Jason Kwan is the Chairman and President of Pearl West Group, a acknowledged Amazon mergers and acquisitions (M&A) close that has afresh fabricated some cogent acquisitions and grew exponentially. I afresh had the amusement to sit bottomward and allocution with Kwan about his history as an entrepreneur, how he came to be successful, and what he finds to be the accessible trends of M&A for abate online businesses currently active remotely.
Jason Kwan is the Chairman and President of Pearl West Group.
Like abounding acknowledged bodies afore him, Kwan took a massive risk: “My access into entrepreneurship was actual fortunate. I started account books about banking freedom, and afresh it boring led to books about starting a business. I absitively to skip university to accompany this route. My mom was actual agitated about it because she capital the best for me, and she anticipation that activity to university would accept a college adventitious of me acceptable successful. She additionally wasn’t adamant about it because she had some acceptance in me. And I could consistently go aback to academy if I fail.”
With annihilation but a dream and a little money in savings, Kwan bound affable headfirst into the acreage of entrepreneurship. “I started my aboriginal business at 17 years old. I was blaze a ton of courses on online business and how to use Google Adwords. I formed a agenda announcement agency.” Kwan bound accomplished the allowances of active an online business like this that can accomplish assets and was added or beneath passive. The lightbulb moment occurred back he went to a ancestors member’s bells and accomplished he was earning money with his business active in the background.
However, the better analysis in Kwan’s advance came back he abstruse of the ability of M&As. Still alive aural his aboriginal agenda business business, he had accomplished a 160% circuitous anniversary advance amount for eight years. “I never had the anticipation of affairs the business because I didn’t anticipate anyone would buy it. The bureau was centered about me, and I didn’t apperceive how it would action with me, but if I knew what I apperceive now, I would accept congenital the able systems and assassin the appropriate aptitude so that it could accept been sellable.” Eventually, Kwan confused his focus over to active an Amazon FBA (fulfilled by Amazon) mergers and acquisitions firm.
It didn’t booty continued for Kwan to apprehend the ability of active a business like this. Afterwards aperture its doors, Pearl West Group has focused on award the appropriate deals and brands area it’s a win-win for both sides. “Each accord is different, but we about action anywhere from 70% to 95% of the banknote upfront with the blow over a 1–2-year period. We
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