Ebay is a fantastic worldwide marketplace where almost anything you can imagine is being bought and sold at any given moment.
And for the entrepreneur, this now includes businesses. Now this may not be the initial game plan in a entrepreneur or angel investors strategy, but it actually could make a lot of sense in terms of rapid development and deployment of a online business, and the fastest route to liquidity youÃ¢Â€Â™re going to get.
Kiko, a Web 2.0 calendar service just posted their business for sale by auction on eBay.
Now in this case, it clearly was not their intention or hope to put the business up for sale on eBay so quickly, but based on competition from Google that sounds remarkably Microsoftian, KikoÃ¢Â€Â™s founder decided to throw in the towel.
But letÃ¢Â€Â™s examine this even further. Is this really a failed business Ã¢Â€Âœdiving into the deadpoolÃ¢Â€? as Richard White a member of the Kiko team states? Or was it simply a nimble team that was reevaluating their opportunities and seeing the prospects for growth with Kiko as well as the competition it faced making a decision to pursue other opportunites and save some of their investors cash.
Now, back to the eBay auction, lets see what this goes for. There have been businesses like the Jux2 Search Engine that sold on eBay last year for over $100,000. This type of sale creates a liquidity event for everyone involved at a very early stage.
What if building a business to flip on eBay were the gameplan from the get go. A couple of web developers could put together a web application that might have a lot of promise, but they donÃ¢Â€Â™t have the marketing budget or wherewithall to get traction with users.
Hack it together over a couple of months, put it for sale on eBay, flip it to someone who has the resources to grow it and invest in it, and move on.
Can we solve the #1 Business problem people have today? Yes -- and the answer is simple...
The coffee vending business is your opportunity to cash in on the 30 billion dollar coffee industry.
Millions of people retire in poverty - but it doesnt have to be this way!
Origami Owl serves as a vibrant and beautifully beaded inspiration to aspiring independent business owners.
PromoSlam has a mission to develop real solutions for individuals and families
Breathe Legal™ is a unique socially responsible franchise opportunity using alcohol Breathalyzers...
With 2,000 locations open or in development in 15 countries, Snap Fitness is the top choice
ActionCOACH Business Coaches make a difference and create wealth for all parties involved...
Amazing opportunity for only $500 in an industry that is prime for sales.
Jamberry Nails signature product, Jamberry Nail Shields, which are essentially stick-on nail art