{"id":39512,"date":"2024-12-11T04:50:58","date_gmt":"2024-12-10T18:50:58","guid":{"rendered":"https:\/\/flippa.com\/blog\/?p=39512"},"modified":"2025-02-08T08:15:42","modified_gmt":"2025-02-07T22:15:42","slug":"replacing-your-income-by-acquiring-an-online-business","status":"publish","type":"post","link":"https:\/\/flippa.com\/blog\/replacing-your-income-by-acquiring-an-online-business\/","title":{"rendered":"Replacing Your Income by Acquiring an Online Business"},"content":{"rendered":"\n<p>The landscape of online business acquisitions continues to evolve, offering unique opportunities for those seeking financial independence. <\/p>\n\n\n\n<p>Jaryd Krause, a prominent online M&amp;A advisor shares his journey from plumber to successful digital entrepreneur and wealth creation strategist.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Replace Your Income by Acquiring an Online Business\" width=\"1080\" height=\"608\" src=\"https:\/\/www.youtube.com\/embed\/lkqTT7-TJJY?feature=oembed\"  allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n[et_pb_section global_module=&#8221;44763&#8243;][\/et_pb_section]\n\n\n<h2 class=\"wp-block-heading\">Journey to Digital Entrepreneurship<\/h2>\n\n\n\n<p>Jaryd&#8217;s path began unconventionally in 2015 when frustrated with his plumbing career, he sought ways to make money online. After attempting to build businesses from scratch, including a travel blog and <a href=\"#\">dropshipping store<\/a>, he discovered a crucial statistic: 90% of startups fail. <\/p>\n\n\n\n<p>This revelation led him to pivot towards buying established online businesses instead. His first acquisition, a $15,000 membership site for wholesale suppliers, marked the beginning of his journey into digital business acquisitions.<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Strategic Approach to Online Business Acquisition<\/h2>\n\n\n\n<p>Jaryd emphasizes several key considerations when approaching online business acquisitions<\/p>\n\n\n\n<ol>\n<li>Investment Brackets and Strategy<\/li>\n<\/ol>\n\n\n\n<ul>\n<li>Under $20K: Considered more of a startup investment with higher risk<\/li>\n\n\n\n<li>$20K-200K: Cash purchases are typically preferred at this level and focus on operator-level involvement<\/li>\n\n\n\n<li>$200K-500K: Potential for leverage, shift towards owner\/CEO role<\/li>\n\n\n\n<li>$500K+: Recommended you delegate operator roles at this level and owner oversees operations<\/li>\n<\/ul>\n\n\n\n<ol start=\"2\">\n<li>Risk Assessment and Capital Preservation <br><br>Jaryd emphasizes Warren Buffett&#8217;s principle: <strong><em>&#8220;Rule number one: don&#8217;t lose money. Rule number two: refer to rule one.&#8221; <\/em><\/strong><br><br>He advocates for:<\/li>\n<\/ol>\n\n\n\n<ul>\n<li>Prioritizing businesses with minimal risk and proven track records<\/li>\n\n\n\n<li>Considering higher multiples for established businesses to reduce risk<\/li>\n\n\n\n<li>Looking for opportunities with growth potential while maintaining stability<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Building Generational Wealth<\/h2>\n\n\n\n<p>Jaryd&#8217;s philosophy extends beyond just online business acquisitions. He advocates for what he calls the &#8220;infinite loop of wealth&#8221;:<\/p>\n\n\n\n<ul>\n<li>Using online business profits to invest in real estate<\/li>\n\n\n\n<li>Leveraging real estate equity for further business acquisitions<\/li>\n\n\n\n<li>Balancing fast-growth online assets with stable real estate investments<\/li>\n\n\n\n<li>Creating a diversified portfolio for long-term wealth creation<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Advice for Aspiring Buyers<\/h2>\n\n\n\n<p>For those considering entering the online business space, Jaryd offers several key insights:<\/p>\n\n\n\n<ol>\n<li>Don&#8217;t underestimate business size differences &#8211; a $5K business is not comparable to a $50K business in terms of stability and risk<\/li>\n\n\n\n<li>Consider your life vision and timeline when choosing investment size<\/li>\n\n\n\n<li>Focus on preserving wealth while seeking growth opportunities<\/li>\n\n\n\n<li>Build resources before attempting philanthropy or impact initiatives<\/li>\n<\/ol>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Connect with Jaryd<\/h2>\n\n\n\n<p>For those interested in learning more or working with Jaryd, find him at the following:<\/p>\n\n\n\n<p>Website: <a href=\"https:\/\/buyingonlinebusinesses.com \" target=\"_blank\">https:\/\/buyingonlinebusinesses.com<\/a><\/p>\n\n\n\n<p>LinkedIn: <a href=\"https:\/\/www.linkedin.com\/in\/jarydkrause\" target=\"_blank\" rel=\"noopener\">https:\/\/www.linkedin.com\/in\/jarydkrause<\/a> <\/p>\n\n\n\n<p>Email: jaryd@buyingonlinebusinesses.com<\/p>\n\n\n[et_pb_section global_module=&#8221;44763&#8243;][\/et_pb_section]","protected":false},"excerpt":{"rendered":"<p>The landscape of online business acquisitions continues to evolve, offering unique opportunities for those seeking financial independence. Jaryd Krause, a prominent online M&amp;A advisor shares his journey from plumber to successful digital entrepreneur and wealth creation strategist. Journey to Digital Entrepreneurship Jaryd&#8217;s path began unconventionally in 2015 when frustrated with his plumbing career, he sought [&hellip;]<\/p>\n","protected":false},"author":247,"featured_media":39515,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","inline_featured_image":false,"footnotes":""},"categories":[33,28,554,506],"tags":[],"dipi_cpt_category":[],"acf":[],"_links":{"self":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/posts\/39512"}],"collection":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/users\/247"}],"replies":[{"embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/comments?post=39512"}],"version-history":[{"count":2,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/posts\/39512\/revisions"}],"predecessor-version":[{"id":39517,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/posts\/39512\/revisions\/39517"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/media\/39515"}],"wp:attachment":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/media?parent=39512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/categories?post=39512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/tags?post=39512"},{"taxonomy":"dipi_cpt_category","embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/dipi_cpt_category?post=39512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}