On the fifth episode of The Domain Magnate Show, Michael shared his tips from over a decade of experience in buying and selling profitable online businesses. Michael discussed what’s the top reason why buyers are losing money on their first deal.
Michael Bereslavsky is the founder and CEO of Domain Magnate. He’s been involved in various internet-based businesses since 2004 and quickly graduated from building, promoting, and monetizing websites to buying and selling them. With over a decade of experience, Michael and Domain Magnate has managed 300+ successful deals.
SKIP TO THE GOOD PARTS:
00:15 - 01:26 - Why do most people lose money in their first deal?
05:14 - 8:50 - Things to look into when buying an online business.
8:50 - 16:03 - Assessing the risks
18:20 - 19:44 - Thinking ahead
SHOW TRANSCRIPT: VIEW ON OUR WEBSITE
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