Ep.11 How to Get Your Amazon Business Ready to Sell to a Buyer with Ken Kubec of Thrasio

Welcome to the Sprint to Profit Podcast. This is Kirsty and Isaac. This podcast was developed by and for Amazon Sellers to give you the latest strategies that are working right now to grow your Amazon business as well as how to plan for your future growth and lifestyle.

In this episode, we are going to be speaking with Ken Kubec from Thras.io, a company that acquires Amazon businesses. Thras.io is one of the fastest-growing acquirers of Amazon brands acquiring 3-5 a month. They have already acquired over 45 brands and accelerate revenue growth on and off of Amazon.

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To get some FREE training on what it takes to have a successful business to fuel your lifestyle, head to www.goteamreal.com to download our FREE training today.

Talking Points:

• 00:20 - Introduction and Who We Are
• 02:05 - Ken’s personal journey and how he ended up starting Thras.io 
• 10:06 - What type of Amazon businesses are best when it comes to what a potential buyer is looking for 
• 13:57 - Thras.io and brand identity 
• 17:27 - 2 or 3 of the most important concepts that Amazon sellers need to grasp when setting their business up for sale
• 24:55 - When is the best time to sell your Amazon business? 
• 33:55 - The process of what your team does to help make the sale of the business as smooth as possible for both the seller and the buyer 
• 38:30 - Common mistakes or overlooked parts of an Amazon business 
• 42:41 - Ken’s helpful tips or pointers for people who are preparing to sell on Amazon
• 47:59 - Conclusion 

Resources/Links:

Ken Kubec email: [email protected]

Thrasio Link - https://www.thras.io/

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

Quotes:

13:13 – “The get rich quick days of Amazon are over, in my opinion. And if you don’t treat it like a real business, it’s not going to be a real business.” – Ken Kubec

15:54 – “Professional grade photography and photos, that is the number one thing that sellers look at.” – Ken Kubec

18:55 – “Think from the mind of the buyer. What’s going to make this an easy process? What’s going to make it easier for them to know how much I’m actually making” - Ken Kubec, on how to prep to sell your business to a buyer.

26:27 – “You want to be selling at your strongest point.” – Ken Kubec