Buying Online Businesses for Profit With Sophie Howard
Are you still thinking about which path to take to achieve financial freedom? If you have yet to decide which way to go, or you're looking for a new business opportunity, you would want to listen to this episode with Sophie Howard.
Sophie shares what she considers the fastest lane to building passive income: buying online businesses. But how would you know which business to buy? Tune in and let Sophie walk you through purchasing online businesses for profit.
Top 3 Things You’ll Learn:
How to buy online businesses and outsource the operations
How to cross-pollinate your businesses
Top online business models and ideas
About Our Guest:
Sophie Howard started online with an Amazon business in 2013. She also launched over 1000 products and built educational programs teaching thousands of students how to sell online. A big fan of passive income streams and smart business models, Sophie stays engaged with the latest trends of what is working in online businesses.
Connect with Sophie Howard:
Website - https://www.wealthwithoutwallstreet.com/FreedomNavigator
Inner Circle LIVE 2023: August 25-27, 2023
https://go.wealthwithoutwallstreet.com/innercirclelive-2
Promo Code: PODCAST
Buy and Sell Online Businesses & Websites:
https://empireflippers.com/
Trends Newsletter Guide:
https://trends.co/guide/
Free Financial Strategy Call:
https://go.oncehub.com/Intro15M?src=youtube
Join the Community:
https://www.wealthwithoutwallstreet.com/community
Discover Your Path to Financial Freedom:
https://www.wealthwithoutwallstreet.com/passport
Turn Active Income Into Passive Income:
https://go.wealthwithoutwallstreet.com/pios
Take the Financial Freedom Analyzer:
https://wealthwithoutwallstreet.com/quiz
Apply to Join the Passive Income Mastermind:
https://www.wealthwithoutwallstreet.com/wwws-passive-income-mastermind
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4:36 - What changed in your life when you thought this was what you needed to do?
11:28 - What type of business did you buy that did not require you to be involved in that?
12:37 - Why is all of that important for the person listening? If I'm listening to this, why could I believe I could put myself in your shoes?
15:43 - What would you say is your superpower–how you see the world–that makes this a great fit for you that they can learn from?
22:02 - Why is it so important to you and to the person listening to be considering buying or running an online business?
25:06 - We've talked about three different online businesses: An Amazon business, a publishing business, and a newsletter type of business. What would you add to that as far as the main ways people make money online?
30:02 - How common is it to find a business with the operator that goes with it or with a known operation that you can lean on?
35:29 - Is that a very typical valuation that you have?
🎧 Listen Now to the full episode of the podcast here 👉
https://www.wealthwithoutwallstreet.com/podcast/buying-online-businesses-for-profit-with-sophie-howard
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