Ep. 82: Buying and Co-Operating Amazon Businesses to Help Brand Owners Get Payouts Even If They Keep Ownership with TJ Hyland of Elevate Brands

Welcome to the Sprint to Profit Podcast for Amazon Sellers. In this episode, we are going to be speaking with a good friend of ours in the realm of Amazon, TJ Hyland, who has a new role at a company called Elevate Brands. TJ is no stranger to the Amazon world, nor is he a stranger to our podcast. Today he’s talking about what Elevate Brands can do for sellers, what they’re looking for in terms of partnership, and his opinions on the best time to sell.

Elevate Brands is a company that specializes in acquiring Amazon brands and running them to elevated heights all while paying the original owner a handsome buyout so that both parties walk away happy in the end, if the company is a good fit for purchase! Today TJ is talking with us about his new role and how Elevate Brands looks at Amazon businesses for acquisition!

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Talking Points:

• 00:23 - Hello and Welcome
• 01:29 - How TJ got into the Amazon space
• 04:00 - How Elevate Brands works with sellers
• 08:00 - The partnership between Elevate Brands and sellers
• 11:20 - Budgeting and inventory
• 13:00 - What types of businesses and entrepreneurs Elevate is looking for
• 22:02 - When is the best time to sell?
• 28:30 - What you should do during the selling process
• 34:00 - Most important piece of advice
• 38:33 - Reaching out to TJ and Elevate Brands
• 39:30 - Conclusion

Resources/Links:

Elevate Brands: https://www.elevatebrands.com/

TJ’s email: [email protected]

TJ’s LinkedIn: https://www.linkedin.com/in/tj-hyland-31b69940/

Money/Time Investment Tool: https://www.goteamreal.com/smartgoal

Our Website: https://www.goteamreal.com/

Real Amazon Seller Facebook Group: https://www.facebook.com/groups/AmazonSellerRoundTable/

Quotes:

“You need to decide what you want to get out of this.” - TJ Hyland

“Every situation and every brand is unique.” - TJ Hyland

“We’re pretty category agnostic; we’re pretty open.” - TJ Hyland

“Having clean books and having books in general. From an evaluation standpoint, that’s incredibly key as well.” - TJ Hyland