Revisited - Building a Million Dollar Business Portfolio by Age 24 With Simon Treulle [The Opportunity Ep75]

While Greg gets his bearings after weeks of travel, we
revisit another of our most popular episodes.


Successfully scaling one online business is hard enough,
but building out an entire portfolio of businesses is a challenge
few entrepreneurs are able to overcome. 


Not only did Simon Treulle knock this challenge out of the
park, but he achieved this entrepreneurial milestone before the
age of 24! 


Simon is the founder of Pangolia, a business with multiple
high-value brands and content sites under its umbrella. In this
episode, Simon explains how building a strong network of mentors
and fellow entrepreneurs helped him accelerate his success, and
why maintaining good relationships with suppliers is key.
According to Simon,


"If you want to grow your content site, build good
relationships with your affiliate managers. They are humans and
they are in the business of relationships. Talk, help each other,
and you'll see your business grow."


Simon gives us insights into his entrepreneurial journey,
including what inspired him to move from Denmark to Chaing Mai,
the epicenter of SEO, when he was just 19. He walks us through
the hard work and sacrifice that helped him achieve success, and
why he chose to hone in on the pet niche when building out his
portfolio.


Speaking of his portfolio, Simon also discusses how he
transitioned from building sites into buying them, what he looks
for in new business acquisitions, and the benefits of
consolidating multiple small websites into one big site. He also
explains why he made the jump into eCommerce through his latest
acquisition, Hepper, and reveals how he grew Hepper from
100 visitors per day to 40.000 readers per
day. 


If you want to know how to make the leap from owning one
business to owning several, this episode is the perfect place to
start!
Topics Discussed in this episode:


Simon walks us through his experience entering the world
of online business (02:14)


Why Simon decided to build a portfolio of businesses in
the pet niche (12:14)


How Simon transitioned from owning one business to
running several (14:17)


The benefits of running eCommerce and content site
businesses in synergy (16:36)


What qualities Simon looks for in a new business
acquisition (18:46)


How Simon adapted to running an eCommerce business
alongside his content sites (23:53)


How Simon grew the traffic on his eCommerce site from 100
daily visitors to 40,0000 (27:11)


The key to successfully running multiple businesses
simultaneously (31:22)


Simon's advice to entrepreneurs looking to replicate his
success (32:04)


Simon reveals what's next, and his plans for growing his
businesses further (37:23)

Mentions:


Empire Flippers Podcast


Empire Flippers Marketplace


Pangolia


Hepper


Ahrefs



Sit back, grab a coffee, and learn how to grow
one content site into a powerful portfolio of online
businesses.