The Man Who Built a $50 Billion Website-Flipping Empire

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On this FIRST episode of Money & Power we investigate how to buy and sell online assets such as websites - in order to build a fortune.
Thomas is the CEO of FE International. He is a serial business entrepreneur and M&A expert, having built an industry-leading firm in the $1-100M global technology sector.

Thomas:   / thomassmale  
Thomas company: https://feinternational.com/

Chapter overview:
0:00 Building a $50 Billion Online Empire
1:55 How Thomas Smale got into M&A
3:47 How to start small by flipping websites
5:26 Why you should buy and not build a business
7:35 How much money you need to buy a business
8:26 How to finance buying an online business
11:08 Does website flipping still work in 2024?
13:24 How to find a great deal to buy (Flippa?)
17:00 What kind of online business you should buy
22:09 How to evaluate if you buy a good business
23:39 How to value an online business - what price to pay
26:15 Negotiation tactics for small deals
30:47 How to increase the value of the asset (YouTube rollups)
35:12 How long to hold after buying
37:23 How to sell and make a profit $$$