EFP 174: Avoiding First Time Buyer Pitfalls

Justin Cooke

February 8, 2018

Everyone has to start somewhere and that’s especially true for those looking to purchase their first online business.

So – where do you start?

Your first bet would be to check out Season 2 of the Web Equity Show. In that season, we walk you through, from start to finish, exactly what you should do if you’re looking to purchase an online business.

Once you’ve done that, do come back and listen to this episode where we lay out 7 of the most common mistakes and misconceptions of first-time buyers.

If you’ve been looking to purchase an online business, but still haven’t take that first step towards pulling the trigger, this is a great episode from you.

As always, if you dig the show, please make sure to give us a review on iTunes!

Check Out This Week’s Episode:

Direct Download – Right Click, Save As

Topics Discussed This Week:

  • Cheapest Isn’t Always Best
  • Everything’s Negotiable
  • Thinking You HAVE To Have THIS Deal
  • Trusting Spreadsheets Over Due Diligence
  • Let The Seller Have A Win (In Negotiations)
  • Don’t Sell Us On “Future Deals”
  • If You’re Sure, Move Quickly


Spread the Love:

“Find something that’s reasonable, that meets your predetermined values and go for that.” – Joe – Tweet This!

“You always wanna buy deals where you have a competitive or unique edge.” – Justin – Tweet This!

What do you think first-time buyer should look out for? Anything we missed? We’d love to hear your thoughts in the comments!

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