Joe Magnotti's guest appearances

Joe Magnotti

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Joe Magnotti is the CEO of Empire Flippers, an Inc. 5000 company and the #1 curated marketplace for buying and selling established, profitable online businesses. Joe has a background in engineering and spent the 90’s at a startup in San Francisco before moving onto the mortgage business. Now Joe spends the majority of his time in Manila, Philippines.  In this episode, we will discuss the 2020 trends for buying and selling online businesses. Expect to hear predictions of where this industry is headed including ways to navigate businesses during the COVID-19 crises. Whether you are buying a business and want to grow it, or you want to sell your business for maximum value, you’ll discover insight to help achieve that goal. Where we are:  Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Joe Magnotti – Manila, Philippines  Sponsor:  Support Invest Like a Boss: Join our Patreon Sponsor: Automation Finance  Discussed:  Empire Flippers State of Industry -  Trends Report ILAB 10 –  Empire Flipper’s CEO: Investing in profitable, cash flow websites  Recommended:  ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan  *Johnny FD and Sam use all of the above services personally. Time Stamps:  02:09 - Discussing business and personal goals during the quarantine 10:23 - The silver lining to the COVID-19 pandemic 18:46 - The upside to a remote office structured company 21:38 - “For me, I love it, I’d never want to go back to an office if I can avoid it” - Joe Magnotti 25:44 - Economy insight &amp; current digital trend in the Philippines 28:51 - What is an Inc 5000 company? 29:58 - What is Empire Flippers and how does it work? 37:19 - 2019-2020 Trends for buying and selling online businesses 40:46 - Amazon FBA business tools and techniques 42:21 - “If you have a physical product business and you’re not on Amazon, you’re doing yourself a disservice” - Joe Magnotti 44:43 - Selling distressed assets along the economic COVID-19 cycle 55:02 - How the international supply chain is affecting businesses 58:17 - The easiest online business to buy and manage 1:06:05 - Should you buy an Amazon-based business? 1:10:13 - Analyzing 2019 trends for buying &amp; selling online businesses 1:17:46 - Appreciating our podcast listeners!    If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.

Joe Magnotti is the CEO of Empire Flippers, an Inc. 5000 company and the #1 curated marketplace for buying and selling established, profitable online businesses. Joe has a background in engineering and spent the 90’s at a startup in San Francisco before moving onto the mortgage business. Now Joe spends the majority of his time in Manila, Philippines.  In this episode, we will discuss the 2020 trends for buying and selling online businesses. Expect to hear predictions of where this industry is headed including ways to navigate businesses during the COVID-19 crises. Whether you are buying a business and want to grow it, or you want to sell your business for maximum value, you’ll discover insight to help achieve that goal. Where we are: <ul> <li>Johnny FD – Sri Lanka / IG <a href="https://www.instagram.com/johnnyfdk/?hl=en" rel="nofollow" target="_blank">@johnnyfdk</a></li> <li>Sam Marks – North Carolina / IG <a href="https://www.instagram.com/imsammarks/?hl=en" rel="nofollow" target="_blank">@imsammarks</a></li> <li>Joe Magnotti – Manila, Philippines</li> </ul> Sponsor: <ul> <li>Support Invest Like a Boss: <a href="https://www.patreon.com/investlikeaboss" rel="nofollow" target="_blank">Join our Patreon</a></li> <li>Sponsor: <a href="http://automationfinance.com/boss/" rel="nofollow" target="_blank">Automation Finance</a></li> </ul> Discussed: <ul> <li>Empire Flippers State of Industry - <a href="https://empireflippers.com/online-business-trends/" rel="nofollow" target="_blank"> Trends Report</a></li> <li>ILAB 10 – <a href="http://www.investlikeaboss.com/ilab-10-empire-flippers-ceo-investing-in-profitable-cash-flow-websites/" rel="nofollow" target="_blank"> Empire Flipper’s CEO: Investing in profitable, cash flow websites</a></li> </ul> Recommended: <ul> <li><a href="https://artoffx.com/ilab" rel="nofollow" target="_blank">ArtofFX</a> – Start with just a $10,000 account (reduced from $25,000)</li> <li><a href="http://www.investlikeaboss.com/fundrise" rel="nofollow" target="_blank">Fundrise</a> – Start with only $1,000 into their REIT funds (non-accredited investors OK)</li> <li><a href="http://investlikeaboss.com/betterment" rel="nofollow" target="_blank">Betterment</a> – Get up to 1 year managed free</li> <li><a href="http://www.investlikeaboss.com/wealthfront" rel="nofollow" target="_blank">Wealthfront</a> – Get your first $15,000 managed free</li> <li><a href="http://investlikeaboss.com/peerstreet" rel="nofollow" target="_blank">PeerStreet</a> – Get a 1% yield bump on your first loan</li> </ul> *Johnny FD and Sam use all of the above services personally. Time Stamps: <ul> <li>02:09 - Discussing business and personal goals during the quarantine</li> <li>10:23 - The silver lining to the COVID-19 pandemic</li> <li>18:46 - The upside to a remote office structured company</li> <li>21:38 - “For me, I love it, I’d never want to go back to an office if I can avoid it” - Joe Magnotti</li> <li>25:44 - Economy insight &amp; current digital trend in the Philippines</li> <li>28:51 - What is an Inc 5000 company?</li> <li>29:58 - What is Empire Flippers and how does it work?</li> <li>37:19 - 2019-2020 Trends for buying and selling online businesses</li> <li>40:46 - Amazon FBA business tools and techniques</li> <li>42:21 - “If you have a physical product business and you’re not on Amazon, you’re doing yourself a disservice” - Joe Magnotti</li> <li>44:43 - Selling distressed assets along the economic COVID-19 cycle</li> <li>55:02 - How the international supply chain is affecting businesses</li> <li>58:17 - The easiest online business to buy and manage</li> <li>1:06:05 - Should you buy an Amazon-based business?</li> <li>1:10:13 - Analyzing 2019 trends for buying &amp; selling online businesses</li> <li>1:17:46 - Appreciating our podcast listeners!</li> </ul> If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and <a href="http://investlikeaboss.com/bonus/" rel="nofollow" target="_blank">claim your bonus here</a>!  Copyright 2020. All rights reserved. Read our <a href="http://investlikeaboss.com/disclaimer/" rel="nofollow" target="_blank">disclaimer here.</a>

141: Online Businesses – The State of the Industry, with Empire Flipper’s Joe Magnotti

SHOW NOTES: CEO of Empire Flippers, Joe Magnotti shares the last numbers on deals and revenues and describes his processes for hiring and managing a remotely distributed team. He also talked about Empire Flippers’s scoreboard, valuation tool, new platform login, and how they are setting the bar in the industry and what the future might hold.  GUEST BIO: Joe Magnotti has a background in engineering and spent the 90’s at a startup in San Francisco before moving onto the mortgage business. Now Joe spends the majority of his time in Manila, Philippines. Like the rest of the Empire Flippers he enjoys traveling often with frequent trips to the rest of SE Asia. In his free time, he enjoys boxing, basketball, and playing poker. He goes by “Joe” -- only his grandmother calls him Joseph.   Connect with Joe: Linkedin | EmailVisit Empire Flipper’s Website   QUICK LINKS: Scoreboard  Valuation Tool New Platform Login *Users will have to email support@empireflippers.com before October 8th to get access   SKIP TO THE GOOD PARTS: 00:27 - 02:12 - Empire Flippers in numbers 02:47 - 03:21 - Main business expenses 03:55 - 08:14 - Hiring process + tips for a globally distributed team 08:14 - 09:58 - Average deal lifecycle in Empire Flippers Marketplace 09:58 -  10:57 - Deals at Empire Flippers 11:33 - 13:39 - Dealing with Transparency: Way of the Future 14:14 - 26:34 - Selling Business  on Empire Flippers 26:30 - 31:01 - Buying Business on Empire Flippers 33:05 - 36:28 - Making Post-sale changes 37:27 - 38:32 - Buyer qualifications 38:53 - 40:53 - Tips for Buyers 41:01 - 42:53 - What’s coming ahead for Empire Flippers   SHOW TRANSCRIPT:  VIEW ON OUR WEBSITE

SHOW NOTES: CEO of Empire Flippers, Joe Magnotti shares the last numbers on deals and revenues and describes his processes for hiring and managing a remotely distributed team. He also talked about Empire Flippers’s scoreboard, valuation tool, new platform login, and how they are setting the bar in the industry and what the future might hold. GUEST BIO: Joe Magnotti has a background in engineering and spent the 90’s at a startup in San Francisco before moving onto the mortgage business. Now Joe spends the majority of his time in Manila, Philippines. Like the rest of the Empire Flippers he enjoys traveling often with frequent trips to the rest of SE Asia. In his free time, he enjoys boxing, basketball, and playing poker. He goes by “Joe” -- only his grandmother calls him Joseph. Connect with Joe: <a href="https://www.linkedin.com/in/josephmagnotti/" rel="nofollow" target="_blank">Linkedin</a> | <a href="mailto:%20joe@empireflippers.com">Email</a><a href="https://empireflippers.com/" rel="nofollow" target="_blank">Visit Empire Flipper’s Website</a> QUICK LINKS: <a href="https://empireflippers.com/scoreboard/" rel="nofollow" target="_blank">Scoreboard</a> <a href="https://empireflippers.com/valuation-tool/" rel="nofollow" target="_blank"> Valuation Tool</a> <a href="https://app.empireflippers.com/login" rel="nofollow" target="_blank">New Platform Login</a> *Users will have to email support@empireflippers.com before October 8th to get access SKIP TO THE GOOD PARTS: 00:27 - 02:12 - Empire Flippers in numbers 02:47 - 03:21 - Main business expenses 03:55 - 08:14 - Hiring process + tips for a globally distributed team 08:14 - 09:58 - Average deal lifecycle in Empire Flippers Marketplace 09:58 -  10:57 - Deals at Empire Flippers 11:33 - 13:39 - Dealing with Transparency: Way of the Future 14:14 - 26:34 - Selling Business  on Empire Flippers 26:30 - 31:01 - Buying Business on Empire Flippers 33:05 - 36:28 - Making Post-sale changes 37:27 - 38:32 - Buyer qualifications 38:53 - 40:53 - Tips for Buyers 41:01 - 42:53 - What’s coming ahead for Empire Flippers SHOW TRANSCRIPT: <a href="https://www.domainmagnate.com/?post_type=podcast&amp;p=2688&amp;preview=true" rel="nofollow" target="_blank"> VIEW ON OUR WEBSITE</a>

EP06: Joe Magnotti shares the latest numbers on Empire Flippers

In this podcast episode, we have Mr. Joe Magnotti who is the CEO and founder Of EmpireFlipper (EF), one of the most extensive website brokers online selling over $70M worth of websites. They are a 500 Inc company three years in a row and have a multiple international business broker awards. Since buying online is already a trend nowadays, Joe will talk about what first-time website buyers should know:  What is the biggest mistake you see buyers make? What would you wish they do differently? What does a right buyer usually look at first when they find a listing? What do the most successful purchasers have in common? What would be your top 3 tips for people wanting to start investing in websites? What makes an attractive buyer to you guys? What would be your top 3 DD tips for first timers? What is the best thing for someone to do once they have bought their first business and just became the owner?  Learn more about Empire Flippers here:  https://empireflippers.comJoin and listen Buying Online Businesses FB group podcast listeners hereNew Empire Flippers site:- Can login and become a member- There is a Watchlist- You can Message the sellers directly- Check deposits made and refunded- $297 to list siteSee omnystudio.com/listener for privacy information.

In this podcast episode, we have Mr. Joe Magnotti who is the CEO and founder Of EmpireFlipper (EF), one of the most extensive website brokers online selling over $70M worth of websites. They are a 500 Inc company three years in a row and have a multiple international business broker awards. Since buying online is already a trend nowadays, Joe will talk about what first-time website buyers should know: <ul> <li>What is the biggest mistake you see buyers make?</li> <li>What would you wish they do differently?</li> <li>What does a right buyer usually look at first when they find a listing?</li> <li>What do the most successful purchasers have in common?</li> <li>What would be your top 3 tips for people wanting to start investing in websites?</li> <li>What makes an attractive buyer to you guys?</li> <li>What would be your top 3 DD tips for first timers?</li> <li>What is the best thing for someone to do once they have bought their first business and just became the owner?</li> </ul> Learn more about Empire Flippers here:  <a href="https://empireflippers.com/" rel="nofollow" target="_blank">https://empireflippers.com</a> Join and listen <a href="https://www.facebook.com/groups/362221561245076/" rel="nofollow" target="_blank">Buying Online Businesses FB group podcast listeners </a>here New Empire Flippers site: - Can login and become a member - There is a Watchlist - You can Message the sellers directly - Check deposits made and refunded - $297 to list siteSee <a href="https://omnystudio.com/listener" rel="nofollow" target="_blank">omnystudio.com/listener</a> for privacy information.

Empire Flippers Founder Joe Magnotti Shares What First Time Website Buyers Should Know Before Investing