Good marketing of the listing is crucial. This includes writing an appealing description, highlighting the unique selling points. For instance, if it's a mobile app, mentioning its high user ratings and unique features. Also, the reputation of the seller matters. Buyers are more likely to trust and engage with sellers who have a good track record on Flippa or in the business world in general. Moreover, having a growing trend in key metrics like revenue or traffic can be a major factor in a Flippa success story.
One key takeaway is the importance of seeing potential. Buyers on Flippa often find opportunities in websites or businesses that others might overlook.
Another example is a software startup. It had a great product but was running out of funds. They listed on Flippa. A larger software company bought it. They integrated the startup's technology into their existing suite. This not only saved the startup's technology from going to waste but also added value to the buying company. The combined product offering became more competitive in the market.
The common flippa horror stories can be grouped into a few main areas. Firstly, there's the problem of intellectual property issues. A website or business might be sold with content that has copyright problems. The buyer then has to deal with potential lawsuits. Secondly, there are issues related to customer base quality. A business might claim to have a loyal customer base, but in fact, the customers are not repeat - buying or are difficult to retain. This affects the future revenue potential of the business. Thirdly, there are cases where the seller simply disappears after the sale. The buyer is left with a business that has no support or proper handover, and they struggle to make sense of how things work and face operational difficulties.
One success story on Flippa involved a mobile app business. The app had a decent user base but the original developer lacked the resources to scale it further. A tech - savvy entrepreneur bought it. He focused on enhancing the user experience, fixing bugs, and promoting it more aggressively. Through these efforts, the app's downloads increased significantly, and it started generating a much higher profit margin.
Well, there was a case where a seller on Flippa misrepresented the revenue of an online business. The buyer, without proper due diligence, bought it. Later, when they dug deeper, they realized the actual revenue was a fraction of what was claimed. It was a nightmare for the buyer as they had invested a lot of money and had high hopes for the business. They faced difficulties in recouping their investment and had to put in a lot more effort and resources to try and turn the business around.
One success story could be that of Steve Jobs. He co - founded Apple and through his vision and innovation, transformed the tech industry. His ability to anticipate consumer needs and create products like the iPhone revolutionized how we communicate and access information.
Well, without knowing specifically what '19 5 success stories' are about, I can only guess. Maybe it could be 19 different success stories in 5 different fields. For example, in business, there could be stories of startups that managed to overcome financial difficulties and became very profitable. In the field of art, perhaps there are artists who finally got recognized after years of hard work. And in the area of technology, inventors might have created useful products that changed people's lives.
One key element is perseverance. Just like in the case of Thomas Edison, who failed many times before inventing the light bulb. He didn't give up, and that's what made his story a success.
I'm not sure specifically what 'ps ms 31' refers to in detail. But generally, success stories could be about individuals achieving their goals, like someone starting from a small business and making it big, or a person overcoming great difficulties to reach their dreams.