EP05: There are Many Ways to Make Profits When Buying Online Businesses, But Only One Way to Lose Money Buying Online Businesses with Michael Bereslavsky

SHOW NOTES:
 
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.
 
GUEST BIO:
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
 
Enjoying our podcast? Support us by leaving us a review on iTunes or on your favorite podcast app.