Today I am thrilled to have Coran Woodmass who is the founder of theFbabroker.com and private investor with e-commerce companies. Coran is originally from Australia and now lives in Prague.
In this episode, Coran talks about how he got a start in buying and selling e-commerce companies and should an e-commerce company sell their business or not.
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Learn
- How did Coran get his start in e-commerce?
- Should you build FBA business to sell?
- How does Thefbabroker value FBA business?”
- Favorite business book – Snowball, Total Recall, Shoe Dog
- If you would have focused on one thing in order when he had started his business, what would it be? Trust instincts and follow trends
- What is your favorite online tool? Helpscout
Show Notes
00:00 – Intro
00:19 – Introducing Coran Woodmass
00:35 – Welcome
00:39 – How did Coran get his start in e-commerce and internet marketing?
02:49 – How long did it take Coran to start an e-commerce business and then go on to sell it?
03:10 – Should somebody sell their business or keep it for a long term?
09:16 – Amazon FBA business in comparison to e-commerce
12:58 – How to value an FBA business?
17:39 – Who are buying these businesses?
23:59 – Revenue model
27:29 – FBA business price guide
29:27 – TOP3
Key links
Website: thefbabroker.com
LinkedIn: https://www.linkedin.com/in/coranwoodmass/
Instagram: https://www.instagram.com/coranwoodmass
Email: sales@thefbabroker.com
FBA business price guide: FBAbusinesspriceguide.com
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