EFP 212: Introducing EF Capital
The industry of online businesses is still a growing niche. We’re hearing that more and more people want a piece of this pie but can’t because they don’t have the time, skills, or capital to get into the game. But that’s all about to change thanks to the EF Capital program.
Joe and I are joined by Mike Vranjkovic to explain what the EF Capital program is, how it works, and how you can participate.
The program was born in 2014 over discussions about an age-old problem where skilled entrepreneurs don’t have the capital to buy bigger listings, and investors don’t want to buy an entire business or learn a brand new skill set.
In a nutshell, the program helps investors turn an active investment into a passive one by partnering with operators who will help manage acquisitions. And the program helps operators gain leverage in buying online businesses that aren’t available through traditional financing (like SBA loans) without having to learn new skills like investor relations or how to set up an investment fund. Instead, operators stick to what they know best—fixing and scaling digital assets. We’ll go into much more detail about how it all works and how you can get started with EF Capital.
Check out our featured listing if you’re looking to replace your job with running an online business. It’s an Amazon FBA business created in April 2017 that sells specialty shoe products. It’s a potential job replacement for income (earning ~$10,000 each month in profit) and time as well, since the seller only needs 2 hours each week to run it.
Alright, let’s dig in…
Listen to This Episode
Topics Discussed This Week:
- How It Works
- Digging In
- Getting Started
We hope you enjoy the episode! Have interesting insights into cashflow opportunities with online businesses? Have any useful tips when deciding to invest in the RE space? Either way, leave us a comment below or give us a shout on your favorite social media platform!