I bought the Site, NOW WHAT with Jaryd Krause former Plumber #Best Education Page #Online Earning

yeah so what I do is I just try to

become a sponge and absorb as much

information from the seller first before

I go away and make radical changes there

are a lot of people out there that do go

away and buy businesses and like look

let's just jump in there and make all

these changes and this is some stuff

that I've done before like I'm that type

of person that's like a massive action

taker and so the first thing I'll do is

like I'll really work out how the

businesses running as a machine and and

see for a month or two what parts are

doing well what are not doing so well

and is it viable to change those things

and then once I know a fair bit about it

and it depends whether it's got VA s or

employees with the business if it's got

VA s then this that's a massive

advantage because you got a lot more

you've got access to these guys for the

duration that you own the business so

they're gonna stay onboard and they're

you know so much more about the business

than you so I bought a business with

suits MBAs and like I did three calls

with the salary I learned so much but I

learnt a world more of knowledge than

from the VA s so I really absorb as much

as I can from them because they're in

the business on the ground so I learned

that's the first step as I learn as much

as I can about the business and then I

take the strategy that I put him I put

down on paper that I wanted to do to

change the business and then I ask

myself again these changes what the

business actually needs and if so how do

i implement them if they're not how do I

change them and then I start making

those changes so whether it's like

alright

SEO what's the most important thing for

SEO right now marketing what's the most

important thing that needs to be done in

the marketing right now and then I'd

like kind of when I do make those

changes is identify the low-hanging

fruit of like some small tweaks and some

small changes that I can make to grow

the business and the low-hanging fruit

could be they have an email list and it

could be a couple of thousand

subscribers strong and it hasn't really

been targeted and that's a low-hanging

fruit where I could just write a couple

of emails introduce myself as a new

owner or just so hey there's a change in

management

and we're changing a few things we want

to make sure we can ensure this business

gets better or whatever it is and then

start building a better relationship

with them start making some more revenue

out of some email marketing so a few

different things is the first thing

listening learning as much as you can

double checking your strategy

identifying the low-hanging fruit and

then the fourth thing would be

implementing those the strategy that

you've changed controlling it do you

have any tips for prioritizing what to

do and when you know you mentioned the

low-hanging fruit which that makes sense

it's a little bit easier to write but

let's say you have a few that it's hard

to tell what's easier or what's gonna

have the best ROI in a short or long

term timeframe so how do you figure out

what to do what yeah I think it it's a

tough one because it really depends on

the business as well like if the

business is it's got a lot of expenses

and they're not as important then and

you want to get some income into the

business I think that's something to

just jump into straightaway but say for

example that's got a lot of expenses and

it's making me a decent money income but

you can see there's more value to be

added in earning more more income more

opportunity there I'd say stick with

stick with the expenses that are there

anyway because they're getting used so

you don't have to relearn new tools or

whatever you use to sub out those other

ones and then you know go for that

opportunity and earning the income

quicker rather than just taking away the

expenses and it really depends on the

shape of the business and the bitless I

would love to give you just like this

definitive answer but I think that's the

best I can do yeah that one yeah I mean

that's when I get questions like that

usually as long as you don't make like a

catastrophic mistake where you can't

like you know have flexibility to yeah

adapt it's probably okay and the thing

is like you never know which is the

better decision because you can't go

back in time and like do the other thing

so as long as you don't like totally

it up like it's usually

so yeah yeah that's totally fair I mean

like that's that's the deal like you

have to make a decision with like not

enough information you don't know if

it's right try not to mess up too bad

and then hopefully you know you'll learn

from it at the end of the day like even

if it wasn't the best decision so

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