Entrepreneurship isn't a linear path.
Some entrepreneurs spend decades building a single business. Others buy, grow, and sell businesses repeatedly. Some focus on building a portfolio of businesses.
And then there are entrepreneurs who take it a step further.
After years of acquiring and operating online businesses, Mike Swigunski is now building Dividends, an investment platform designed to give everyday investors exposure to cash-flowing online businesses.
In this episode of the Opportunity Podcast, Mike joins Greg to discuss his journey from employee #4 at Empire Flippers to acquisition entrepreneur, investor, and now fund manager.
They explore how the online business acquisition market has evolved, what makes a business worth buying in today's environment, and why recurring revenue businesses continue to attract investor attention.
They also dive into AI's impact on acquisitions, the realities of operating a portfolio of businesses, and the opportunities Mike sees in making online business investing more accessible to a wider audience.
Whether you're thinking about buying a business, investing in digital assets, or simply curious about where the acquisition market is headed, this episode is packed with practical insights and lessons from someone who has spent years operating in the space.
Topics Discussed in this episode:
02:14 - Mike's journey from Empire Flippers to starting his own fund
07:46 - How the online business acquisition market has changed over the last 10 years
12:25 - An overview of what Mike's AI investing platform does
20:12 - Why Mike created his own fund instead of privately acquiring businesses
33:07 - SaaS, AI, and building defensible business moats
37:11 - How Mike plans to manage the businesses in his fund
41:58 - How Mike is funding his acquisitions and deal structures
46:19 - Sourcing deals and building an acquisition pipeline
48:31 - Mike's exit strategy and what investors get when the businesses sell
Mentions:
Empire Flippers Podcasts
Empire Flippers Marketplace
Create an Empire Flippers account
Subscribe to our newsletter
Dividends WeFunder page
Dividends Capital site
Sit back, grab a coffee, and learn how to invest in cash-flowing online businesses without having to buy one yourself.