How do you go from comfortable affluence to real wealth? Listen to the Capital Gains podcast, by Capitalism.com, with host and professional real estate investor Jonathan Twombly. In interviews with top professionals, we'll discuss alternative investments you might not have known about that can help you go beyond merely obtaining a passive income to growing your asset base and becoming truly wealthy.
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episode 52: Looking for You Next Great Investment? Here’s Why It’s Time To Consider Buying An Online Business [Best of Capital Gains]
Justin Cooke used to build online businesses himself. But after selling some in an effort to scale up profits in his line of work, he stumbled into a new field: creating and managing a marketplace for buying and selling the type of businesses he had been making.
Through his Empire Flippers marketplace, Justin connects sellers of online businesses with buyers. It’s a business that is still in its infancy as the market for the trading of online businesses - sources of passive cash flow for savvy investors - continues to grow.
Taking a number of cues from real estate, Justin shares with us the past, present, and future of online businesses as investments.
Key takeaways:- Online businesses can be a great investment for wealth growth
- Trading in online businesses as assets is like trading in real estate
- The market is in its infancy, with lots of exciting growth ahead
Hear more from Justin at https://empireflippers.com/podcasts/.
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