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Episode 58: How To Maximize Your Market Multiples When Selling Your Business | Go to Thrasio

Episode 58: How To Maximize Your Market Multiples When Selling Your Business | Go to Thrasio

FromThe Smartest Amazon Seller


Episode 58: How To Maximize Your Market Multiples When Selling Your Business | Go to Thrasio

FromThe Smartest Amazon Seller

ratings:
Length:
33 minutes
Released:
Jul 7, 2020
Format:
Podcast episode

Description

In today’s episode, we talk with Ken Kubec from Thrasio (https://www.thras.io/), a fast-growing acquirer of Amazon FBA businesses. He explains the growth and development of Thrasio, as well as its structure and operation. We talk about the advantages of acquiring businesses as opposed to starting them. We discuss the red flags when doing due diligence with suppliers. We explain how Thrasio will turn away brands employing black hat tactics such as review manipulation. We talk about hero skews as an ideal quality for businesses that Thrasio acquires, as well as acquiring brands working with brokers. We break down market multiples and earn-outs for the listeners, explaining how you can maximize these when you sell your business. We clarify that Thrasio works exclusively with private label products. Ken shares the strengths and expertise of his company’s team, and how that gives them confidence to be bold and decisive with growing businesses and dealing with risk. Origin and Future of Thrasio; How Thrasio Operates 1:47Due Diligence With Suppliers; Which Brands Does Thrasio Look For? 5:57Maximizing Your Market Multiples; Sellers, Post-acquisition 16:51Dealing With Risk; Growing Businesses 22:13“So that’s a normal market multiple, depending on your size, growth trajectory, recent trends, etc.” 17:52Email Ken: ken@thras.ioSocialhttps://www.instagram.com/smartestseller/https://www.buyboxer.com/Send Scott an Email: scottneedham@buyboxer.com
Released:
Jul 7, 2020
Format:
Podcast episode

Titles in the series (100)

Scott Needham is the Founder of SmartScout and BuyBoxer. An Amazon software developer for 10 years his company BuyBoxer has done over $300m in sales. Scott has accumulated a deep knowledge about selling product online, and in the podcast he shares his knowledge with you to help you become a better Amazon seller.