How to start a multimillion dollar business (with no money)
Hi Everyone!
Welcome back to my channel. In today’s video, I catch up with Thomas Smale. Thomas is the founder and CEO of FE International (https://feinternational.com)
FE International is an award-winning global M&A advisor of SaaS, e-commerce and content businesses. It has completed acquisitions for thousands of founders, owners and acquirers, and is the preeminent valuation thought leader in the industry. Its team includes experts in exit planning, valuation, accounting, legal and more.
Founded in 2010, FE is known for its extensive network of pre-qualified international investors. With headquarters in New York and regional offices in Miami, San Francisco and London, FE is an international company serving clients worldwide. It was named one of The Americas’ Fastest Growing Companies in 2021 and 2020 by The Financial Times and is also a two-time Inc. 5000 company.
– 94.1% sales success rate
– Over 1,200 successful acquisitions
– Over $1B in lifetime acquisitions
– Extensive global network of 80,000+ pre-qualified technology investors
Accolades and affiliations:
– Financial Times’ Fastest Growing Companies in the Americas (2020-2022)
– Inc 5000 US (2019-2021)
– Inc 5000 EU (2018)
– IBBA Top Global Producer of the Year (2016)
– IBBA Deal Maker of the Year (2016 & 2015)
– Financial Services Authority (FSA)
– National Association of Certified Valuators and Analysts accredited (NACVA)
– BBB A+ Rating
I ask him:
Tell us a little bit about your very first businesses.
How did you acquire your first 100 customers?
How did you get to your first 1000 customers?
How would you craft an effective startup exit strategy?
What advice would you give to a Saas Business owner on diversifying their customer base?
Thomas bootsrapped FE International. Can you tell us a little bit more about bootstrapping a multimillion-dollar organization.
FE International consistently doubles its annual revenues. Tell us a little bit about goal setting.
Whether you are an individual buying your first online business, or a seasoned investor looking to build on an established portfolio, FE International has a variety of e-commerce businesses for sale to suit your acquisition requirements. With a wide variety of online businesses for sale, FE International can find the perfect business for you.
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