Quiet Light Podcast

Quiet Light Brokerage client Derek Teschner and his father purchased Herb Affair, an herbal supplement ecommerce website, in 2012. Derek and his brother run the day-to-day operations. Derek’s father has operated his own construction business for over 30 years. Today Derek talks about how growing up in an entrepreneurial family has influenced the business and he addresses some of the issues they faced in the early stages after they took over Herb Affair. Derek said the website and customer base were two of the main things that attracted them to Herb Affair. He said when Herb Affair came across his desk a lightbulb went off and it seemed like the right fit for him. Derek’s company has more than 90 herbs and spices and 150 to 200 SKUs and has seen steady growth since Derek and his brother took over. He says that initially the herbal supplement world was a new thing to them and a lot of time was spent learning about the products and ecommerce. He talks about some of the things that have helped Herb Affair

For potential website buyers many things factor into their decision on finding the right fit for them. Quiet Light Brokerage client Simon spends some time today discussing his process in looking for the right website. Simon has a digital media background and creates digital strategies for large companies. He knows he is looking to buy a website that has very specific characteristics in the healthcare space. We begin by discussing the buying versus building of websites. Simon favors buying an existing site because he knows what he is looking for and his needs are very specific. He’d rather find an existing online business website that addresses everything he is looking for and that he can scale. Simon is not in a rush to buy and is instead looking for the right fit. He explains his checklist in considering existing sites: A strategically sound business Something in the healthcare space where he is knowledgeable A niche market as opposed to mass market Large customer database in existence Solid Google