Flipping Businesses with Gregory Elfrink

May 16, 2022

Melanie Johnson & Jenn Foster owners of Elite Online Publishing, interview Gregory Elfrink on how to take a business and sell it for up to 58 times cash flow.

Listen Below:

Watch Below:


Click here for access to all of Elite Expert Insider podcasts.

What You’ll Learn in this Episode:

  • How to sell your own business.
  • How to have an SOP for your business.
  • How to know when to buy a business.

Quotes:

“I always challenge entrepreneurs to ask, are you the most useless person on your team? Because from a valuation perspective, that means you are building a machine that’s running with or without you.” (7:21)

“The first things I tell any new buyer is ask what are your goals? What are you trying to achieve? Are you buying a business because you want to be a lifestyle entrepreneur on the beaches of Thailand? Or are you looking to like scale, a massive startup in Austin?” (15:59)

“Probably the easiest business to buy in terms of running and cashflow would be a content site that’s monetized through display ads. So that would be like Google Adsense, where people click the ad and you make a little bit of money.” (25:05)

About Gregory Elfrink:

Born in Anchorage, Alaska, Gregory joined Empire Flippers in 2016 as their Content Manager. Now as Director of Marketing, his goal is to take Empire Flippers more mainstream as an M&A brand, and to help investors see the power of digital assets, while helping sellers have life changing exits. In his free time, he moonlights as a novelist and loves sci-fi & fantasy.

Learn what your business is worth using our valuation tool (you might just be surprised!)

Learn More Here

Leave a Rating & Review:

If you found value from this podcast, please support us by leaving a rating and review on iTunes! Each review is read personally, and we would love your feedback! Thank you in advance.

Click here to view the podcast! Click “Listen on Apple Podcasts,” then “ratings and reviews,” and you will see the button to “write a review.”

Don’t forget to SUBSCRIBE on iTunes and YouTube, so you never miss an episode.

Video URL: https://youtu.be/zH0rpu1okTI

Website: https://EliteOnlinePublishing.com

Blog Archives

Categories

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Related Posts

[Book Release] Prove Them Wrong by Dre Evans

[Book Release] Prove Them Wrong by Dre Evans

We are excited to announce the new book by Dre Evans, Prove Them Wrong: Defying All Odds - How a Triplet Survived a Chicago Gang and Graduated from the U.S Naval Academy. TODAY, the Kindle eBook is on sale for only 99 cents. Head over to Amazon and order your eBook...

read more
Investing In The Keys To Success with Dre Evans

Investing In The Keys To Success with Dre Evans

Jenn Foster and Melanie Johnson co-owners of Elite Online Publishing, interview Dre Evans about how investing in multi family real estate will lead to your success.  Listen Below: Watch Below:  Click here for access to all of Elite Expert Insider podcasts. What...

read more
How To Price Your Kindle Book

How To Price Your Kindle Book

An important decisions to make when releasing a new book is determining what the price should be. Deciding on what price is a delicate balancing act. If you price it too high it won’t sell enough to reach a wide audience, making it harder to establish yourself as a...

read more