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March 6th, 2023

From Plumber to Buying & Selling Online Businesses with Jaryd Krause

  1. From Plumber to Buying & Selling Online Businesses with Jaryd Krause Jon Stoddard 49:14

Being a Plumber to Buying & Selling Online Businesses (4 to be exact)  and now teaching others to do the same.  Jaryd also helps his students scale their acquisitions – while only working 20 hours a week.   The rest of the time he is doing a lot of traveling and surfing in between Coaching

SHOW NOTES:
00:00 Intro 
01:13  Wanted to be wealthy but not academically smart enough s0…plumbing
03:01  Saw the rich life, the frustration, drinking too much and the call to adventure
04:55   In Egypt,  typed into google' “how to make Money online”
06:14  1st Acquisition – membership site to a database of wholesalers
08:53   How 1st Acquisition preformed financially
09:25   Saving the lessons learned
10:38   2nd acquisition – custom made suits from Asia  guaranteed fit
14:42   3rd acquisition – hanging egg chairs: big order customer fraud & supplier issues 
23:21   Becoming a coaching to help others buy a business – only worked when he charged $$$
29:00   Why do students spend money on business buying courses but never buy one
32:00   Size of business he targets $50k to $500k  – don't buy another job & scaling
39:20   How he helps scale – listening – business is screaming help me Jaryd
43:33   The business Sorting hat – make it so dam hard for employees to mess it up 
46:10  The funny thing about getting “experience”
47:40  Down to 20 hours a week.  

Acquiring businesses, teaching entrepreneurs how to acquire businesses and helping entrepreneurs scale businesses through acquisitions and marketing. Jon is adept at negotiation, marketing strategy, structuring and funding of mergers and acquisitions IPOs and exit strategies.