There are many ways to earn money online, and one very famous and low-competition business idea is website flipping where people create or buy websites and then sell them for a good profit. Today, we are going to tell you about a successful website flipper named Thomas Smale.
Thomas Smale is a website flipper from abroad. He builds or buys websites and later sells them to earn good profits. Last year, a podcast featuring Thomas went viral on YouTube, where he shared his journey in website flipping. If you also want to turn your $100 into thousands of dollars, then this article will be very helpful for you.
Who is Thomas Smale?
Thomas Smale is a website flipper. This means he researches website ideas, works on building or improving websites, and later sells them at a higher price. He deals either directly with buyers or through online marketplaces. There are many platforms available for website flipping, but the most popular international marketplace is Flippa. In India, an alternative to Flippa is SafeFlipping.com.
Thomas shared that he started flipping websites and domains while he was still in college, around 2008-2009. Over time, he kept learning more and more and grew from flipping a $100 website into earning $500 to $1000 from a single deal.
Thomas Smale Website Flipper Podcast
Thomas appeared on a YouTube channel called Starter Story last year, where he gave a podcast interview. He is the founder of the online marketplace FE International.
In the interview, Thomas explained that he started learning about website flipping around 2008, during his college days. He taught himself everything without any formal training.
At first, he bought a small website for around $100, worked on it, and later sold it for about $500. He even used a credit card to buy his first website!
Later, he also wrote a book on buying and selling websites. This book became very popular and helped many people generate good income by following his methods.
The Story of FE International
In the podcast, Thomas also shared the story behind FE International. He launched the marketplace in 2010. Since he did not have much technical knowledge, he quickly hired technical staff to help him. He also brought in business partners from big investment banking backgrounds.
Thomas focused on the 80-20 rule (focusing on the 20% efforts that bring 80% results) to grow FE International. Today, according to their website, FE International has successfully handled transactions worth up to $50 billion. FE International mainly focuses on buying and selling online businesses like websites, apps, and SaaS businesses.
How to Start Website Flipping?
If you also want to start a website flipping business, it can be a great opportunity because you can start with a small investment of around $100 and make good profits by selling the websites at a higher price.
However, you need to decide which type of website you are comfortable working on.
For example, you can work on:
- E-commerce websites
- Blog websites
- SaaS (Software as a Service) websites
- News websites
If you are a beginner, it is important that you first learn about website flipping properly, and only then start investing your money.
Who is Thomas Smale CEO of FE International?
Thomas Smell is a prominent entrepreneur and M&A (merger and acquisition) expert, the founder and CEO of FE International. He founded this company in 2010 when he was working to buy and sell small online businesses.
His company has successfully completed over 1,500 deals so far, with a total value of more than $ 50 billion (FE International). Thomas Smell established Fe International without any external investment and converted it into a leading global M&A advisory company (YeC).
His expertise is in the acquisition and sale of SAAS, e-commerce, affiliate and content businesses (Getlatka). His company holds headquarters in New York and also has offices in London, Miami, San Francisco, Mumbai and Warsaw (FE International).
Fe International has been included in America’s fastest growing companies by the Financial Times for five consecutive years from 2020 to 2024 (KGET NEWS). Thomas Smell believes that it is his mission to help technical founders to convert their views into effective realities.
They speak regularly at industry conferences and advise entrepreneurs on the growth and exit strategies of their businesses. Under his leadership, FE International has made his mark as a reliable advisor for technical businesses.
Here are some Related article –
- How to Price a Business for Sale: A Complete Guide for Owners ?
- 11 Profitable Website Ideas That Actually Make Money Online
- How to Give Admin Access on Facebook Page : Step by Step
- Mistake Beginners Make in Website Flipping
- Is Buying Expired Domains Still Worth It ?
