Strategies and tips for Starting and Investing in Online Businesses with Domain Magnate Founder Michael Bereslavsky

Horacio spoke with Michael Bereslavsky, Founder and CEO of Domain Magnate. Domain Magnate is an online business brokerage specializing in the buying and selling of viable business websites. Domain Magnate also has an online business fund open to accredited investors. In this episode, Michael and Horacio talk about the nuances of buying online businesses – including the skills needed to start a business and keep it running and what he looks for when acquiring an online business.Discussion topics include:The growth and changes in acquiring online businessesAdapting to the online business industryCombining business metrics with a gut feeling for what will workStarting with small websites to understand how online businesses workMonetizing websites through research and researching competitor websitesFinancial courses and programs that can help emerging entrepreneursThree different Domain Magnate Funds and their investment requirementsThe benefits of having previous business owners as investorsRisks involved with buying online businesses including being delisted by AmazonSelling and buying domain namesMore businesses and people going onlineDomain Magnate Podcast: https://www.domainmagnate.com/podcast/Domain Magnate Newsletter: https://www.domainmagnate.com/newsletter/Domain Magnate Facebook: https://www.facebook.com/DomainMagnate---Follow Alts- Website & newsletter: https://alts.co- Discord: https://discord.gg/DEkHgzggwC- Twitter: https://twitter.com/altassetsclub- Insta:https://instagram.com/alts_co

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Alts is the leading Alternative Assets Podcast. Explore unique investment opportunities and ideas that aren't discussed as much. Hosted by Horacio Ruiz and Stefan von Imhof, we focus on alternatives to traditional assets; including collectibles, wine, watches, sneakers, NFTs, artwork, websites, farmland, equity crowdfunding, and even stuff like legos, billboards and private islands. Each episode explores a different theme, and usually includes an interview with interesting folks in the alternative investments space. Past guests include Ezra Levine, CEO of Collectable, Kenny Rose, CEO of FranShares, and Travis Winn from ZED RUN. On our website you can find deep-dive issues on all topics, and sign up for our weekly newsletter. - Website: https://alts.co - Discord: https://discord.gg/DEkHgzggwC - Twitter: https://twitter.com/altassetsclub - Insta: https://instagram.com/alts_co - YouTube: https://www.youtube.com/channel/UCpmgk4gzQ56QvpyegBJJVQA