Co-Founder and CCO of HBT Marketing, an agency that blends creativity with behavioral science to drive consumer engagement. Through many years of research, Nancy has learned that consumer behavior often isn't rational. Instead, people are driven by hard-wired, instinctive and emotional responses. By tapping into behavioral science techniques, entrepreneurs can trigger these instinctive responses to boost conversions. In this episode, Nancy joins us to explain the science behind consumer decision-making and walks us through how to use concepts like the authority principle, social proof, and loss aversion to increase purchase intent. According to Nancy, "Behavioral scientists have found that people are twice as motivated to avoid the pain of loss as they are to achieve the pleasure of gain. So as a marketer, you should inject a little well-placed loss aversion. Instead of saying "Take advantage of", try saying "Don't miss out on". That's what people really pay attention to because people hate to lose out." Don't risk missing out on any more sales! Use Nancy's expert advice to gain an advantage over your competitors and stand out from the crowd. (See what we did there?) Topics Discussed in This Episode: Nancy's entrepreneurial background and the origins of HBT Marketing (03:45) Neuromarketing and behavioral science and how it applies to marketing (08:43) The topics Nancy's book covers and how it can help marketers (15:40) How Nancy created a 13% increase in purchase intent for one of her clients (17:41) Top techniques to trigger emotional responses in your customers (20:54) How different demographics respond to neuromarketing techniques (31:17) Common mistakes people make when attempting to use neuromarketing (35:01) Cringy marketing techniques you should avoid (37:47) What inspired Nancy to write her book Using Behavioural Science in Marketing (44:38) Changes and trends that have influenced marketing over the last few years (48:35) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors HBT Marketing Using Behavioural Science in Marketing by Nancy Harhut The believing Brain by Michael Shermer Sit back, grab a coffee, and learn how to increase purchase intent through behavioral marketing.

Nov 8, 202254 min

Ep 107The Secrets to Seismic SaaS Success With Marvin Liao [Ep.107]

While every business faces its own unique challenges, many early-stage SaaS startups share common characteristics that can dictate their success or downfall. Figuring out what makes these startups thrive and what causes them to crumble requires years of expertise and industry knowledge. Having invested in and worked with over 450 pre-seed & seed stage SaaS startups, Marvin Liao has certainly earned his stripes when it comes to identifying and nurturing profitable and sustainable SaaS businesses. In this episode, Marvin joins us to discuss everything early-stage SaaS founders should be doing. He provides actionable tips and advice including focusing on a narrowed-down, niche audience, remembering to listen to your gut instead of relying solely on data, and waiting until your business is more established before raising growth capital. According to Marvin, "I've found that, in general, bootstrap founders are better at running businesses. Money can be a crutch. You figure out business basics faster when you don't have a lot of money. It forces you to not waste time. So, bootstrap first, and then once you've gained traction and have a better sense of what you're building and who you're targeting - that's the time to raise funding." Marvin also touches on the common mistakes that SaaS founders make, like modeling themselves after industry giants, spreading their focus too thin instead of doubling down on what works, and undercharging for their software while it's still a work in progress. If your SaaS business is still in its infancy, then you can't afford to miss out on Marvin's expert insights to help your business reach its full potential. Topics Discussed in This Episode: Why startups shouldn't model themselves after business giants (02:00) Marvin explains why he's the Forest Gump of Silicon Valley (15:04) Why early-stage SaaS founders should focus on bootstrapping instead of VC funding (20:55) How to balance data-driven decisions with creative "gut-driven" decisions (28:58) What SaaS founders get wrong when pricing their products (31:26) The benefits of focusing on a narrow, niche audience as a startup (35:34) The common mistakes SaaS founders make when trying to scale (38:54) The criteria Marvin looks at when investing in a business (40:20) It's easier than ever to create a successful SaaS startup (45:37) The best professional advice Marvin has ever been given or heard (50:38) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors The Hard Fork by Marvin Liao The Next Big Blue-Collar Job Is Coding Conversion Crimes Wayback Machine Justine Musk's Quora post Sit back, grab a coffee, and listen in as we pick the brain of an early-stage SaaS expert!

Nov 1, 202257 min

Ep 106Going Public: From Broke Bootstrapper to Nasdaq Listed Business Owner With Dom Wells [Ep.106]

For many entrepreneurs, the road to success is a long and winding one, with each milestone helping you prepare for the next leg of your journey. Dom Wells's journey is no exception. Unsatisfied with his job as a teacher, he began building websites. This led to the creation of Human Proof Designs, a business that creates done-for-you starter websites for people looking to get into the content site game. The success and eventual exit of that business allowed Dom to begin acquiring higher-value websites. As he built a portfolio of his own, Dom was inspired to create Onfolio, a holding company that buys, grows and operates online businesses, particularly in the content niche. In this episode, Dom joins us to reflect on his 10-year entrepreneurial journey, walking us through the process of selling Human Proof Designs and explaining how he knew it was the right time to exit the business. According to Dom, "Many entrepreneurs build successful 6 or 7-figure businesses because they're really good at one thing, or they're driven by sheer passion and force of will. The tough part is when you reach a plateau. Then you have to decide if you're willing to push through and learn a new skill and think more strategically in order to level up, or if you're going to use your existing skills to start over again." We then shift our focus to Onfolio as Dom describes the evolution of his business's service offering. Dom also explains the dangers of spreading yourself too thin and shares advice on how to structure your team to make sure nothing falls through the cracks as your business expands. Finally, Dom reveals what motivated him to take Onfolio public and the process involved in listing a business on Nasdaq. With a decade of experience under his belt, Dom has a wealth of knowledge to share, so make sure you don't miss a minute of this fascinating episode! Topics Discussed in This Episode: Dom reflects on his 10-year entrepreneurial journey and how he founded Onfolio (02:22) The reasons why Dom decided to leave Human Proof Designs (08:56) A breakdown of what Onfolio offers, and how it has evolved over the years (14:20) The criteria Dom looks at when buying a business for his portfolio (19:05) How Dom grew a $1.1 million business's net profit by 50% in three months (24:31) The pros and cons of cross-business synergies and operating leverage (26:53) How Dom has structured his Onfolio team to make the best use of their skills (29:41) How Dom balances marketing the businesses in his portfolio vs marketing Onfolio (33:27) Why Dom decided to list Onfolio publicly and what the process involved (35:22) Dom's goals for Onfolio moving forward (40:41) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Onfolio Human Proof Designs Empire Flippers Capital Before The Exit by Dan Andrews Ahrefs Semrush Sit back, grab a coffee, and learn valuable entrepreneurial lessons from a 10-year industry veteran!

Oct 25, 202249 min

Ep 105SaaS Link Building: Transforming Content Into Conversions With Alan Silvestri [Ep.105]

When creating content for SaaS sites, "build it and they will come" is no longer an effective strategy. In today's competitive landscape where Google Algorithms rule the roost, SaaS owners need to employ clever SEO techniques to make sure they drive the right traffic to their content. According to Alan Silvestri, link-building or "digital PR" is one of the most effective ways to get eyes on your content and boost your brand recognition. Alan is the Founder and CEO of Growth Gorilla, an agency that provides high-quality, no-nonsense content distribution and link-building outreach for SaaS companies. In this episode, Alan walks us through the tried and tested framework he uses to build high-converting links and how to modify this framework to suit the needs of different businesses. Link-building doesn't exist in a black hole, and if you want the best results, you'll need to employ additional marketing and social media strategies to support your link-building efforts. According to Alan, "Effective link building starts with the preparation you do before you even start building links. The first thing, which is often overlooked, is to make sure that your content is top-notch. Then, focus on optimizing your internal linking structure because that can really help to make the most out of the links that you build." Alan also warns that not all backlinks are good, explaining the desirable qualities and red flags SaaS owners should keep an eye out for, and why quality trumps quantity every time. If your blog content isn't getting the recognition it deserves, then take note of Alan's expert advice on how to open the traffic floodgates and build brand authority through strategic link building. Topics Discussed in This Episode: Alan shares insights into his background and how he ended up working in the SaaS industry (02:51) The unique challenges SaaS companies face when it comes to link building (08:33) The framework Alan uses to build links for SaaS businesses (11:11) How Alan adjusts his framework to suit individual business needs (16:14) The red flags SaaS owners should be aware of when it comes to link building (17:45) The effectiveness of quality vs quantity (22:28) The common link-building mistakes SaaS owners make (24:03) Alan's take on the power of social media vs SEO for building brand authority (27:12) The interesting trends Alan has seen in the SEO industry (31:09) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Growth Gorilla Growth Gorilla Chrome extension Pitchbox Ahrefs Hunter.io Sit back, grab a coffee, and learn how to use link-building to drive more customers to your blog content!

Oct 18, 202240 min

Ep 104What No One Tells You About Buying a 7-Figure Online Business With Nate Ginsburg [Ep.104]

When it comes to navigating the twists and turns of acquiring a business, particularly one in the 7-figure range, even the most seasoned entrepreneurs often find themselves in unfamiliar territory. In this episode, Nate Ginsburg, a 10 + year online entrepreneur and investor gives us a behind-the-scenes look into his 7-figure acquisition of Centurica, a due diligence service that guides buyers through the complexities of assessing and purchasing web-based businesses. Nate walks us through the biggest pressure points of the acquisition, including how he approached the previous owner with an offer to purchase Centurica, how he financed the deal, and the support structure made available to him as a buyer. He shares the biggest lessons he learned from the purchase and reveals the advice he would give himself if he had to do it all over again. According to Nate, "My advice to buyers is, during your due diligence, spend some time looking into the nitty gritty parts of the operation to understand the deliverables you'll have to build out when you take over the business. You should also try to engage the seller in as long of a transition and support period as possible." We also dive into the different categories and components of buyer due diligence, how to overcome key-person risk, and we break down the hidden risks and opportunities that buyers can uncover with the right research. If you're considering buying an online business you can't afford to miss out on Nate's first-hand knowledge of the ins and outs of the acquisition process. Topics Discussed in This Episode: Nate walks us through his entrepreneurial background (02:14) A brief overview of Centurica and why Nate was inspired to acquire the business (06:30) Nate walks us through how he went about acquiring Centurica (09:22) The SBA loan process and how Nate determined the value of Centurica (12:41) Key-person risk and importance of hiring the right team (15:33) The different categories and components of due diligence (29:54) Hidden risks and opportunities that can be uncovered during buyer due diligence (34:40) Why online businesses are a great investment (36:31) The biggest changes Nate has seen in the online business industry over the past few years (37:33) The advice Nate would give himself if he started his online journey all over again (40:13) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Centurica SellerPlex Sit back, grab a coffee, and learn the importance of buyer due diligence when acquiring an online business.

Oct 10, 202246 min

Ep 62Revisited - Buyer-Seller Roundtable: A 7-Figure Deal From Both Sides with Wilson Dos Santos and Kevin Flaherty [Ep. 62]

This week we revisit one of our most eye-opening episodes where we learn first-hand what it's like to buy and sell a 7-figure online business. Many entrepreneurs dream of making a seven-figure exit from their online businesses, but few people understand the logistics, high emotion, and intense negotiations that go into a successful sale. In this episode, we'll have a round table with the buyer and seller from a recent seven-figure deal to give you some unique insights into what it's really like to buy and sell an online business with Empire Flippers. The seller, Wilson Dos Santos, owned a rapidly growing FBA business and was ready to quit the rat race to enjoy the spoils of his hard work. The buyer, well-known FBA aggregator Thrasio, represented by Acquisitions Manager Kevin Flaherty, saw the business as a prime opportunity for investment. Wilson walks us through his journey as a seller, explaining what prompted him to sell his business at the height of its success, the ins and outs of the listing and negotiation process, and ultimately, how his life has changed for the better since selling the business. Kevin gives us an insider's perspective on what kind of FBA business catches the eyes of aggregators, how Thrasio vets potential acquisitions, and how they structure their offers to stand out from the competition. If you're considering buying or selling an online business, you don't want to miss a second of this special behind-the-scenes episode! Topics Discussed in this episode: Wilson shares a picture of the business he sold (4:12) The shadow of success - the stress that comes with building a profitable business (6:12) The moment Wilson realized his business had outgrown him (7:43) Wilson walks us through the valuation process (12:56) Why Thrasio enjoys working with Empire Flippers (15:02) What qualities will make your business attractive to an aggregator? (16:29) The high emotions when a seller's business goes live on our marketplace (21:23) The metrics Thrasio looks at when vetting a potential business acquisition (24:20) Vetting potential buyers and the negotiation process (27:58) What made Thrasio's offer stand out from the rest (31:51) Why Wilson's business caught Thrasio's attention (33:54) How Wilson's life has changed since he sold his business (36:53) The benefits of using a broker when selling your business (44:32) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Free valuation tool Schedule a call with one of our expert sales advisers Sit back, grab a coffee, and get ready to take a sneak peek at the Empire Flipper's buy and sell process!

Oct 4, 202249 min

Ep 75Revisited - Building a Million Dollar Business Portfolio by Age 24 With Simon Treulle [Ep. 75]

While Greg gets his bearings after weeks of travel, we revisit another of our most popular episodes. Successfully scaling one online business is hard enough, but building out an entire portfolio of businesses is a challenge few entrepreneurs are able to overcome. Not only did Simon Treulle knock this challenge out of the park, but he achieved this entrepreneurial milestone before the age of 24! Simon is the founder of Pangolia, a business with multiple high-value brands and content sites under its umbrella. In this episode, Simon explains how building a strong network of mentors and fellow entrepreneurs helped him accelerate his success, and why maintaining good relationships with suppliers is key. According to Simon, "If you want to grow your content site, build good relationships with your affiliate managers. They are humans and they are in the business of relationships. Talk, help each other, and you'll see your business grow." Simon gives us insights into his entrepreneurial journey, including what inspired him to move from Denmark to Chaing Mai, the epicenter of SEO, when he was just 19. He walks us through the hard work and sacrifice that helped him achieve success, and why he chose to hone in on the pet niche when building out his portfolio. Speaking of his portfolio, Simon also discusses how he transitioned from building sites into buying them, what he looks for in new business acquisitions, and the benefits of consolidating multiple small websites into one big site. He also explains why he made the jump into eCommerce through his latest acquisition, Hepper, and reveals how he grew Hepper from 100 visitors per day to 40.000 readers per day. If you want to know how to make the leap from owning one business to owning several, this episode is the perfect place to start! Topics Discussed in this episode: Simon walks us through his experience entering the world of online business (02:14) Why Simon decided to build a portfolio of businesses in the pet niche (12:14) How Simon transitioned from owning one business to running several (14:17) The benefits of running eCommerce and content site businesses in synergy (16:36) What qualities Simon looks for in a new business acquisition (18:46) How Simon adapted to running an eCommerce business alongside his content sites (23:53) How Simon grew the traffic on his eCommerce site from 100 daily visitors to 40,0000 (27:11) The key to successfully running multiple businesses simultaneously (31:22) Simon's advice to entrepreneurs looking to replicate his success (32:04) Simon reveals what's next, and his plans for growing his businesses further (37:23) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Pangolia Hepper Ahrefs Sit back, grab a coffee, and learn how to grow one content site into a powerful portfolio of online businesses.

Sep 27, 202248 min

Ep 68Revisited - Why Buying Unconventional Businesses Will Help You Gain Financial Freedom With Codie Sanchez [Ep. 68]

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Greg has spent the last few weeks traveling around the US attending several conferences, so he was unable to record a new episode this week. Instead, we'll be revising one of our favorite episodes where Sarah chatted to Codie Sanchez about how to build wealth the unconventional way. On their journey towards financial freedom, many investors hone in on assets like real estate and stocks, often overlooking the power of purchasing online businesses. Buying unconventional businesses is contrarian investor Codie Sanchez's bread and butter. Codie has acquired a personal empire of cash-flowing assets across multiple business models. She teaches investors how to do the same as the founder of Contrarian Thinking, an educational resource where investors and entrepreneurs can learn about how to create an ocean of wealth through different income streams. In this episode, Codie explains why buying businesses is a great way to fast-track your way to financial freedom. She walks us through the first steps to diversifying your income through online business acquisitions and the common mistakes many entrepreneurs make when trying to achieve financial independence. According to Codie, "The number one reason people don't achieve financial freedom is they do not spend the time thinking about it, they do not spend the time learning about it, and then they do not spend the time taking action on it." Codie also discusses the philosophy behind being a contrarian investor, and how to effectively manage a portfolio of businesses. If you're looking for ways to kickstart your journey to financial independence, you don't want to miss a minute of this episode! Topics Discussed in this episode: What it means to be a contrarian investor (02:07) Why business ownership is a great way to achieve financial freedom (05:20) The first steps to achieving financial freedom through business ownership (09:53) The benefits of diversifying asset classes (14:48) Managing time and leadership across multiple income streams (19:53) Common mistakes investors make on their journey to financial freedom (22:08) Out of date investment advice that investors should be wary of (26:09) Current trends that are driving the investment industry (29:34) The lessons Codie has learned throughout her career (35:36) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Contrarian Thinking newsletter Contrarian Cashflow Unconventional Acquisitions business buying course Mint Sit back, grab a coffee, and learn how to diversify your income streams through purchasing unconventional businesses!

Sep 20, 202241 min

Ep 103How to Get a 60% ROI on Your Website in Less Than 6 Months With Zach Zorn [Ep.103]

Building and acquiring websites is a great way to make money online. But growing these sites can be a slow process if you don't know which levers to pull to improve your traffic and conversions. Luckily for Zach Zorn, he quickly figured out which key areas to focus on - a discovery that lead to a 60% ROI on his website in under six months! After making a successful exit from that site, he decided to share his online business knowledge with the world. Zach is the owner of Money Nomad, a website that provides digital entrepreneurs with tips and strategies on how to grow their businesses. Money Nomad also collaborated with Empire Flippers to open up an online business marketplace selling businesses that fall below our minimum valuation threshold. In this episode, Zach joins us to discuss the origins of Money Nomad and how it evolved from a simple content site into a fully-fledged marketplace. We dive into the techniques and frameworks Zach uses to grow his website portfolio, including making the best use of different monetization methods, and optimizing the website's CRO to maximize profits. According to Zach, "When it comes to content sites, making sure you have the correct affiliate offerings and creating call-to-action buttons are quick wins that buyers can take advantage of. Literally adding blue, red, or green buttons that tell people what you want them to do really helps with conversions. If possible, you should also update your theme to a faster, cleaner theme." Zach also walks us through his acquisition strategy, his experiences using the Empire Flippers marketplace, and the pros and cons of buying businesses privately vs through a broker. Whether you're shopping around for your first website acquisition, or you're an experienced content site owner, this episode is jam-packed full of valuable information that can help you accelerate your website's growth. Topics Discussed in This Episode: Zach explains how he became involved with the online business industry (02:37) What attracted Zach to the first content site he bought from Empire Flippers (07:52) How Zach got a 60% ROI from his website in less than 6 months (09:56) The techniques and frameworks Zach uses to grow his portfolio of websites (16:22) The pros and cons of buying businesses privately vs through a broker (23:00) The evolution of the Money Nomad website and marketplace (26:40) The Money Nomad marketplace commission structure (32:07) The online business trends Zach foresees in the near future (35:05) Zach's goals and vision for the future of Money Nomad (39:38) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Money Nomad Ahrefs Surfer SEO Short Pixel Rank Math Link Whisper Sit back, grab a coffee, and discover a few simple tips and tricks to increase your website's traffic and conversions.

Sep 13, 202248 min

Ep 102Systematizing Your Business: The Key to Regaining Your Freedom With Lauren Tickner [Ep.102]

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Sometimes, it's an entrepreneur's ability to neutralize their weaknesses that paves the way to their success. By prioritizing important tasks and removing themselves from activities they aren't skilled at or simply don't like, entrepreneurs can focus their talents on areas of their business where they can make a measured difference. Implementing systems like these helped Lauren Tickner turn her side hustle as a fitness coach into a 7-figure online business by the age of 21. But Lauren didn't stop there. She realized that the systems she used to grow her fitness coaching business could be applied to all industries. This revelation inspired her to create Impact School, a 7-figure coaching company that helps digital entrepreneurs implement systems that allow them to free up valuable time and scale their businesses to new heights. In this episode, Lauren joins us to discuss the advantages of systematization, the steps business owners should take to systematize their business, and how implementing systems has helped her own business thrive. According to Lauren, "As a business owner, you have to fill your weaknesses. I became so systems oriented through my own lack of organization. A big lesson for me was hiring someone who was my opposite, who could ensure that those systems were set up. But only by being honest about my weaknesses was I able to find the right person." Lauren also sheds some light on the bad industry advice that entrepreneurs should avoid, how she diversifies her income streams without succumbing to shiny object syndrome, and some of the biggest challenges she faced when building and scaling Impact School. Topics Discussed in This Episode: How Lauren helps people detach their personal brand from their business (05:06) Lauren walks us through her origin story as an entrepreneur (07:55) Hiring people who compliment your weaknesses (13:48) How systemization can benefit entrepreneurs (15:10) The right time to implement systemization in your business's lifecycle (18:03) The V.I.L.E. system Lauren uses to prioritize tasks (24:33) The bad advice Lauren has heard floating around the industry (29:41) How Lauren plans to diversify her income streams moving forward (39:35) How Lauren avoids shiny object syndrome when acquiring businesses (44:05) Why Lauren decided to exclude investors from her own business (50:35) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Impact School Notion Sit back, grab a coffee, and learn how systems can help you scale your business without losing your freedom.

Sep 6, 20221h 5m

Ep 101The Benefits of Becoming an Empire Flippers Capital Operator With Mohit Tater [Ep.101]

Some entrepreneurs are gifted with a talent for taking run-of-the-mill businesses to new heights and turning them into stable, cash-flowing assets. Empire Flippers Capital offers a unique opportunity to these talented entrepreneurs - the chance to operate and grow businesses to generate profit for themselves and investors while EFC takes care of the behind-the-scenes logistics. Mohit Tater was one of the first entrepreneurs to qualify for this opportunity. Mohit is the Founder & CEO of BlackBook Investments, a successful private equity firm that specializes in website investing. He has also been an operator for EF Capital for two investment rounds. In this episode, we take a peek behind the curtain as Mohit sheds some light on his experiences as an EFC operator. We discuss what drew Mohit to this opportunity, his acquisition strategy when building his EFC portfolio, and how his portfolio has performed over the last two investment rounds. Mohit walks us through the various tools and resources that EFC operators have at their disposal and shares the productivity hacks he uses to stay on top of his game as he juggles being a business owner and an operator for EF Capital. Lastly, Mohits reveals some of the sure-fire tactics he uses to boost content site revenue. According to Mohit, "When it comes to scaling content sites, the best-hidden growth opportunities often lie in plain sight. Focus on conversion rate optimization. It's helped us get up to 80% more revenue from the same amount of traffic." Join us for a behind-the-scenes look at how EF Capital generates profits for its investors. If you're inspired by Mohit's story and would like to become an operator yourself, check out the operator interest form in the links below. Topics Discussed in This Episode: Mohit shares how he became involved with online businesses (04:04) What led Mohit to become an EF Capital operator (14:53) How EF Capital operators are compensated (18:15) How raising funds differs for a Mohit's personal business vs EF Capital (20:20) The productivity hacks Mohit uses to effectively manage his portfolio of businesses (23:50) Mohit shares insights on the type of business he operates for EF Capital (26:23) The qualities Mohit looks for in a website acquisition (29:07) How Mohit's EF Capital portfolio has performed under his management (37:50) The milestones Mohit wants to reach as an EFC operator (42:34) Mohit's advice to entrepreneurs looking to become operators (44:56) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Empire Flippers Capital EF Capital Operator Interest form Blackbook Investments Rich Dad Poor Dad The 4-Hour Work Week Ahrefs Surfer Copyscape Grammarly Sit back, grab a coffee, and take a behind-the-scenes look at what it's like to be an Empire Flippers Capital operator.

Aug 30, 202252 min

Ep 1007 Entrepreneurial Lessons Learned From 100 Episodes of the Opportunity Podcast [Ep.100]

The 100th episode of The Opportunity podcast is finally here! To celebrate this milestone, we're mixing things up. This extra special episode revisits a few of our most memorable interviews to review the top 7 lessons learned from the last 100 shows. You'll hear many familiar voices as some of our favorite entrepreneurs and industry experts share their top tips for building, running, and scaling successful online businesses. Greg acts as our guide, walking us through each lesson and sharing his own unique insights and pearls of wisdom. One of Greg's top takeaways includes, "If you want to build wealth, don't focus on making money today. Focus on making an experience that will create fans of yours for years to come. Because if you make enough of those fans you're going to create a snowball effect that'll carry you far into the future." Join in the celebration by letting us know which episode or guest has been your favorite so far! Be sure to share this episode with your friends and family so that they can join us for the next 100 episodes where we'll continue to uncover all of the hidden growth opportunities in the online business industry. Topics Discussed in This Episode: Lesson 1: Creating a Machine of Leverage by Knowing the Value of Your Time (02:07) Lesson 2: Learning to Love Risk to Create Wealth (10:30) Lesson 3: Spending 9 Hours Sharpening the Axe, and One Hour Cutting Down the Tree (17:07) Lesson 4: Creating Value While Respecting Your Audience's Time (26:33) Lesson 5: Communication and Thinking in Four Degrees of Impact (31:43) Lesson 6: Why the Best Marketing Isn't a Tactic, It's an Experience (39:45) Lesson 7: Persistence Through Adversarial Wins (44:23) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Jobs to be Done Framework Featured Guests: Kevin Espiritu (Ep #87) Matt Diggity (Ep #23) Sushee Nzeutem (Ep #59) John Hefter (Ep #19) Emma Shermer Tamir (Ep #49) Doron Wolffberg (Ep #41) Perrin Carrell (Ep #79) Alexis Grant (Ep #84) Chelsea Cohen (Ep #42) Fabricio Miranda (Ep #91) Chelsea Jones and Rachel Saul (Ep #74) Nicole Baqcai (Ep #55) Ben Donovan (Ep #71) Bill Szabrak (Ep #6) Sit back, grab a coffee, and take a trip down memory lane as we discuss the valuable lessons learned from the past 100 episodes.

Aug 23, 202251 min

Ep 99How to Get the Most Out of Your 3PL Fulfillment With Taylor Smits [Ep. 99]

As you grow your Amazon FBA business, so too should you scale your fulfillment. Employing a 3PL service opens up a wealth of opportunities and helps shield your business from Amazon inventory limits, stockout penalties, and supply chain delays. But not all 3PLs are created equal, so how do you find the right 3PL to suit your business's unique needs? Few people are better qualified to answer this question than Taylor Smits. Taylor is an Amazon seller and the Co-founder of My FBA Prep, a SaaS-based 3PL service that helps eCommerce brands scale their operations by streamlining logistics and fulfillment. In this episode, we dissect the eCommerce supply chain. Taylor explains the different fulfillment options available to FBA sellers and the common pain points sellers encounter when prepping, packing, and shipping their inventory to Amazon warehouses. We discuss the many benefits of outsourcing fulfillment and outline the important questions sellers should ask when choosing a 3PL. According to Taylor, "As an Amazon seller, the biggest question to ask a 3PL service is "What's the turnaround time for getting inventory prepped and into Amazon warehouses." That time period is going to directly affect your cash flow cycle. It's also important to ask if they have experience working with businesses similar to yours so that you know they can meet your expectations." This interview will provide you with the information you need to break free of your fulfillment restrictions and watch your FBA business thrive! Topics Discussed in This Episode: Taylor's entrepreneurial journey and how he founded My FBA Prep (03:33) The difference between first, second, and third-party logistics (12:37) How Taylor got a foot in the door with large eCommerce clients (20:26) The questions sellers should be asking 3PL service providers before hiring them (25:05) The trends Taylor is seeing in the current eCommerce fulfillment ecosystem (41:38) The biggest obstacle Taylor faced when building and growing My FBA Prep (48:13) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors My FBA Prep Netsuite Sit back, grab a coffee, and learn how to get the most out of your 3PL fulfillment!

Aug 16, 20221h 3m

Ep 98Amazon DSP Advertising: How to Unlock Its Full Potential With Mina Elias [Ep. 98]

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It's no secret that Amazon's marketplace is growing incredibly quickly. With so many new brands entering the fray, how can sellers make their listings stand out in such a saturated market? For Mina Elias, a 7-figure Amazon seller, the answer lay in making efficient use of Amazon's advertising platforms. As his expertise in this area grew, so did requests from fellow sellers asking Mina to optimize their advertising campaigns. This inspired Mina to create Trivium Group, an Amazon advertising agency that specializes in PPC and DSP advertising campaigns, helping sellers get their products in front of shoppers, earn more money, and grow their businesses. In this episode, Mina joins us to discuss Amazon DSP campaigns, an often overlooked advertising option. He guides us through the differences between DSP and PPC campaigns, the best time for businesses to start making use of DSP, and the risks and rewards of using this promotional tool. We also dive into the secrets behind Mina's entrepreneurial success, including how he grew his business from 3 employees to 30 in one year and the systems he uses to help him manage his team. According to Mina, "The number one hack I've figured out as a business owner is that using consultants is a great time-saving shortcut that can help you grow your business incredibly fast. For example, I can learn how to do Google Ads in three months, but with just six one-hour consultations with a Google Ads consultant, I can be just as good." If you want the inside scoop on how to create a winning Amazon DSP strategy, then this is an episode you don't want to miss out on! Want a free PPC audit from Trivium? Follow the link below to learn more. Topics Discussed in This Episode: Mina discusses his background and how he became involved with Amazon (02:55) The benefits of attending business conferences (11:14) An explanation of Amazon DSP and how it differs from PPC (19:05) The criteria sellers need to meet in order to use Amazon DSP (24:35) How long do you need to run DSP ad campaigns before they become profitable? (30:26) How to segment your DSP marketing funnel (33:40) The success stories Mina has witnessed DSP have on Amazon brands (38:40) Why Mina grew his team from 3 people to 30 in one year (41:44) The key to hiring the right person for the job (46:04) The lessons Mina wishes he know when first starting out on Amazon (55:14) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Schedule a call with our expert sales advisors Trivium Group Free PPC audit from Trivium CXL Digital Marketing Courses Zoom Slack Notion Salesforce Helium 10 Data Dive Sit back, grab a coffee, and learn how to grow your Amazon business using DSP campaigns.

Aug 9, 20221h 0m

Ep 97Going Global: How to Expand Into International Amazon Marketplaces With Jana Krekic [Ep. 97]

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International expansion is a great way to scale your Amazon business, but many sellers don't speak the local language of the market they are trying to infiltrate. To solve this problem, sellers use software like Google Translate to help them translate their existing sales copy, but according to Jana Krekic, this approach often hurts sellers more than it helps them. Jana is the founder and CEO of YLT Translations, an agency that helps Amazon sellers translate their listings, sales copy, and keyword research to suit various foreign markets. Jana believes that human-based translations help sellers to better navigate the nuances of foreign languages in a way that software cannot. In this episode, we discuss the language differences that often trip sellers up, the pros and cons of using AI to generate your sales copy, and the international rules and regulations sellers should be aware of. We also discuss the risks and rewards of international expansion, which countries to expand into first, and the steps sellers should take to ensure a smooth transition into foreign marketplaces. According to Jana, "If you want to enter an international Amazon marketplace, the number one thing you should do is market research. That is crucial. After that, you should focus on creating keyword-driven content. The Amazon content rules are less strict in Europe than in the US, so you can use that to your advantage." Lastly, Jana shares some insights into Amazon's expansion plans, including the new countries they will be launching marketplaces in, and the opportunities this creates for Amazon sellers around the world. If you have set your sights on global expansion, then listen in to this conversation to find out how to conquer foreign Amazon marketplaces. Topics Discussed in This Episode: The services that YLT Translations offers Amazon sellers (03:22) Jana walks us through her background and entrepreneurial journey so far (05:34) How AI competes with human-based translations (11:13) The opportunities Amazon sellers can tap into by expanding internationally (16:55) Nuances other than languages differences that sellers should be aware of (28:39) International rules and regulations that often trip sellers up (34:14) New Amazon marketplaces that will be opening in the coming year (39:14) The foundation's sellers should have in place before they expand internationally (40:34) Risks sellers should be aware of when moving into foreign FBA marketplaces (44:43) The European countries you should expand into first (48:21) Mentions: Empire Flippers Podcast Empire Flippers Marketplace YLT Translations Helium 10 Data Dive Tools Sit back, grab a coffee, and learn how to adjust your Amazon listings to suit international marketplaces.

Jul 26, 20221h 3m

Ep 96How to Strengthen Your Online Business and Outlast Your Competitors With Greg Elfrink [Ep. 96]

It's been a tough year for the online business industry. Competition remains steep, aggregators are battening down the hatches, and Google algorithm updates continue to plague entrepreneurs. But Greg Elfrink, the Director of Marketing at Empire Flippers, believes that these challenges hide a plethora of golden opportunities just waiting to be seized by eagle-eyed entrepreneurs. In this episode, Greg explains how online business owners can build a moat around their businesses to help them ride out the storm and outlast the competition. He discusses how AI will impact marketing and content creation moving forward, and the best way to shield your business from pesky algorithm updates. According to Greg, "The number one thing you can do to protect your business from Google algorithm updates is to build an audience you retain. So, whether you're growing an affiliate site or an eCommerce store - build an email list. That is your biggest asset that the algorithms can't do anything about." Greg also shares his expert marketing knowledge, revealing the latest clever marketing trick that caught his attention, the bad marketing advice you should avoid, and some quick wins that will take your marketing efforts from good to great. If you're looking for the inside scoop on the current state of the online business industry, then this is the episode for you. We close out the show with an exciting announcement about the future of the podcast, so be sure to listen to the end of the episode! Topics Discussed in This Episode: The events that impacted the online business industry in 2022 (04:24) The opportunities to be found in the doom and gloom (08:17) What the online business landscape looks like for sellers (10:37) How to protect your business from Google algorithm updates (17:56) How AI will impact content creation (22:28) The most recent clever marketing strategy that caught Greg's attention (27:20) The challenges online entrepreneurs are facing at the moment (30:20) The quick marketing wins business owners can use to move the needle (33:54) Bad marketing advice you should avoid (38:23) An exciting change to The Opportunity podcast (48:28) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Descript SparkToro Affiliate World Conferences Sit back, grab a coffee, and learn about the latest industry opportunities you can take advantage of!

Jul 12, 202258 min

Ep 95How Donation Incentives Can Increase Your Conversion Rates by 20% With Andrew Forman [Ep. 95]

On the surface, discounts may seem like a great way to boost sales, but over time they erode your profits and can have a negative effect on consumers' perception of your brand. So, if not discounts, what tool can you use to entice consumers to increase their average spend? Andrew Forman believes donations are the ideal incentive. Andrew is the founder and CEO of Givz, a tool that gives eCommerce sellers instant access to hundreds of different charitable donation incentives without the endless red tape and paperwork. In this episode, Andrew explains how replacing discounts with donations increases conversion rates and boosts average order value. It also enhances customer loyalty by helping brands to be more authentic and socially conscious. According to Andrew, "Discounts hurt growth and come straight off your bottom line. More importantly, you run the risk of becoming known as a "discount brand" or becoming reliant on discounts to drive sales. Alternatively, donation incentives help to increase your average order value and drive social impact in a genuine and authentic way." Andrew shares insights into the challenges brands previously faced when partnering with charitable organizations and how this inspired him to create Givz. We also discuss how the growing demand for social impact will affect the future of eCommerce, and the various tools and techniques brands can use to meet this demand. If you want to learn how to bounce back from your discount dependency, then this is a conversation you can afford to miss out on! Topics Discussed in This Episode: Andrew walks us through his entrepreneurial journey so far (02:36) What inspired Andrew to create Givz (06:23) Andrew explains the service that Givz provides (08:17) How Givz helps businesses increase engagement, ROI, and more (16:57) The "discount drug" and why brands should move away from discounts (21:39) Various ways eCommerce brands can be more socially conscious (23:50) How the growing demand for social impact will affect the future of eCommerce (25:45) The advice Andrew wished he had when starting out as an entrepreneur (27:46) How creating Givz has changed Andrew's life (33:25) Real-world examples of how Givz has benefited businesses (38:39) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Givz Inveterate Sit back, grab a coffee, and learn how to attract new sales and increase your bottom line through the use of donation incentives!

Jul 5, 202244 min

Ep 94First-Mover Advantage: How to Own a Piece of EF Capital With Mike Vranjkovic [Ep. 94]

Online businesses are a great investment, but many people haven't been able to cash in on this opportunity because they lack the time or skills needed to effectively manage an online business. The creation of Empire Flippers Capital provided a solution to this problem, allowing investors to buy fractional shares of online businesses and gain access to this unique asset class without any of the work associated with running a business. Now, EF Capital is offering you a one-time opportunity to own a piece of EFC itself and benefit from the company's first-mover advantage. In this episode, Mike Vranjkovic, the Managing Partner of Empire Flippers Capital, joins us to discuss the rise of the online business industry, what makes it such a powerful asset class, and the inspiration behind the creation of EF Capital. According to Mike, "Our goal is to make online businesses an accessible asset class for individual investors. Empire Flippers Capital gives you online business exposure without the need for a specialized skill set, you don't need to spend time running the business, and it's an easy way to build a diversified portfolio." Mike also discusses why EF Capital is splitting from Empire Flippers, how EFC plans to spend the growth capital raised, and the rewards investors can expect to receive from investing in EFC directly. After you've listened to the podcast, check out this webinar where Mike and Empire Flippers co-founder Justin Cooke dive deeper into the EF Capital story and the details of the direct raise. Topics Discussed in This Episode: How the online business industry has changed over the last few years (05:51) Empire Flippers Capital explained (08:30) The benefits of investing in online businesses over other asset classes (09:09) The barriers to entry that EF Capital seeks to remove for investors and entrepreneurs (12:39) The results achieved from EFC's first three rounds of investments (16:36) How long investors will have to wait before seeing a return on their investment (19:09) Why EF Capital is splitting from Empire Flippers (21:56) The risks and rewards of investing in Empire Flippers Capital (28:11) Details of the raise and how EFC aims to spend the growth capital raised (31:47) The type of investors that would benefit from this investment (40:04) The effect EF Capital may have on the online business industry moving forward (43:26) Mentions: Empire Flippers Podcasts Empire Flippers Marketplace Empire Flippers Capital Direct Raise Investor Interest Form Direct Raise Deal Page Direct Raise Sales Presentation Operator Interest Form EFC Investor Relations Call Link Sit back, grab a coffee, and learn how you can own a piece of EF Capital and profit from its future growth!

Jun 28, 202252 min

Ep 93How to Beat Big Brands Using a Small Marketing Budget With Ian Barnard [Ep. 93]

Big brands have large budgets that allow them to harness the power of multiple marketing channels, from digital marketing to mass media. Small businesses rarely have this same advantage, so how can they leverage their limited budgets to compete with industry giants? Ian Barnard believes the answer lies in targeting future customers. Ian is an experienced marketing strategist and the Strategy Director at Creative Business Company, a marketing agency that helps businesses accelerate growth through the power of brand marketing. In this episode, Ian explains how big brands succeed by targeting both current and future customers, ensuring they maintain consistent demand for their products. Small businesses, on the other hand, tend to focus solely on in-market consumers. Ian reveals how small businesses can restructure their budgets to mimic the marketing strategies of big brands. According to Ian, "The optimal split for your marketing budget is to spend 60% of your money on online video brand-building campaigns. These are wide-reaching campaigns with broad messages that target future customers. Spend the other 40% on digital marketing campaigns targeting existing customers who are in-market." We also discuss how to create effective storytelling in modern advertising campaigns, how to maintain authenticity on social media, and the changes Ian foresees in the marketing landscape in the coming years. If you want to level up your marketing without breaking the bank, then this is an episode you don't afford to miss out on! Topics Discussed in This Episode: Ian walks us through his marketing journey and what he's working on today (02:42) The main marketing advantage that big brands have over smaller businesses (04:20) How small businesses can chase future customers on a limited budget (07:45) Ian walks us through the 2-4-5 digital media framework (11:41) How to create great storytelling in a modern advertising campaign (15:48) Do consumers have lower attention spans or is advertising not entertaining enough? (18:38) Why focusing on organic social media is a waste of time for small businesses (22:13) How people can leverage paid ads to boost sales (25:25) Marketing elements small businesses can put in place on a small budget (30:50) How Creative Business Company helps small businesses with their marketing (33:32) The changes Ian foresees in the marketing industry over the next few years (35:30) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Creative Business Company Creative Business Company whitepapers Born Social whitepaper Ogilvy on Advertising, David Ogilvy (1986) JWT Planning Guide, Stephen King (1974) Scientific Advertising, Claude Hopkins (1923) Good Strategy, Bad Strategy, Richard Rumelt (2011) Sit back, grab a coffee, and learn how to build a big brand on a small marketing budget.

Jun 21, 202243 min

Ep 92No-Code, No Problem: The Field Guide to No-Code Applications With Lola Ojabowale [Ep. 92]

For many years, an inability to code has held aspiring SaaS founders back from success. Now, no-code and low-code tools are lowering the barriers to entry for entrepreneurs looking to enter the software and tech industries. But what exactly are no-code and low-code solutions? In this episode, Lola Ojabowale gives us a thorough overview of this exciting technology. Lola is the founder of Lunch Pail Labs, a full-service digital product studio that helps clients research, build, and maintain platforms and apps using no or low-code solutions. Lola provides a definition of what no-code and low-code actually refer to, and outlines the skills and experience entrepreneurs will need in order to use no-code tools. We discuss the various projects no-code can be used for and the limitations and downsides of choosing no-code over traditional coding solutions. Lola also explains why she is so passionate about economic equity, and how no-code applications help to further the pursuit of this goal. According to Lola, "What's so interesting about no-code and low-code is this "permissionlessness" that it enables. Even as a non-technical founder, you don't have to have anybody's say-so or permission. And that enables more folks to empower themselves and build solutions that are authentic to themselves." If you want to dive deeper into the world of no-code, listen carefully to this conversation as Lola shares a long list of tools, educational platforms, and communities that you can use to further your no-code journey. Topics Discussed in This Episode: Lola shares insights into how she became involved with no-code platforms (03:58) An explanation of what no-code and low-code really mean (06:42) The type of projects that no code solutions could be used for (08:06) The skills and requirements needed to build no-code platforms (12:26) How LunchPail Labs assists businesses in creating no-code solutions (14:41) The downsides and limitations of no-code (18:31) Changes within the no-code space that are exciting Lola right now (23:34) The best no-code communities for beginners (26:26) The catalyst that inspired Lola to start her own business (28:10) The unique way that Lola approaches risk (33:20) Lola explains why she is so passionate about economic equity (37:43) Mentions: Empire Flippers Podcast Empire Flippers Marketplace Lunch Pail Labs Shoutout Atlanta interview Webflow Zapier Airtable No Code Founders 100 Days of No Code No Code Family No-Code Cheat Sheet Bubble GitHub CoPilot Makerpad On Deck No-Code Sit back, grab a coffee, and discover the many benefits of no-code and low-code solutions!

Jun 14, 202246 min