In one of my most interesting chats, I have with me Blake Hutchison, the CEO of Flippa, the leading global marketplace for buying and selling websites, online stores, and digital properties.
Some of the topics we discussed:
- Criticality of sales
- How valuations are data-driven based on extensive transaction history across different business types and metrics; Factors like revenue, growth, costs, category are considered.
- Why founders should focus on product-market fit without investor funding initially.
- Traits needed for a startup founder to be successful
- How mindset differs within regions globally
- Managing cross-functional teams to build high-performing teams
- Branding to be a very effective tool for sustainable growth through organic traffic and referrals.