The Opportunity Ep.33: Using Your Unique Skills to Acquire Your First Business
On this episode of The Opportunity Podcast, we will be speaking with Troy De Ville, a recent buyer of a children’s and education niche content business. In this episode, Troy gives us his thought process on acquiring his very first online business, and what others should keep in perspective as a first time buyer.
Troy gives insight on the mindset needed for due diligence, how to use your individual skill sets, and how you can overcome the fear of investing a large amount of capital into your first acquisition. He explains how he was able to leverage the Empire Flippers team to help ease the process when first starting out in tandem with raising a family and working full-time at a brick and mortar company. Like many first time buyers who decide to acquire a digital asset, he was still on the fence about whether he would go through with the whole process, and what had changed his mind was knowing our team was helping through every step along the way to ease the learning curve of taking on this new venture.
Sit back, grab a coffee, and get ready to learn how to perform due diligence and better prepare yourself to acquire your very first business based on the skills you already have.
Listen to This Episode
Topics Discussed in this episode:
- Steps to take as a first-time buyer to potentially gain full ROI
- How to perform due diligence based on your specific skillset
- Where to find golden opportunities when performing due diligence
- What a typical roadmap looks like to scale your first content business acquisition
- First-time buyer pitfalls you should avoid
We hope you enjoy the episode! Have interesting insights on growth opportunities in online business? Know any useful tips when it comes to growth? Either way, leave us a comment below, give us a shout on your favorite social media platform, or leave us a great review if you’re loving the show.