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Justin Cooke

๐Ÿ‘ค Speaker
190 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

So we get some support questions there where they're trying to drive sales.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

I think it'd be better to just have our own team on it because they can actually help people.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

So my business partner, I had an outsourcing company in the Philippines and it wasn't growing as quickly as we'd hoped.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

In fact, we just lost a major client.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

And so we were looking for something to do with the agents we had in the Philippines.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

And we said, look, start looking around options.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

We said, wow, we can build sites.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

And hopefully in six months, nine months, we can make them profitable.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

Even if they make 300 bucks a month or 500 bucks a month.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

And so we turned our teams towards that and it started working.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

They started to make money.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

We got to the point where we were putting a lot more money into it, uh,

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

In terms of like, you know, trying to build the sites, we want to recoup some of that money.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

So we started selling them off at a multiple to fund growth.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

And so that's kind of how we got started, like building online sites, profitable sites for ourselves.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

And, you know, selling them over time, over the months and years to follow, we realized there's this huge market of people looking for these kind of

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

mini businesses.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

And they were looking to acquire these and build portfolios of these.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

So over time, we had more demand than we were able to supply.