Investing in Online Businesses From an Investment Banker's Point of View

Chris Shipferling is the Managing Partner and Head of Business Development for Global Wired Advisors, a leading digital investment bank focused on optimizing the business sale process. His career focus is sales and marketing executive in consumer products. 

For the past seven years, Chris has focused exclusively on high-level consulting for multi-million-dollar omnichannel, digitally native, and Amazon-based private label and re-seller brands. He finds client companies poised for sale, guides them through the initial steps, and then prepares them to make the best possible first impression. Chris enjoys working closely with owners throughout the process of selling their business, getting to know them personally so that we can better assist them in realizing their goals.

For a business owner, selling can be a daunting task. Limiting any risk of loss and ensuring interests and the interests of customers and stakeholders is an important part. Business owners are recommended to research different avenues to ensure they maximize the value of their company. But what if there was a way to optimize the business sale process? 

Chris Shipferling advises online business owners not to rely solely on hearsay  - especially when selling their business. Information shared by friends, family, and mastermind group members may not be substantiated or have proven data to back it up. The seller may not know what is true and what is false. So, where should sellers get the best advice before selling their businesses? 

Chris Shipferling, the Managing Partner of Global Wired Advisors, joins Rich Goldstein in this episode of the Innovations and Breakthroughs Podcast to talk about investing in online businesses from an investment banker's point of view. They also discuss what sellers need to know before selling and exiting their businesses and Global Wired Advisors' process of investing in brands.