Acquisition Success: Buying an Ecommerce Business That Is Outside of Your Budget

Victory Lap after a $30MM Acquisition

Acquiring a business takes skill, and perhaps more importantly, determination and grit.  Successful acquirer Bakari Akil, shares his personal journey into the world of business acquisitions, tactical insights into how he approaches deals, and stories from the trenches.  Tune in to be inspired to take the leap into the journey of acquiring a business. Follow Kenna: @kennacraver [https://www.instagram.com/kennacraver/] Contact Bakari: @bakariakil [https://www.linkedin.com/in/bakariakil/] Want guidance and support on your journey to buying an online business?  ⁠Apply to work with Kenna here [https://aa.theentrepreneurcheatcode.com/bookacall]⁠.

Acquisition Success: Buying an Ecommerce Business That Is Outside of Your Budget

In today's episode, I talk with a student enrolled in my coaching program and mastermind. He recently acquired an ecommerce business and shares his acquisition journey. Here's a few things we discuss: * What made him consider buying a business * How long did it take to find and close a deal * What his criteria was when searching for a business to buy * His mindset when approaching negotiations * Working with the seller post-close * How it feels to accomplish his goal You can find me and learn more about my coaching program below. Instagram [https://www.instagram.com/kennacraver/] The Entrepreneur Cheat Code [https://ecommerceacquisitions.co/]

She bought an ecommerce business in 30 days

If you're wondering how long it can take to acquire an ecommerce business, this one's for you. Lorie enrolled in my program The Entrepreneur Cheat Code two months before recording this episode.  As a result, she acquired an ecommerce business within 30 DAYS! Listen in to learn about why she decided to buy an online business instead of starting one, how she approached her search process, and how she plans to grow her new business. Follow me: Instagram: @kennacraver Twitter:  @kennacraver Tiktok: @kenna.craver

Buying and Building Youtube Channels with William Beaird

Have you ever wanted to own a profitable Youtube channel?  In the world of business acquisitions, buying online businesses is becoming increasingly popular.  Whether you're buying ecommerce brands, content sites, or software companies, the opportunities are endless. This episode features an interview with William Beaird.  He is a man of many talents with a background in marketing, trading, consulting, and investing. In this episode, we discuss his current investing strategy of buying and building Youtube channels. William dives into how to automate a Youtube channel, how to prepare your channel for an exit, and the key metrics buyers should perform due diligence on for a potential channel acquisition. Check out William's Youtube Automation Playbook here [https://youtubeautomationplaybook.com/playbook]. And if you're interested in buying an ecommerce business, be sure to check out my upcoming workshop here [https://theentrepreneurcheatcode.co/products/business-acquisition-workshop].

Buying a business with little to no money

One of the main questions I get asked about buying a business is how to obtain financing.  In this episode, I cover a few financing options available and various ways that you can structure a deal. Enrollment for Acquisition Accelerator is now open. Acquisition Accelerator is an exclusive, three month accelerator program with a strategic blend of coaching, accountability, and masterminding with me and other high-level entrepreneurs. It is designed to help you skip the overwhelm of launching and go straight to owning a business that gives you revenue right away. Learn more by clicking https://calendly.com/d/yxh-rgr-sd3 [https://calendly.com/d/yxh-rgr-sd3] Find me online: >> Instagram/Twitter: @kennacraver >> Tiktok: @kenna.craver