Are you someone who lost a job due the ongoing pandemic and want to try out an entrepreneurial journey? Then you should check out Kyle’s inspiring story. This episode may cast out your doubts about online businesses and go try it yourself.
Jaryd had a chance to speak with Kyle who is an experimental psychologist turned business owner and investor. He lost his job during the pandemic in 2020 and changed his life through his first business acquisition and going on to become the founder and CEO of a larger organization.
We have discussed how he lost his job from the pandemic and bought the business, what type and how much for, what the multiple was and what is the income per month and what we did to grow it (without too much work).
We also talked about how much he sold it for, what he made from the flip and from holding it for 18 months.
Last but not the least, Kyle will share his amazing insights about what he learnt during the process of website flipping.
Surely, Kyle’s lessons are something you don’t want to miss if you are a first time buyer.
This is an inspiring podcast episode you will love to hear. Tune in now!
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Episode Highlights00:00 What you’ll learn in this episode
02:23 Niche website builder
03:10 What kind of business Kyle purchased?
08:17 Process & Results
14:41 How many hours did you invest?
15:17 When did you sell your business?
17:28 Monthly income & Profit
21:51 Kyle learned a lot
27:55 Due diligence takes time
30:56 What’s next?
35:42 Kyle has advice for you!
40:21 Thank you for listening
Kyle is an experimental psychologist turned business owner and investor. He lost his job during the pandemic in 2020 and changed his life through his first business acquisition and going on to become the founder and CEO of a larger organization.
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