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E310: What To Look For When Investing In A Business with Andrew Youderian

The EcomCrew Ecommerce Podcast · April 13, 2020 · 38 min

Summary

Happy Monday! I hope that you're doing well and staying safe in these crazy times. Keeping an ecommerce business afloat while also going through a pandemic is quite the challenge. With the borders closed, Amazon FBA services delayed and most 3PLs either closed or working at low capacity, it's definitely a challenging start to the year for most, if not all of us entrepreneurs. One thing that's going to help some of these businesses stay afloat is looking for investors. So in today's episode, I sit down and talk to Andrew Youderian, a friend of the show who just recently launched a new project: Ecommerce Fuel Capital, and how it can help some businesses stay afloat in these hard times. We talk about what Ecommerce Fuel Capital exactly is, the people who've partnered up with Andrew, and specifically, the characteristics that Andrew's looking for in a business to invest in. I've done an episode on the Podcast before about the criteria I'm looking for, but in this episode, Andrew and I discuss in-depth about the several factors that both of us chose. I think that today's episode will definitely be insightful. People who are new to the industry will know about the characteristics that their businesses should strive for, while seasoned entrepreneurs can take a peek into what Andrew and I are thinking of when looking at businesses to acquire. If you're looking to sell your business, and you feel like your business fits these categories, feel free to message me at support@ecomcrew.c

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