What It Takes To Pull The Trigger & Buy An Online Business with Jaryd Krause [Podcast]
A lot of people have planned to buy online businesses (could be you), but only a few have pursued their goals. Certain reasons stop them from taking action. But what they don’t realize is that they are also stopping their growth in life and business. For today’s podcast, let’s spin things around. Jaryd Krause will be interviewed by William Griffin. And Jaryd will share what it takes to pull the trigger and buy an online business. Jaryd is a serial entrepreneur who helps people buy online businesses so they can spend more time doing what they love with who they love. He’s helped people buy and scale sites all the way up to 8 figures, from eCommerce to content websites. William and Jaryd discussed things to consider when buying an online business, such as when should you quit your job when buying an online business? Why do people who measure time in order to succeed most often fail? And what metric should you actually measure to achieve success? They also discussed how to figure out what you NEED to sacrifice in order to achieve financial independence? How do you set yourself up with certain anti-rewards that drive you toward your goals? And what are the certain habits that lock people into failure? Lastly, we talked about how glory stories, peer pressure, and certain environments are breeding grounds for failure and how to escape them. If you’ve been wanting to buy an online business but feel stuck, then watch this video to build your entrepreneurial mindset! Episode Highlights 02:19 What are the types of people that buy from online businesses? 04:20 What do people think about Starting vs. Buying an online business? 10:15 What are the “costs” of buying an online business? 19:31 Why can't you just give up a habit? 21:48 Should you quit your job, and if so, when? 24:33 The steps before starting due diligence Key Takeaways ➥ People do find relief after knowing that they can actually buy an online business that’s already generating income instead of starting one. ➥ In life, in order to achieve your goal, you need to sacrifice something. The same goes when it comes to buying an online business and growing it. You need to put work into it. ➥ When you just bought your online business, it’s better to keep your job until such time that your business is sustainable. About The Guest Jaryd Krause is a serial entrepreneur who helps people buy online businesses so they can spend more time doing what they love with who they love. He’s helped people buy and scale sites all the way up to 8 figures, from eCommerce to content websites. He spends his time surfing and traveling, and his biggest goals revolve around making a real, tangible impact on people's lives. Resource Links ➥ Buying Online Businesses Website (https://buyingonlinebusinesses.com) ➥ Download the Due Diligence Framework (https://buyingonlinebusinesses.com/freeresources/) ➥ Sell your business to us here (https://www.buyingonlinebusinesses.co/sellyourbusiness) ➥ Get 1-1 voice note coaching with Jaryd (https://app.coachvox.com/profile/jaryd-krause) ➥ Empire Flippers (Website Broker) - https://bit.ly/3RtyMkE ➥ Cloud Ways (Website Hosting) - https://bit.ly/40tjyjG ➥ Non Agency (Content Writing Packages that we use) - https://bit.ly/3YurU9g See omnystudio.com/listener for privacy information.