WCI #77: Investing in Online Businesses - An Interview with Gregory Elfrink from Empire Flippers

Oct 25, 2018

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INSIGHT

Small Market Size

The online business market is relatively small, with many entrepreneurs unaware of selling possibilities.
Many online business models, like Amazon FBA, are still new, limiting market size and historical data.

INSIGHT

Common Business Models

Content and e-commerce sites are the most common online business models.
Other models include SaaS, apps, Merch by Amazon, and Kindle publishing.

ADVICE

Investing in Online Businesses

Invest in online businesses for potentially higher returns and more control than traditional investments.
Be prepared to learn the necessary skill sets to manage and optimize the businesses.

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Investing in online businesses is a relatively new asset class for most investors. But can be a great place to invest some of your portfolio. If you ever wondered how do you invest in websites this episode is for you. Gregory Elfrink from Empire Flippers walks us through the process of buying an online business and gives us the ins and outs of this asset class.

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