30 episodes

Buying online businesses is enticing for many people, but it’s also frequently misunderstood. At Domain Magnate, we’ve completed hundreds of deals over the past 15 years and learned a few hard lessons along the way. Now we can spare you that trouble. Each week, we feature leaders in the field and discuss the nuances of profitable deal making - from sourcing and due diligence to negotiation, deal structure, and exit strategy. Whether you’re just getting started or you’re a professional looking for fresh insight, we invite you to join us as we explore the topics that matter most to your success in this exciting, rapidly evolving space. Visit our website to learn more: https://domainmagnate.com

The Domain Magnate Show Michael Bereslavsky

    • Investing

Buying online businesses is enticing for many people, but it’s also frequently misunderstood. At Domain Magnate, we’ve completed hundreds of deals over the past 15 years and learned a few hard lessons along the way. Now we can spare you that trouble. Each week, we feature leaders in the field and discuss the nuances of profitable deal making - from sourcing and due diligence to negotiation, deal structure, and exit strategy. Whether you’re just getting started or you’re a professional looking for fresh insight, we invite you to join us as we explore the topics that matter most to your success in this exciting, rapidly evolving space. Visit our website to learn more: https://domainmagnate.com

    EP29: Richard Patey and Michael Bereslavsky discuss Due Diligence for First Time Buyers

    EP29: Richard Patey and Michael Bereslavsky discuss Due Diligence for First Time Buyers

    In this episode of the Domain Magnate show, Michael speaks with website investor Richard Patey. Richard gives advice on selling sites and discusses with Michael how to fix the common mistakes a first-time seller can make. 
    GUEST BIO:
    Richard Patey is an online entrepreneur. He started his first business in 2009 after quitting his job and made a living off selling his SEO and WordPress website services. He went from niche to niche until he realized how investing in these websites had their own bright world and from then on offered his services under Flipping Websites which he also sold later on. He currently owns and runs Website Investing Publication that helps provide much-needed information and keeps investors up to date on relevant digital news while continuing to build his portfolio of sites he continues to operate.
    SKIP TO THE GOOD PARTS:
    0:09-1:20 Michael welcomes Richard and gives a quick introduction
    1:21-3:39 They talk about acquiring sites for consultants
    3:40-10:05 Diving deeper into the deals process
    10:06-13:28 Tying together podcasting and specialty
    13:29-41:37 Common mistakes for first-time buyers
    41:38-46:41 Selling starter sites
    46:42-51:03 Richard shares about his growing newsletter
    51:04-52:32 How to reach out to Richard
    SHOW TRANSCRIPT: [[VIEW ON OUR WEBSITE]]

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    • 52 min
    EP28: Mark Daoust from Quiet Light Brokerage on Closing $70M in Deals Last Year

    EP28: Mark Daoust from Quiet Light Brokerage on Closing $70M in Deals Last Year

    In this episode of the Domain Magnate show, Michael speaks with Mark Doust, the CEO, and founder of Quiet Light Brokerage. They speak about Mark's journey into Quiet Light Brokerage, how it grew, and is thriving to this day. Plus tips and perspectives for buyers and sellers in the acquisition business.
    GUEST BIO:
    Mark Daoust is a business owner, guest author for numerous publications, and frequent presenter at top conferences. He is the CEO and founder of Quiet Light Brokerage. Mark started an online publication before Quiet Light Brokerage and has experience in growing a six-figure subscriber base. Since 2007 he continues to help multiple small business owners achieve their goals and is currently still expanding his own team today.
    SKIP TO THE GOOD PARTS:
    0:09 - 8:05  The beginnings of QuietlightBrokerage
    8:06 - 14:12 Mark recounts the biggest deals he's made
    14:13 -21:23 Potential pricing and Commission structures
    21:24 - 23:12 Mark shares his main source of clients
    23:13 - 30:55 Michael & Mark on entrepreneurial burnout
    30:56 - 41:44 Referrals and changes in the industry
    41:45 - 47:16 Advice for new investors and buyers
    SHOW TRANSCRIPT: [[VIEW ON OUR WEBSITE]]

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    • 48 min
    EP27: Managing an 8 figure Ecommerce Portfolio with Ronnie Teja

    EP27: Managing an 8 figure Ecommerce Portfolio with Ronnie Teja

    In this episode of the Domain Magnate show, Michael chats with Ronnie Teja, the Founder of Branzio.com  They discuss the current state of eCommerce in the digital world and how to manage an 8-figure business.
    GUEST BIO:
    Ronnie Teja is the Founder and CEO of Branzio. He currently owns and operates this flourishing eCommerce business that focuses on selling watches among other niches that are still moving for expansion today. He has been doing business from the time he moved to Canada in 2008 and has been trusted in the field ever since. With over 15 businesses on hand and a remote team of 30 people, Ronnie has his hands full on managing the company and continues to grow businesses to this day.
    SKIP TO THE GOOD PARTS:
    0:10 - 1:02  Michael and Ronnie talk about his role in business
    1:03 - 2:37  Ronnie shares how he manages his goals
    2:38 - 4:44 Where did these companies come from?
    4:45 - 6:Ronnie recalls the best deals he's made
    6:57 - 9:40  They discuss the approach to buying eCommerce businesses
    9:46 - 23:21 Onboarding new business
    23:22 - 29:44 How business is growing currently in this time
    29:45- 44:39 Strategies on managing Ronnie's eCommerce business
    44:40- 47:02 Ronnie recounts his favorite travels
    47:03- 48:18 advice on eCommerce due diligence
    SHOW TRANSCRIPT: [[VIEW ON OUR WEBSITE]]
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    • 49 min
    EP26: Meet Our Team at DealFlow Brokerage Responsible for over $50M in Deals

    EP26: Meet Our Team at DealFlow Brokerage Responsible for over $50M in Deals

    In this episode of the Domain Magnate Show, we tune in to meet the team behind Dealflow Brokerage and are also provided with some advice for buyers and sellers and a quick view of the industry. 
     
    SKIP TO THE GOOD PARTS:
    0:10 - 5:28  Meeting the Domain Magnate team.  8:13 - 9:40  Considering Dealflow Brokerage over other M&A Advisors.  9:46 - 11.59  Advice from the team for planning your company's exit plan.  
    SHOW TRANSCRIPT: [[VIEW ON OUR WEBSITE]]

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    • 13 min
    EP25: Closing a $10M Deal with Eric Owens from AppBusinessBrokers.com

    EP25: Closing a $10M Deal with Eric Owens from AppBusinessBrokers.com

    In this episode of the Domain Magnate show, Michael chats with Eric Ownes, the Founder of AppBusinessBrokers.com. They discuss current trends in the mobile app market, when it is a good time to sell a mobile app, and more.
     
    GUEST BIO:
    Eric is the founder and CEO of AppBusinessBrokers.com and has been successfully brokering Internet businesses since 2004 and doing online business since 1997. His engineering background and attention to detail, combined with his systems thinking and ability to understand key aspects of each business, puts him at the top of the elite when putting deals together. Having started, grown, and sold numerous businesses, Eric has an impeccable reputation for efficiency, speed, and integrity making him one of the most trusted and sought after business brokers in the world.
     
    SKIP TO THE GOOD PARTS:
    1:09 - 1:36 -  Michael and Eric chat about the kinds of sales APP Business Broker has brought in.  4:00 - 6:07 - Eric brings in a $10 million dollar deal.  6:50 - 8:43 -  Eric shares about his most memorable sale yet.  25:09 - 26:20 -  Seeing more buyers than sellers after COVID. 27:48 - 29:40 -  Eric gives advice to those buying and selling businesses.  39:31 - 41:29 - Thoughts on an evolving industry.  
    SHOW TRANSCRIPT: [[VIEW ON OUR WEBSITE]]

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    • 54 min
    EP24: Flippa’s CEO Blake Hutchison on Industry Trends and Deals

    EP24: Flippa’s CEO Blake Hutchison on Industry Trends and Deals

    In this episode of the Domain Magnate show, Michael chats with Blake Hutchinson, the CEO of Flippa. The #1 platform to buy and sell sites, stores apps and digital properties. Tune in as they talk about the effects they’ve seen due to COVID, changes they predict in the marketplace and the new exciting features at Flippa.
     
    GUEST BIO:
    Blake Hutchison is the current CEO of Flippa. Under his direction, Flippa has undergone great strides in improving the processes, experience, and security measures of the marketplace. Before joining Flippa, Blake developed an impressive executive track record at global brands like Xero, Good44, Luxury Escapes, and Lonely Planet.
     
    SKIP TO THE GOOD PARTS:
    1:29 - 2:46  Blake elaborates a bit more on Flippa’s new Mantra.  7:00 - 11:18  Michael and Blake chat about changes they’ve seen in prices due to COVID-19.  11:37 - 16:19 Blake talks about new features and changes at Flippa  21:46 -23:03 Blake gives advice to new buyers coming into the marketplace.  
    SHOW TRANSCRIPT: [[VIEW ON OUR WEBSITE]]

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    • 23 min

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