Custom Manufacturing Industry podcast is an entrepreneurship and motivational podcast on all platforms, hosted by Aaron Clippinger. Being CEO of multiple companies including the signage industry and the software industry, Aaron has over 20 years of consulting and business management. His software has grown internationally and with over a billion dollars annually going through the software. Using his Accounting degree, Aaron will be talking about his organizational ways to get things done. Hi ...
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Look For This When Acquiring Startups, It Could Triple the Resale
Manage episode 456225474 series 3357653
Content provided by Acquire.com. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Acquire.com or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
After building and selling one of the first ChatGPT plagiarism checkers on the market in 2024, Tomer Tarsky decided to search Acquire.com for another project in the edtech AI space. He found a promising business, grew it for seven months, and sold it for three times the purchase price.
The business Tomer stumbled across was called Seamless For Science. It was an AI literature review generator with 20,000 free users. While it didn’t make much money, its users were extremely active and would immediately complain if the service went down even for a day.
After acquiring the business (which was built in a development language Tomer didn’t know), all he had to do was adjust the homepage copy and up the prices. Immediately, he earned $2,000 more in MRR despite some churn.
“I knew if just one percent of those free users converted, we would have a lot more money,” he says.
However, Tomer soon reached the limits of improvements he could make without hiring a developer. He’d already decided he wanted to expand outside of edtech, so Tomer returned to Acquire.com and sold it for three times what he bought it for within a few days.
Tune into Tomer’s podcast with Andrew Gazdecki post-acquisition as they discuss:
- Why Tomer thinks it’s easier to double ARR on a $3k startup than a $30k startup 💹.
- How Tomer recommends other founders look for good startup buys on Acquire.com 🔍.
- Why Tomer thinks you should beware of buyers who won’t get on the phone 📲.
Tomer is just getting started and you can follow him here:
Twitter (@tomer_tarsky)
His new project (www.conversionagent.ai)
124 episodes
Share
Manage episode 456225474 series 3357653
Content provided by Acquire.com. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Acquire.com or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
After building and selling one of the first ChatGPT plagiarism checkers on the market in 2024, Tomer Tarsky decided to search Acquire.com for another project in the edtech AI space. He found a promising business, grew it for seven months, and sold it for three times the purchase price.
The business Tomer stumbled across was called Seamless For Science. It was an AI literature review generator with 20,000 free users. While it didn’t make much money, its users were extremely active and would immediately complain if the service went down even for a day.
After acquiring the business (which was built in a development language Tomer didn’t know), all he had to do was adjust the homepage copy and up the prices. Immediately, he earned $2,000 more in MRR despite some churn.
“I knew if just one percent of those free users converted, we would have a lot more money,” he says.
However, Tomer soon reached the limits of improvements he could make without hiring a developer. He’d already decided he wanted to expand outside of edtech, so Tomer returned to Acquire.com and sold it for three times what he bought it for within a few days.
Tune into Tomer’s podcast with Andrew Gazdecki post-acquisition as they discuss:
- Why Tomer thinks it’s easier to double ARR on a $3k startup than a $30k startup 💹.
- How Tomer recommends other founders look for good startup buys on Acquire.com 🔍.
- Why Tomer thinks you should beware of buyers who won’t get on the phone 📲.
Tomer is just getting started and you can follow him here:
Twitter (@tomer_tarsky)
His new project (www.conversionagent.ai)
124 episodes
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Similar to Startup Acquisition Stories
Custom Manufacturing Industry podcast is an entrepreneurship and motivational podcast on all platforms, hosted by Aaron Clippinger. Being CEO of multiple companies including the signage industry and the software industry, Aaron has over 20 years of consulting and business management. His software has grown internationally and with over a billion dollars annually going through the software. Using his Accounting degree, Aaron will be talking about his organizational ways to get things done. Hi ...
…
continue reading
Positive Leadership has the power to change the world. By focusing on trust, empathy, authenticity and deep collaboration, leaders can energize their teams to achieve success for individuals, their organizations, and society as a whole. Yet, it remains relatively unknown outside positive psychology and neuroscience circles. Join Jean-Philippe Courtois, former member of the Microsoft senior leadership team alongside Satya Nadella and co-founder of Live for Good, as he brings Positive Leadersh ...
…
continue reading
The Partnership Economy explores the power of partnerships through candid conversations and stories with industry leaders. Our hosts, David A. Yovanno, CEO and Todd Crawford, Co-founder, of impact.com, unpack the future of partnerships as a lever for scale and an opportunity to put the consumer first.
…
continue reading
Kipp Bodnar (HubSpot’s CMO) and Kieran Flanagan (Zapier’s CMO), lead you down the rabbit hole of marketing trends, growth tactics and innovation. On the way you’ll pick up undiscovered strategies to give you that slight edge for success. These are not your typical twitter thread regurgitated marketing tactics that everyone is doing. These are new methods, with unfiltered examination of successful fresh ideas.
…
continue reading
Where startup founders raise millions and listeners can invest. Host Josh Muccio takes listeners behind closed-doors and into the room where deals are made. Part of the Vox Media Podcast Network.
…
continue reading
The Greatness Machine is on a Quest to Maximize the Human Experience! Join Award Winning CEO and Author, Darius Mirshahzadeh (pron. Mer-shaw-za-day), as he interviews some of the greatest minds in the world―turning their wisdom and experience into learnings and advice you can use in your life so that you can level up and create greatness. Join Darius as he goes deep with guests like: Moby, Seth Godin, Gabby Reece, Amanda Knox, UFC Ring Announcer Bruce Buffer, Former FBI Negotiator Chris Voss ...
…
continue reading
Alessandro Bogliari, CEO and Co-Founder of The Influencer Marketing Factory, a global influencer marketing agency, talks with great guests about influencer marketing, social media, the creator economy, social commerce and much more.
…
continue reading
It’s no secret that business owners want to receive positive reviews and customers want to have a positive experience. In Behind the Review, Yelp and Entrepreneur dig a little deeper on both accounts. Hosted by Yelp’s Small Business Expert, Emily Washcovick, Behind the Review features conversations with reviewers and business owners about their experiences—whether it was one star or five stars—giving listeners behind-the-scenes insights into what was really going on. Restaurants, plumbers, f ...
…
continue reading
Master the best of what other people have already figured out. “The highest density of wisdom per episode of any podcast.” If you like what we're doing, please hit the follow button. It's a small thing, but it helps us keep going. Thanks for listening. My newsletter: https://fs.blog/newsletter/ My books: https://fs.blog/books/ IG: https://www.instagram.com/farnamstreet LI: https://www.linkedin.com/in/shane-parrish-050a2183/
…
continue reading
The Self-Employed Life Podcast (formerly Creative Warriors) provides business and personal development strategies for self-employed business owners that create sustainable success. A community of self-employed and small business owners, entrepreneurs, innovators and ambitious individuals that need creative solutions in business. Being self-employed and a business Warrior is a mindset, a spirit and a challenge. We need a different way of doing business. This is business with a soul. We discus ...
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