S2E49 -Mohit Tater - Buying and selling businesses for 3X

Mohit Tater - Buying and selling businesses for 3X Does the thought of buying and selling a business seem intimidating? What if someone did the hard work for you?. My next guest has a private equity firm that buys, builds, and sells online businesses. In this episode, he talks about his journey, some of his failures, what type of companies he specifically focuss on, the average annual returns, and how investors can get started. Please welcome Mohit Tater. Key Timecodes (00:58) - Background history (06:45) - How he classifies his business model (06:54) - Who can invest in his business? (07:05) - Where is his headquarters located? (10:23) - What is his portfolio strategic focus (12:53) - How many online businesses does he hold? (13:29) - What is his profit goal when selling that business? (14:17) - How many employees have in his company? (15:13) -  How investors can be involved in that business model (18:18) - How the revenue generation works? (22:32) - Some examples of websites on his portfolio (24:18) - Deeper into the strategy and some examples: creating passive income fonts (30:05) - How long does he usually analyze companies before buying? (32:04) - Is he a solo owner or does he have any partners in that company? (32:17) - How do transactions and security work during negotiations? (37:40) - The worst business or investment advice he ever received (38:25) - The best business or investment advice he ever received (40:18) - Guest contacts Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.