In this special podcast episode, Jaryd dives into the impact of recent Google updates on online businesses and explores strategies for acquiring and growing profitable online businesses. Join us as Jaryd discusses the evolving landscape of online entrepreneurship and uncovers valuable insights for making money online amidst algorithmic changes.

Episode Highlights

03:40 Why do people hate Google updates?

15:40 Your audience wants quality content!

25:50 Create multiple sources of traffic

39:30 You can make money online in different ways

49:20 Facebook Ads is way better now

Key Takeaways

➥ Jaryd emphasizes the importance of not relying solely on Google for traffic and revenue, highlighting the need to adapt and diversify strategies in response to Google's algorithm changes.

➥ Jaryd suggests that Google's algorithm updates are targeting content sites that prioritize ad revenue and affiliate earnings over providing genuine value to users. He explains that Google is favoring e-commerce businesses that genuinely serve customers' needs throughout their journey. He also advocates transforming content sites into legitimate businesses focused on serving users effectively.

➥ Jaryd encourages the listeners to align their goals with the desired outcomes of financial independence or increased flexibility, emphasizing that content sites are not the only pathway to achieving these goals. He highlights the evolving landscape of online business and the need for flexibility in approach to adapt to changes in search engine algorithms and online platforms.

About The Host

Jaryd Krause is a serial entrepreneur who helps people buy online businesses so they can spend more time doing what they love with who they love.

He’s helped people buy and scale sites all the way up to 8 figures, from eCommerce to content websites.

He spends his time surfing and traveling, and his biggest goals revolve around making a real, tangible impact on people’s lives.

Resource Links

➥ Buying Online Businesses Website - https://buyingonlinebusinesses.com

➥ Download the Due Diligence Framework - https://buyingonlinebusinesses.com/freeresources/

➥ Sell your business to us here - https://buyingonlinebusinesses.com/sell-your-business/

➥ Surfers SEO (SEO tool for content writing) - https://bit.ly/3lINGaV

➥ Ezoic (Ad Network) - https://bit.ly/3NuVR5P

🔥Buy & Sell Online Businesses Here (Top Website Brokers We Use) 🔥

➥ Empire Flippers - https://bit.ly/3RtyMkE

➥ Flippa - https://bit.ly/3WYX0Ve

➥ Motion Invest - https://bit.ly/3YmJAmO

➥ Investors Club - https://bit.ly/3ZpgioR

*This post may contain affiliate links, so we may earn a small commission when you make a purchase through links on our site/posts at no additional cost to you.

See omnystudio.com/listener for privacy information.

Have you thought of owning an online business like an e-commerce brand? Here’s your chance to learn more about the evolving landscape of running an online business.

In this captivating episode, we dive into the inspiring journey of John Chen, who turned a modest investment of $7,500 into a thriving e-commerce brand valued at $500K. John Chen has bought 2 online businesses from Flippa and sold 1. Both being in the e-commerce business, he knows a lot about scaling and exiting e-commerce. Join us as John shares his strategies and lessons learned along the way, offering advice for aspiring entrepreneurs looking to navigate the world of e-commerce.

They discussed the business he bought, scaled and sold, how much he bought it for, and how much he sold it for? Why did he sell it? What did he do to grow the business? What did he learn about scaling businesses that he shared with us and also implemented in his other businesses?

If you want to know how to buy, scale, and exit an e-commerce brand, tune in to this episode!

Episode Highlights

02:15 - The first business John bought

06:30 - How much did he buy it for?

14:33 - Strategies in scaling an e-commerce brand

19:50 - The process of selling an online business

32:20 - Why did John sell his online business?

Key Takeaways

➥ John emphasizes the importance of due diligence in understanding the business's finances.

➥ After discovering that a significant portion of sales came from personal connections, John focused on scaling the business through digital marketing strategies, primarily leveraging Facebook ads. He experimented with various methods before finding success with Facebook advertising and refining product-market fit.

➥ John advises potential sellers to focus on building a valuable business with reliable and recurring revenues, emphasizing factors that make a business attractive to buyers. He stresses the importance of understanding what buyers seek and being prepared to demonstrate the value of the business during negotiations.

About The Guest

John has bought 2 online businesses from Flippa and sold 1. Both being in the e-commerce business, he knows a lot about scaling and exiting e-commerce.

Connect with John Chen

➥ https://amplifycapital.us/

Resource Links

➥ Sell your business to us here - https://buyingonlinebusinesses.com/sell-your-business/

➥ Buying Online Businesses Website - https://buyingonlinebusinesses.com

➥ Download the Due Diligence Framework - https://buyingonlinebusinesses.com/freeresources/

➥ GoDaddy (Website Hosting & Buying Domains) - https://bit.ly/3YiRkWV

➥ Ezoic (Ad Network) - https://bit.ly/3NuVR5P

➥ Active Campaign (Email Software Provider) - https://bit.ly/3DCwYQH

🔥Buy & Sell Online Businesses Here (Top Website Brokers We Use) 🔥

➥ Empire Flippers - https://bit.ly/3RtyMkE

➥ Flippa - https://bit.ly/3WYX0Ve

➥ Motion Invest - https://bit.ly/3YmJAmO

➥ Investors Club - https://bit.ly/3ZpgioR

*This post may contain affiliate links, so we may earn a small commission when you make a purchase through links on our site/posts at no additional cost to you.

See omnystudio.com/listener for privacy information.