Entrepreneurship Reimagined: Buy, Don't Build

Think you have to start a business to be an entrepreneur? Think again. Today we’ll discuss how you can buy existing businesses instead of starting from scratch. Launch Your Business is presented by Comcast Business. With Comcast Business it's not...

Show Notes

Think you have to start a business to be an entrepreneur? Think again. Today we’ll discuss how you can buy existing businesses instead of starting from scratch with Spencer Haws.

Launch Your Business is presented by Comcast Business. With Comcast Business it's not just possible, it's happening. Comcast Business - Powering Possibilities. Learn more at https://business.comcast.com.

4:21 – Introductions

6:02 – Why two midwestern dads bought a “mom blog”

7:45 – How Spencer and his business partner found the initial website to buy

9:50 – How to do due diligence on a website

11:00 – The challenges of sponsored content

12:30 – Other potential challenges to look out for

15:13 – A moment of doubt

17:29 – Deciding to sell

19:32 – The model of buying and selling websites

20:58 – Choosing businesses that work with a family-centered lifestyle

Connect with our guest

Spencer’s website: nichepursuits.com