The Venture Capital Approach
If you’re at all familiar with investing, you’ve probably heard of the Venture Capital investment culture of Silicon Valley. Venture capital involves individuals and teams investing capital in startup businesses, assuming some risk up front in the hopes of a big payoff down the road. Some of the biggest brands you know of today started because venture capitalists invested in them when they were small startups operating out of garages, basements, and dorm rooms.
Today we consider if that approach could translate into website investing. Is it possible to approach websites as startups and nurture their growth the way a venture capitalist might? Our host Ian Bond thinks there’s a clear path here, and explains how the venture capital approach could lead to sound investing decisions when it comes to buying Ecommerce websites.
On this episode you’ll hear:
- Whether you should invest in one website or spread your money around
- An explanation of the Venture Capital model
- How to translate the Venture Capital model to high ticket drop shipping sites
- The minimum amount you should invest in a website
- What you should expect when you buy a smaller site
- The difference between buying and investing
If you’re interested in incorporating the wisdom of the venture capital approach into your current system, then this is one episode you won’t want to miss!
Resources
Transcription of this Episode
Welcome to the Professional Website Investors podcast, the show where we talk about what it takes to successfully buy, operate, scale and sell a thriving eCommerce business. When it comes to doing business online, we believe that buying an existing website is far superior to building one from scratch. So if you’re a career professional who is looking to become an eCommerce store owner listening to this show will give you the knowledge, tools and community support you need to be successful.
I’m your host Ryan Cowden and this week we’re joined by Ian Bond from professionalwebsiteinvestors.com. In this episode of the Professional Website Investor podcast Ian and I discuss a new framework for online investing. If you’re at all familiar with investing you’ve probably heard of the venture capital investment culture of Silicon Valley. Venture capital involves individuals and teams investing capital in startup businesses, assuming some risk up front in the hopes of a big payoff down the road. Some of the biggest brands you know of today started because venture capitalists invested in them when they were small startups operating out of garages, basements, and dorm rooms.
Today we consider if that startup approach could tr