Business Broker Research Method
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A method for learning about successful business models by studying companies listed for sale on business broker websites.
Key Business Broker Websites
- Flippa
- Empire Flippers
- Quiet Light Brokerage
- FE International
Why This Research Method Works
- Access to detailed business information without being a real buyer
- Can view complete financial data and business operations
- Don't need to be a serious buyer to access information
- Great way to learn from outside successful businesses
- Can study businesses you've never thought about or considered
What You Can Learn
- Revenue and profit numbers
- Top performing products/services
- Growth strategies
- Complete P&L statements
- Business operations details
- Marketing strategies
- Customer acquisition methods
Example Insights Found
- D2C diabetes brand details:
- $8M annual revenue
- $4M in profits
- Access to top SKUs
- Growth strategies
- Complete P&L
Research Strategy
- Look through multiple business listings
- Study the detailed prospectus/documentation
- Focus on understanding business models
- Learn about different industries
- Analyze what makes businesses successful
- Use insights for your own business ideas
Benefits
- Learn without actual business ownership
- See inside successful business operations
- Get business ideas
- Understand profitable business models
- Access to real financial data
- Learn industry-specific metrics
29:00 - 30:06
Full video: 01:02:46SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.