Thomas Smale Profile picture
CEO @FEIntl - M&A Advisory. Helped Tech Founders exit over 1200 times | Follow for tips on buying and selling businesses
Nov 10, 2022 11 tweets 3 min read
7 life lessons you can take from Elon Musk’s TWITTER TAKEOVER for $44 billion: 1) Make yourself valuable

Elon made a bid that could not be ignored.

If you want to be taken seriously, put something on the table.

It doesn’t have to be $44 billion.

Develop skills that can save people time or money.

It’s the fastest way to make connections and grow.
Oct 26, 2022 12 tweets 5 min read
These 10 tools will 10x your online business🧵👇 1. Zapier:

Zapier is one of the most powerful tools you can use in your business.

It has 5000+ apps integration which will:

- Save your time
- Save your resources

& you can basically operate your whole business on Auto-Pilot.
Oct 24, 2022 4 tweets 2 min read
We @FEIntl sold a SaaS

It was an Address Validation Shopify & BigCommerce App.

Here are some details for you:

Sold Price $10-100M
Yearly Net Profit $2,418,000
Yearly Revenue $2,424,000 The app was launched in 2017 and it solved a huge problem of invalid adresses.

A single invalid adress costs $18 to an E-com store in redelivery costs and customers also leaves negative reviews.
Jul 1, 2022 5 tweets 1 min read
A @Shopify app sold for $2,800,000 💰

Here are some key details about the business that might help you build a valuable SaaS business too: ️ 💰 Solved a significant pain point for merchants by accurately helping customers determine their size, which reduced return rates.
Jul 1, 2022 14 tweets 3 min read
Looking for an inspiring success story?

@FEIntl recently posted an article featuring @AJAgrawal24.

Here's how he launched, built, and made a high 7-figure exit from his wildly successful CBD business @VermaFarms.

⬇️ 1/ Agrawal launched @VermaMedia, a business that allowed him to hone his marketing skills.
Jun 30, 2022 6 tweets 1 min read
An affiliate site founder made an 8-figure exit!

Wish I could share all the details, but here are 5 insights that I *can* share... 1. Featured 10 years of operational history
Jun 30, 2022 10 tweets 3 min read
Need to improve your customer service but don't have the resources?

Try these 8 things: 1. Create thorough product descriptions.

Inquiries will decrease when customers have a clear picture of your product's benefits and features.
Jun 29, 2022 7 tweets 1 min read
Founder walked away with $5.5M+ for their SaaS biz.

What attracted the investors?

⬇️ - Featured a dominant presence in the $67B mobile marketing industry

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Jun 29, 2022 12 tweets 3 min read
How did a former @trulia and @HotPads marketing leader successfully launch two SaaS companies by solving customers' pain points?

Here's @dohertyjf's inspiring story in 10 points: 1/ John freelanced as an SEO expert.

When he decided to quit, he began connecting his old clients with other digital marketing companies.
May 22, 2022 7 tweets 2 min read
Our average SaaS multiples are:

4.0x-6.0x for businesses under $2M
6.0x-10.0x for businesses over $2M

Want to know what it takes to increase your multiple?

Do these 5 things:

⬇️️ 1. Documentation: maintain clear and complete financial records. Hire a professional to help you from day one.

⬇️️
May 20, 2022 8 tweets 2 min read
Know a lot about bugs? Well...pest control?

One founder did and made a 7-figure exit from their affiliate site.

Details below...

⬇️ 🎯 Rapidly growing content business in the pest control niche, an industry forecast to generate $27.6B in global sales by 2025.

⬇️
May 20, 2022 8 tweets 2 min read
A mistake I see founders making?

Failing to optimize for their exit.
-No metrics tracked
-No financial records prepared
-No idea what they want/can get for their business

Fix that with these 6 tips:
⬇️ 1) Reduce churn.
Most can improve churn rates by improving their onboarding process, increasing customer service efforts, updating FAQ pages, and adding help articles that keep customers informed.
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