Amanda Raab is a highly experienced entrepreneur with multiple million dollar successes to her name. First introduced to Quiet Light Brokerage when she was looking for another business to add to her portfolio, Amanda quickly demonstrated why she is repeatedly successful online.
In 2003 Amanda started PurePearls.com and was subsequently featured in TIME Magazine, Houston Business Journal, InStyle, Modern Luxury, WWD, and many other publications. She followed this up by shooting a documentary in Asia on pearl farming and what goes into the making of a pearl necklace.
In 2005 Amanda continued with her entrepreneurial spirit by launching 5 websites in the publishing industry and turning them into multi-million dollar businesses. She has continued to start websites from the ground up, buy distressed businesses, and sell from her own personal portfolio.
“After numerous (failed) attempts to sell my two websites on my own, I finally began my search for a business broker. All roads for selling a high valued website led to Quiet Light. I reached out and was contacted by Amanda. From the moment she took over, I was at ease, comfortable, and confident. I was then exposed to the QL process and once all information was submitted we were ready to launch the listing. From day one there, was interest and within a month or so I had the money in my account just in time for my newborn baby, couldn’t have planned it better! Amanda was proficient, professional, friendly, and explained everything along the way. Sure glad I decided to look up a business broker!”
– Greg Berry
Question & Answer with Amanda Raab
What drew you to make your career online?
I started my first business while I was going to grad school full-time and working 20 hours per week to put myself through college which only left late nights for me to build my business. The internet was the only outlet that allowed me to have flexibility with my schedule and gave me a world wide reach to market my high-end pearl jewelry. I also found that this was a major turning point in my life because I had access to so much more information and could teach myself anything I wanted to learn on the internet and was able to make valuable connections that I would have never been able to make locally.
What is the #1 mistake people make when selling their website?
I feel business owners can often feel overwhelmed by maintaining clean books and often put this as their last priority. When looking to sell a business, it is essential to have -financials well-documented so that you know how profitable your business is. It not only helps in selling the business but it also helps a business owner make more strategic decisions in how they reinvest money into the company.
Did you always know that you were going to be an entrepreneur?
Yes, 100%. Going through college, I had always envisioned running my own private practice with a team of therapists. It just so happened that I chose another entrepreneurial path before I had gotten to that point. I certainly never imagined I would be a serial entrepreneur.
What is the best bit of advice you ever received?
Don’t be afraid to fail! As an entrepreneur, there will be failures along the way but it is in those failures that we learn and grow.
If you could have just one superpower, what would it be?
I’d love to be able to reverse time! Not only does time go by way too quickly, it would be really cool to be able to make decisions in the past based on what I know now.
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