🤑 Monetization opportunities
🤝 Co-creating digital products
💰 Building new revenue streams
Let this be your biggest takeaway if you currently have over 3k followers.
@TweetHunterIO@thejustinwelsh Networking won't just help you with new revenue streams, but it's also the BIGGEST growth hack to grow to 50k followers and beyond.
Imagine 15 creators with 50K+ followers commenting on everything you post.
That's a sure-shot way to get at least 200 retweets on every post.
In the last 3 years, I've bought 11 products for a total of over $400K
One of the most successful acquisition Typeframes just crossed $10k MRR
The crazy part?
I acquired it last September, while it was trending down
Here's my guide on how to acquire products the right way🧵
I'm going to break this down into six steps:
1. The Right SaaS Acquiring Philosophy 2. How To Search 3. Assessment + Due Diligence 4. Negotiating And Giving An Offer 5. Acquisition Process (How To Pay Only 50% Cash Upfront) 6. How To Grow Profitable Post-Acquisition
Step 1: Get Your Acquisition Philosophy Right
I see only 2 types of successful acquisitions:
• Combine it with your existing resources and you can 10x the revenue
• A broken product that you can fix and 10x the revenue
I look for some particular factors while searching 👇