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 wayπ§΅
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:
β’ Combine it with your existing resources and you can 10x the revenue
β’ A broken product that you can fix and 10x the revenue
I look for some particular factors while searching π