TMBA 467: The Long, Winding Road to 60 Remote Employees...
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Dan and Ian have been wanting to share the story behind this week's episode for quite some time.
Justin Cooke is one of the co-founders of Empire Flippers. Empire Flippers is a marketplace for online businesses. Since their inception, they have grown their team to around 60 remote employees, and have helped people buy and sell over $50 million worth of businesses.
It wasn't always like that, though. On today's podcast, Justin is joining us to share the story of how Empire Flippers came about.
You'll hear about Justin's background in the mortgage industry, how he joined forces with his business partner Joe Magnotti, why the market crash in 2008 left them with almost no money, and how they were eventually able to create Empire Flippers.
Listen to this week's show and learn:
What the team at Empire Flippers looks like. (6:40)
Justin's first forays into entrepreneurship and how he met his business partner Joe Magnotti. (12:59)
How Joe and Justin fine-tuned their sales skills in the mortgage industry and what happened when that industry collapsed. (18:08)
What led to their decision to start a new business outsourcing work to the Philippines. (31:26)
How Joe and Justin started flipping websites and eventually created Empire Flippers. (42:26)
Mentioned in the episode:
Before the Exit - Our New Book
TMBA Masterminds
Sponsor the TMBA Podcast
The Dynamite Circle
The DC Podcast
Help Us Choose a New Name for the TropicalMBA Podcast
DC BKK
Dynamite Jobs
Justin Cooke
Empire Flippers
Joe Magnotti
Baby-G
The Big Short
Upwork
The 4-Hour Workweek by Tim Ferriss
Amazon Mechanical Turk
Adsense
Flippa
The 11 Most Popular Online Business Models
This week's sponsor:
This week's episode is brought to you by Ahrefs.
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All you need to do is tweet @Ahrefs and @TropicalMBA, and let us know why you need to win.
Enjoyed this podcast? Check out these:
TMBA 363: The Value of Apprenticeships
TMBA 391: Breaking Up is Hard to Do
TMBA 462: A Conversation with Michael Lombardi
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HAVE COMMENTS ABOUT THE SHOW?
Do you have ideas for things you'd like Dan and Ian to discuss on future episodes?
Our producer Jane would love to hear from you at jane@tropicalmba.com or leave us a voice message using the record button below.
Thanks for listening to our show! We'll be back next Thursday morning 8AM EST.
Cheers,
Dan & Ian