“There is a famous saying isn't there, you always start out with the end in mind. And I guess that is very relevant to anyone listening to this podcast because we're all in business. I think that advice would flow through to even to all bricks and mortar businesses as well. What does a potential exit look like? Who would we sell it to? And how do you value it? And then what do I need to do? What we find is when people start thinking about, even if they don't want to sell now and the next five years, but when their mind is on the exit, they naturally create a far better business.”
Matt Raad Top Five Tips For Buying Websites For Income & Assets
1. Understand that buying and selling websites for an income is a real thing.
2. Start out small.
3. Stick to content sites.
4. Learn how to do proper due diligence.
5. Always have an exit strategy in mind.
TIME STAMP SUMMARY
01:29 What exactly does Matt do?
06:51 The benefits of starting small.
12:03 You don’t need to know everything to make it work.
23:30 Starting at the end to master the beginning.
Where to find Matt?
Website https://ebusinessinstitute.com.au/
LinkedIn https://www.linkedin.com/in/matt-raad
Matt Raad Bio
Matt Raad has used a very unconventional method to create financial freedom in his lifetime, starting with nothing and building a high cash flow portfolio through buying and selling businesses. He and his wife Liz are website investors, which means they use digital assets to generate cashflow and build wealth. They were one of the first in the world to buy, build and renovate websites, a strategy they now teach beginners to reach 6 and 7-figure incomes.
Matt will share his insights into his journey as a successful entrepreneur and investor, starting out a zoologist with his wife Liz, buying their first business, expanding into multi-million-dollar mergers and acquisitions, transitioning to tech and the digital world, and how they successfully worked together as a team for the last 27 years. Their mission is to inspire people and help them replace their incomes with more leveraged, high cash-flow, location independent digital skills.
When he is not researching & talking about high cashflow websites you will find him out riding his mountain bike with Liz or training for Ninja Warrior/CrossFit with his kids.