💸 How to make $5,200 a month with some elbow grease and buying this saas
Nano Thought Don't overthink your domain names! Well...actually..It might be worth some effort to think it through. The power of a great domain is, well...powerful. But dont get stuck on it for days and days on end...you will see why in a second. Similarweb just released its list of the 100 fastest-growing companies online. One of them really stuck out to me. Not a bad domain name. Go ahead click it, or dont. Id bet you can guess what they sell. Its not tractors, I can promise ya that. Its a great example of an obscenely simple domain name, that tells you exactly what you are gonna get. Its probably worth $250k+ on its own. Their parent company is G.O.A.T. FOODS Brands, and they also own Chocolate.com, Caramels.com, & Pretzels.com. Idk maybe I just geek out on that stuff, but THAT'S SO COOL TO ME! But this is all besides the point. The other domain names on this list...are NOTHING like the ones above. For example: http://Finesse.us A fashion site that uses AI or JapanWonderTravel.com with over 3,000 reviews of tours of Japan Either way, neither of those domains are particularly exciting to me - yet both are on Similarweb's list of the 100 fastest-growing companies online DON'T OVERTHINK YOUR DOMAIN IF STARTING SOMETHING NEW. Just give it a couple of days and consider it. Make a decision and move forward. Luck rewards action-takers. The one and only Glen Allsopp did a larger breakdown here, worth reading:
This Week’s Opportunities Deals this week "PodcastDb is a database and search engine of all 2.6M+ Apple Podcasts. Customers use our data for guest outreach and finding potential ad opportunities w AdsDb" 🎉 Here's a site for sale you might be interested in on Flippa We LOVE a little saas over here at Nano Flips. Database saas' are pretty hot right now and can be super easy to maintain. If this biz passes your due diligence, it could be perfect for someone who works in podcast editing, agencies, PR teams doing booking for clients. Or just anyone who sees the opportunity Key Highlights
The seller strikes me as a coder...not a marketer. This could be perfect for a marketer. The LTV (lifetime value) of a customer is $607 - I would play with pricing and see if we could get that a bit higher, but even if not that may leave some meat on the bone. A new owner could play with some great cold outreach campaigns, or paid ads, and set a max budget of $200 to acquire each customer. This would leave some pretty healthy margins. I would look into LinkedIn outreach, and organic SEO for this. I wouldn't be surprised if you could acquire a customer for less than $200-300 on paid traffic as well. If you are already a podcaster, then hitting up a podcasting conference like Podcast Movement would allow you to meet alllllll the people and brands with booths trying to advertise to podcasters already. It should be completely doable to close 20 per conference with some decent networking. Can't make it to the conferences? Luckily for you, most conferences will sell the contact info of the sponsors Here is a list of podcast conferences for ya: https://vidpros.com/most-exciting-podcasting-conferences/ "I dont know how to email those people though James! ok well there are lots of tools to help like Lemlist but here is a great breakdown too: https://www.revenews.co/p/approach-cold-emailing Anyone advertising at one of those is your customer! 50 customers paying $100 a month is $5k a month With some good cold outreach campaigns, it's very reasonable to hit those numbers and make this business worth $150k-200k Adding a 0 with more effort would NOT be impossible either Want something smaller? Let's keep looking below... Other Businesses This Week Here is a little breakdown of some of the listings we see on the marketplaces and brokers in the media space. This includes newsletters, content sites, and more. Some require a little love and TLC from the right buyer to run them, and some are just cranking away out of the box :) Content Sites SBA Pre-Qualified: Health & Fitness Content Site - 130%+ Rev and SDE Growth | 2.5M+ TTM Page Views - Everyone is always asking about SBA pre-qualified deals. Well here is one. As always...do your own due diligence, the above is based off of what we see as an opportunity from the info provided in the listing and some light due diligence, not a deep dive. It just one of many scenarios that could play out and its up to you to do your own due diligence and see if this makes sense for you! BUILDERS BUILD IS RETURNING! For those of you who have been around a while. You will remember my old podcast with my friends Oren and Colin. We cracked the top 100 entrepreneurship podcasts on iTunes...and then let it fall off as work inevitably took over. Well? Screw that, we are bringing back the alpha and recording next week again. So on that note, lets look at one of our old ones to refresh ya memories, or intro you to the podcast if you haven't heard it before. "How to Scale and IPO a Grocery Chain (with Liver King!)" What’s on the episode?"We’re breaking away from the standard pod for a show or two, bring y’all a couple of opinion pieces on trending events happening right now, and a few what-if scenarios… like this one, featuring Liver King as our influencer… Here’s the scenario: Sadly, Colin’s long-lost uncle, Thadious Landforce, passed away. Little did Colin know, Thad (as his friends called him) was the founder and sole owner of a natural foods-based grocery store chain. Luckily, young Colin Landforce as his sole heir, inherits the grocery store and recruits his 2 best friends, Oren and James, to help him expand internationally and build a sizeable fortune. To be honest…none of this happened, BUT we did play out this scenario and see how the team would grow this type of business. Plans include:
Ways to listen to the audio below: Spotify Apple (James) P.S. Want to reach 15,000 business entrepreneurs and investors? Why don't you advertise in this newsletter? Email us at hi@nanoflips.com to learn more. All investment strategies and investments involve risk of loss. Nothing contained in this newsletter should be construed as investment advice. Any reference to an investment's past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit. |
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🌊 Revolutionize Your Businesses Workflow: How to Crush it after you buy a biz
Friday, January 12, 2024
How to control time like no other
💸 Why not buy this Math blog doing 1M page views a month?
Friday, January 12, 2024
Love a business that is PREapproved for acquisition financing
🌊 How To Turn 20 hours of work into $16k buying a Saas
Sunday, January 7, 2024
A simple framework to 10x anything
💸 Who is going to make $60K A year with this Fitness brand for sale?
Wednesday, January 3, 2024
All the deals in 2024 looking good!
🚀 RobinHood just acquired ChartR (500k subs) for $10M!
Thursday, December 28, 2023
Let me show you how to outsource...
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