Growing a business to achieve an incredible exit.
Alex Vainer is a great guy and an even greater entrepreneur. He’s the sort of person who always has his hands in a new project, always looking for his next business opportunity be it a way to make money online or a more traditional concept.
After starting his yoga mat eCommerce store, he simply ran out of time to operate it, so he decided he’d sell his business on Flippa.
To his great delight, even though the company was barely making any sales over the past year due to the lack of time spent running his online business, he ended up selling this online business on Flippa for $50,000, which was something around an 11x annual multiple.
Now he’s looking to start numerous online businesses with the sole purpose of selling them on Flippa.
