Welcome back to another episode of the Richer Geek podcast. Today we have Blake Hutchison. He's the CEO of flippa.com flipa.com. It is the world's largest marketplace to buy and sell online businesses. He leaves the teams to build-out a product empowering exit and ownership for business owners and entrepreneurs globally. before running Flippa, Blake held leadership roles across multiple fast-growth tech businesses, across e-commerce and SaaS.

 

In this episode, we’re discussing…

 

·       [3:13] Blake's entrepreneurial journey and background

 

·      [5:31] Overview of Flippa as the top marketplace for buying and selling digital assets

 

·        [6:46] Criteria for selling a blog or online business on Flippa

 

·    [9:49] Importance of age, revenue, and traffic in selling digital assets

 

·         [10:13] Discuss the "buy, fix, and hold" strategy

 

·          [13:16:] Services and deal room on Flippa for business buyers

 

·      [16:09] Importance of market research and analysis before buying a business

 

·       [18:03] Insight into building and scaling businesses today

 

·     [23:42] Book recommendations: "Black Box Thinking" and "The Hard Thing About Hard Things."

 

Resource from Blake

Flippa | Blake Linked In

 

Resource from Mike and Nichole

Gateway Private Equity Group | Nic’s guide