Follow the Podcast on iTunes and Spotify
Excerpt
Sean:
I just want to know your entrepreneurial journey. How did you start from being in the plumbing industry? How did you get the idea for buyingonlinebusinesses.com? What inspired you to say, Oh, you know what? I can do much more than this. I can build an online business empire?
Jaryd:
Yeah. So basically, I was plumbing. I got a job straight out of school. Well, I was still in school when I was plumbing. I did three days of school and two days of plumbing per week. All because I was pretty much dumb and I wasn’t very smart when I went to school. And I went into the… I guess dumb is the worst word for it, especially for children, but I went to dumb English and dumb Maths is what they called it.
And so, I just believed that I wasn’t going to do any office work or job and stuff like that. So I went in and started working on the tools. Over that process, I was working big hours– 60 to 70 hour work weeks and commuting in my car an hour to work or an hour and a half to work and then back home again. it was just very tiring. because I worked so much on the weekends, I just kind of wanted to just like get away from that and just started partying and went down a pretty bad track with drinking and doing silly things.
Over time, I’ve started to save my money as a plumber, and I just really had this massive desire to travel. So I started traveling and went to all this different places around the world and took big, long trips. I would save all my money for a year or more. And then I’d take about six months off and I’d go traveling. Then I’d come home with no money and then do it again. I did that process again and again.
What I realized on one of my trips, I was living in Egypt and I was a divemaster. So I was teaching people to dive and taking them scuba diving around the reef and stuff. And I realize on this trip that “hang on a second, like I’m just running away. I’m just saving my money and I’m running away from the life that I have in Australia.” It wasn’t good. So I really decided I needed to create a new life. I really needed a goal. So my goal was to work out how I could continue doing what I actually love, which is traveling. So I literally typed into Google, Sean “how to travel the world and make money online” which was quite funny. That’s where my journey started.
I started my website business and I didn’t make much more money either. I made a little bit of money, but not much. And that’s because I didn’t really know what I was doing. I didn’t know anything about digital marketing. And from there. I was still working. I went back and working on the tools as a plumber and I came across this stat. And this stat was that 90% of all startups fail.
And I thought, well, hang on a second. I know how to run online businesses now. And I’ve learned so much over the years. Why don’t I go away and buy a website business that’s past that 90% failure rate. Because my other startups were kind of failing and dwindling away.
And so that’s what I did is I typed it into Google again, “how to buy website businesses”. There was not really anybody teaching people how to buy website businesses and do due diligence and the research that you need to do. And the things you need to check off to make sure you buy a good investment.
So I taught myself and I bought a business. And then I bought another one. And from these two businesses, I was making more money than my day job as a plumber. So I quit and I went traveling and I bought another business. And then on my travels, what happened was people like, hang on a second. How come you don’t need to get a job when you go away? Or how come you don’t need to go home and earn some money? And I told them my story and they’re like, wow, you need to teach me how to buy websites. I finished one of my trips and realized that’s what I want to do. I want to help people. That’s where buying online businesses was created.