#054-How Amazon Businesses are Evaluated, Truths, Myths and More, with Kevin Flaherty of Thrasio

Is there a graceful exit in business? Are you in a situation where you just want to leave your business to experts or simply want to sell your business because you feel like you don’t want anything to do with it anymore? Or you just simply want to start another business? Whatever your reason, apparently, there are business buyers like Thrasio that guarantee to resurrect your dying business or give you a graceful exit.   Dive into the discussion on how business acquisition is like with Thrasio and Kevin will also give you an idea on how much Thrasio can help your business double the profit in and out Amazon. Brand optimization, growth marketing, project management, product development, financing, supply chain, are some of the service expertise of Thrasio.   In This Episode: [00:37] Introducing Kevin Flaherty of Thras.io which I have connected with through LinkedIn [01:40] Thrasio started in 2018 when 2 of the CEOs came across Amazon. [02:55] After 2 years in operation, Thrasio has grown to 200 full time employees across the country and world wide. [03:20] Thrasio raised $500 million of growth capital and invested to build different teams. [05:15] Kevin started at PE working for advantage capital & public equity now doing acquisition schemes at Thrasio, negotiating with sellers. [08:09] Seeing platforms outside of Amazon as potential. [08:54] Buying Amazon businesses to optimize. [12:30] Walking you through The 4 components of payment in the Thrasio scheme. [16:50] Thrasio’s focus is on PL businesses. [18:56] Thrasio’s take on social media. [20:40] Is email list marketing a help? [21:30] Social media, shopify are not really great multipliers for Thrasio [27:30] Thrasio has 507 points checklists. [29:20] 3 important things to look at when evaluating a business.   Book References: The Catcher in the Rye By: JD Salinger You Don’t Own Me By: Orly Lobel   Links and Resources: wizardsofamazon.com Wizards of Amazon Courses Wizards of Amazon Meetup Text “Amazon” to 69922 Wizards of Amazon on Facebook Wizards of Amazon on Instagram Wizards of Amazon on LinkedIn Wizards of Amazon on Twitter WEBSITE AND CONTACT FORM: thras.io LINKEDIN: thrasio YOUTUBE CHANNEL: https://www.youtube.com/channel/UCHl91EJSdUB-iqkKqA2s_wQ SPEAKER'S EMAIL: [email protected]