How To Start Buying & Flipping Small Saas Businesses with Andrew Pierno

Are you thinking of owning a Saas business? Sure it is a great business and can be very passive. But, are equipped with the right tools and knowledge in doing due diligence before acquiring it? 

For today’s podcast, I interviewed Andrew Pierno about buying and flipping small SaaS businesses. Don’t skip this episode. Andrew will share his expertise that could be life-changing for you!

Andrew is a UC Berkeley grad. He has built 3 profitable companies, exited 1 and currently acquires small saas companies at XO Capital. XO has done 7 acquisitions to date and is on target for $1M in revenue in 2023.

We had a discussion about why startups are so hard and why Andrew started buying SaaS businesses? What type of businesses Andrew wants to buy and why? And what to look for during due diligence? 

We also discussed the cost of owning a small SaaS business. How to do software due diligence and why do you need a dev to partner with? And where Andrew finds deals and where to sell them. 

Lastly, Andrew shared the deals that he has passed on. You should listen to Andrew’s point of view and avoid being in a tricky situation. 

Owning a SaaS business could change your life. Tune in to this episode and discover how you can start buying and flipping SaaS businesses!

Episode Highlights

05:48 Why buying Startups is a no-brainer?

13:22 What are the things to look out for in SaaS software due diligence?

22:15  Why owning a SaaS business is risky?

24:15 Flipping vs. Keeping - What are Andrew's goals with his businesses?

29:57 Where does Andrew find online businesses to buy?

31:20 Where can you find Andrew?

About The Guest

Andrew is a UC Berkeley grad. He has built 3 profitable companies, exited 1 and currently acquires small saas companies at XO Capital. XO has done 7 acquisitions to date and is on target for $1M in revenue in 2023.

Resource Links

➥ Buying Online Businesses Website (https://buyingonlinebusinesses.com) 

➥ Download the Due Diligence Framework 

(https://buyingonlinebusinesses.com/freeresources/)

Connect with Andrew Pierno:

➥ https://twitter.com/andrewpierno 

➥ https://linkedin.com/in/andrew-pierno

➥ https://xo.capital

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