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$500M of businesses sold, startup scaling advice, & acquisitions with Justin Cooke, founder Empire Flippers

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Manage episode 390230669 series 3476775
Content provided by EarlyNode. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by EarlyNode or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode of The Bootstrapped SaaS Operator, Justin Cooke talks about building a marketplace for founders to sell their online businesses, Empire Flippers. He also talks about the difficulties for bootstrap entrepreneurs, business transparency, and chasing new ideas.

Tune in to learn more on:

~ When is the right time to start your next venture?

~ How to know if you’re scaling too slow or too quickly?

~ Acquiring the right businesses to grow your company.

Timestamps:

  • (00:00) - Intro
  • (00:11) - Who is Justin Cooke & What is Empire Flippers?
  • (01:52) - How big is Empire Flippers?
  • (02:52) - When should you chase new ideas?
  • (05:25) - When did Justin know is the right time to start WebStreet?
  • (09:00) - How to run a dual-side marketplace?
  • (11:05) - What Empire Flippers is doing differently now compared to ten years ago?
  • (13:14) - How Justin manages profitability vs growth?
  • (15:32) - How much runway do you need for a company like Empire Flippers?
  • (17:27) - What should companies look for when acquiring other businesses?
  • (20:55) - What's the average ARR multiple you can expect when buying a business in 2023?
  • (23:55) - When is the right time to buy another business?
  • (27:01) - What would Justin do differently if he could start over?
  • (29:36) - Being transparent as a business.
  • (34:07) - Outro

The SaaS Operator Newsletter

Get actionable insights from SaaS veterans to grow your MRR.

Join hundreds of PLG founders at: EarlyNode.com/Subscribe

Follow Justin:

On LinkedIn: https://www.linkedin.com/in/justinwcooke/

On X (Twitter): https://twitter.com/EmpireFlippers

Mentioned In The Episode

Empire Flippers - A marketplace for founders to sell their businesses.

WebStreet - A platform for investors to buy stakes in online businesses.

ReactSquad.io - React.js Agency for Startups.

Nikolas Chapoupis

On X (Twitter): https://twitter.com/nikolas_chap

On LinkedIn: https://de.linkedin.com/in/nikolas-chapoupis

EarlyNode

On LinkedIn: https://www.linkedin.com/company/earlynode

On X (Twitter): https://twitter.com/EarlyNode

On Instagram: https://www.instagram.com/earlynode_crew/

On Facebook: https://web.facebook.com/earlynode

On YouTube: https://www.youtube.com/@earlynode

On TikTok: https://www.tiktok.com/@earlynode

  continue reading

14 episodes

Artwork
iconShare
 

Archived series ("Inactive feed" status)

When? This feed was archived on July 06, 2024 22:12 (25d ago). Last successful fetch was on February 24, 2024 13:45 (5M ago)

Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 390230669 series 3476775
Content provided by EarlyNode. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by EarlyNode or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode of The Bootstrapped SaaS Operator, Justin Cooke talks about building a marketplace for founders to sell their online businesses, Empire Flippers. He also talks about the difficulties for bootstrap entrepreneurs, business transparency, and chasing new ideas.

Tune in to learn more on:

~ When is the right time to start your next venture?

~ How to know if you’re scaling too slow or too quickly?

~ Acquiring the right businesses to grow your company.

Timestamps:

  • (00:00) - Intro
  • (00:11) - Who is Justin Cooke & What is Empire Flippers?
  • (01:52) - How big is Empire Flippers?
  • (02:52) - When should you chase new ideas?
  • (05:25) - When did Justin know is the right time to start WebStreet?
  • (09:00) - How to run a dual-side marketplace?
  • (11:05) - What Empire Flippers is doing differently now compared to ten years ago?
  • (13:14) - How Justin manages profitability vs growth?
  • (15:32) - How much runway do you need for a company like Empire Flippers?
  • (17:27) - What should companies look for when acquiring other businesses?
  • (20:55) - What's the average ARR multiple you can expect when buying a business in 2023?
  • (23:55) - When is the right time to buy another business?
  • (27:01) - What would Justin do differently if he could start over?
  • (29:36) - Being transparent as a business.
  • (34:07) - Outro

The SaaS Operator Newsletter

Get actionable insights from SaaS veterans to grow your MRR.

Join hundreds of PLG founders at: EarlyNode.com/Subscribe

Follow Justin:

On LinkedIn: https://www.linkedin.com/in/justinwcooke/

On X (Twitter): https://twitter.com/EmpireFlippers

Mentioned In The Episode

Empire Flippers - A marketplace for founders to sell their businesses.

WebStreet - A platform for investors to buy stakes in online businesses.

ReactSquad.io - React.js Agency for Startups.

Nikolas Chapoupis

On X (Twitter): https://twitter.com/nikolas_chap

On LinkedIn: https://de.linkedin.com/in/nikolas-chapoupis

EarlyNode

On LinkedIn: https://www.linkedin.com/company/earlynode

On X (Twitter): https://twitter.com/EarlyNode

On Instagram: https://www.instagram.com/earlynode_crew/

On Facebook: https://web.facebook.com/earlynode

On YouTube: https://www.youtube.com/@earlynode

On TikTok: https://www.tiktok.com/@earlynode

  continue reading

14 episodes

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