With marketplaces like Flippa, you can purchase and run existing, proven businesses instead of growing your own from the ground up.
But, just like buying anything else that's pre-owned, you're taking a gamble on what you actually get. In Riad Bekhit's case, his bets paid off.
Hear how Bekhit went from running a dropshipping business to taking a risk on Potato Parcel, a store he bought on Flippa that delivers potatoes to a person of your choice that customers can customize with personalized messages.
What others thought was a bad investment in a dying fad continues to generate over $20K in sales every month.
In this episode, you'll learn:
- Why purchase price isn’t the only thing that matters when selling a business.
- What to look for when evaluating a business to buy on Flippa.
- How an "ambassador program" can help you control the competition.
Listen to Shopify Masters below…
About The Author
Felix Thea is the host of the Shopify Masters podcast, the ecommerce marketing podcast for ambitious entrepreneurs, and founder of TrafficAndSales.com where you can get actionable tips to grow your store’s traffic and sales.