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Buying Online Businesses with Michael BereslavskyAuthor: Michael Bereslavsky
Buying online businesses is enticing for many people, but it's also frequently misunderstood. At Domain Magnate, we've completed hundreds of deals over the past 15 years and learned a few hard lessons along the way. Now we can spare you that trouble. Each week, we feature leaders in the field and discuss the nuances of profitable deal making - from sourcing and due diligence to negotiation, deal structure, and exit strategy. Whether you're just getting started or you're a professional looking for fresh insight, we invite you to join us as we explore the topics that matter most to your success in this exciting, rapidly evolving space. Visit our website to learn more: https://domainmagnate.com Language: en Genres: Business, Entrepreneurship, Investing Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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EP71: Shlomo Freund on Buying Websites and Doing Business in China
Episode 71
Friday, 31 January, 2025
Schlomo Freund shares his journey from a traditional background to becoming a successful entrepreneur. He discusses his early ventures, including day trading as a child and affiliate marketing as an adult. Schlomo elaborates on his experiences in China, where he started a business helping foreign companies navigate the Chinese app market. He also touches on his transition to financial coaching and investing in digital assets. The conversation concludes with insights into his traveling lifestyle with his family and the challenges and benefits of homeschooling. 00:00 Introduction to Schlomo Freund's Journey 02:33 Early Entrepreneurial Ventures and Influences 05:00 Affiliate Marketing and Initial Successes 07:58 Exploring Dropshipping in Nepal 10:23 Navigating Business in China 12:41 Starting a Company in China 15:25 Challenges of App Distribution in China 17:45 Understanding the Chinese App Market 20:25 Hiring and Managing in China 23:24 Exiting the Company and New Ventures 25:41 Transitioning to Digital Asset Investments 31:11 The Journey of Financial Coaching 34:37 Investment Strategies and Experiences 36:18 Acquiring Content Websites 39:43 Leveraging Digital Assets for E-commerce 50:01 Traveling and Homeschooling with Family
