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.

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 $$$