Dan Faggella explains the outreach strategy his team used to cold-pitch niche blogs and forums for media placement.
Prediction Not checkable as stated
Faggella predicts AI will yield post-human intelligence within our lifetime
“Neuroscience and artificial intelligence and the stuff that I think within our lifetime, Nathan, will kind of tinker us beyond sentience and intelligence as we know it today into something kind of post-human and I don't think that's going to be in the next two…”
Insight
Digital publishing businesses typically command low acquisition multiples, Faggella learned
“These sort of digital publishing businesses, as I had to learn the hard way, don't get huge multiples.”
Assertion Not checkable as stated
Science of Skill reached nearly $2.5M in revenue using only Infusionsoft
“So I was with infusion soft with a martial arts gym to get it, you know, to a quarter million bucks. And then, you know, we got to shy of 10 times that size with the e-commerce business, all in infusion.”
Disclosure
Science of Skill paid $50 affiliate commissions on $100 customer lifetime values
“So our CLV for our membership programs were like a hundred and can, a 120 bucks. So we paid affiliates 50 or 60 bucks on a front end sale. But we wouldn't make that money back sometimes for three or four months.”
Disclosure
Faggella scaled Science of Skill via an unexpected, high-converting firearms audience
“For us, I've never owned a firearm in my life, but for some reason, the firearms market just, they bought our stuff. They bought our stuff hot. They bought our stuff heavy. They took the upsells. I can't tell you, but I was interested in getting an exit, so we…”
Assertion Not checkable as stated
Faggella sold Science of Skill for $1M, a 3x net earnings multiple
“The multiple of net for us was like around three X in terms of bottom line. So I think, you know, 3:30 something in terms of net at the end of 2016 was multiplied by three and we brought ourselves to a little bit over a million dollars adding, well adding in i…”