Empire Flippers 3 weeks ago
Anywhere (100% Remote) · Full Time
- 🧨 Staff Pick
- 💥 Work for a DCer
- 💰 $50 – $60K Annually
- 🗺 Anywhere in the World
- 📅 Applications Close April 25th
- ⚕️ International Healthcare Coverage
Now Hiring: Remote Investment Analyst
Want to be part of something different?
You can when you work with us.
We are looking to bring on another talented hire to join our EF Capital team starting June 1st, 2021.
While the role will require you to put in some hours during US time zones, the role itself is location independent, allowing you to work and live anywhere in the world. Whether it’s a beach in Bali, the side streets of Tokyo, or a villa in Mexico – the choice is yours.
We’re looking for entrepreneurial self-starters, excited about building a new division of an established, exciting internet company. You’ll help build this new venture from the ground up, but with the guidance and expertise of a management team who’s already done it successfully.
You’ll be plugging into a network of business professionals who invest, buy, and run successful, profitable internet companies. You’ll be working with other driven professionals and mentored by a management team that truly wants to bring the best out in you.
The industry is going through a period of explosive growth and our company is on the bleeding edge of investing in online businesses. This new asset class has been exploding in recent years and we need your help to scale.
This is the position we wished we had when we were starting out! A remote position in a kick-ass remote company that works and plays hard.
Ready to get started?
If this sounds like an exciting opportunity for you, then read on to learn more about our company and how to apply for the position!
So What is an Investment Analyst?
An Investment Analyst works directly with operators on the EF Capital platform.
You will be responsible for vetting the track record of successful online entrepreneurs who want to operate portfolios for EF Capital. This includes analyzing their current and past business performance to evaluate whether they are a good fit for our program.
You will also be responsible for working with existing operators to help with due diligence on new business acquisitions and generate quarterly performance reports for investors.
If you’re selected, and after a six month probationary period – assuming it’s a good fit for everyone – you will be invited to join our team officially, where you will become a fully fledged Investment Advisor.
What’s Our Story?
EF Capital is the latest division of Empire Flippers that enables investors to own fractional pieces of high-growth internet businesses. This is done by providing a marketplace to match up passive investors and experienced online business operators to purchase and run profitable online businesses.
Empire Flippers was started back in 2011 as a place to buy small advertising sites. The company was started by two founders working from home and now has more than 76 people working all around the world, successfully selling more than $240,000,000 in online businesses.
The goal remains simple – connect the sellers of high-quality businesses with entrepreneurial buyers.
The problem EF Capital solves is that buying an online business requires a particular skill-set – one that many investors, high net-worth individuals, and investment funds just don’t have. This skill-set issue is a limiting factor that, once solved, could open the floodgates in taking this asset class mainstream.
Empire Flippers has already established incredible market demand. The company has more than $2.8 billion in verified liquidity from potential investors with more being added every month.
EF Capital is in a unique position to pair investable capital with our established network of accomplished and experienced entrepreneurs and portfolio managers.
We’ve successfully completed the first pilot round of funding $7M+ and our operators are in the process of deploying the capital. We’re now ready to expand the program so that we can start operating at scale.
That’s where you come in!
What’s the Opportunity?
Becoming an Investment Analyst will put you in a critical role at EF Capital.
You’ll be joining a very fast-paced team in a high-growth environment. The work will be challenging and you may find yourself wearing several different hats along the way.
While we have the support and backing of a larger established company and brand, it’s not wrong to say this will compare closely to a rapidly growing startup in the financial services sector.
You won’t be another cog in the wheel of some larger corporation. You won’t be employee #30492 looking to skate by and hope that your peers or supervisor can cover for you. You’ll be an absolutely critical player in a company with big expectations and opportunity.
Your work ethic and skill-set will have a direct impact on our growth. You’ll gain access to our Rolodex, receive direct training, mentorship and support, and gain valuable insights into the online business space that no course could ever teach you.
You’ll be working right away with savvy investors, successful entrepreneurs running dozens or hundreds of sites, and portfolio owners and management teams running global product brands.
Do you want a seat at the table? A real shot to be a leader and have a voice in a fast-growing industry?
If we’re a good fit for each other, that’s exactly what you’ll get with this position.
What’s This Investment Analyst Position Like?
While you can expect to work hard and wear many different hats, we’re not terribly corporate. Empire Flippers has been an INC 5000 company for a number of years, but we’re completely bootstrapped, have no board to answer to, and are focused on results, not politics.
You’ll find much of the same at EF Capital.
When you first come on board as an Investment Advisor, you will start learning more about our industry before jumping into the job. First you will learn about the different types of online businesses available for sale on Empire Flippers. Then you will learn about EF Capital. You will become well versed in all of our processes, from how investments are structured down to intricacies of business acquisitions.
Once you have the basics down, we will train you how to value online businesses and evaluate past performance. You will spend a lot of time working with numbers in Google Sheets. This is not a sales role but you must be very comfortable on the phone and willing to reach out to clients when needed.
You might be wondering, though … what will your daily work routine really look like once you’re up and going?
Here is a list of daily tasks we’ll expect from you (not exhaustive and subject to change):
- Building a P&L on a potential operator’s previous business to help us decide whether to accept them for EF Capital
- Hosting calls with potential operators to discuss their previous or current portfolio performance to understand the risks of their strategy
- Evaluating an existing operator’s acquisition target and helping the operator project returns to investors based on different variables such as growth and purchase multiple
- Working with third party accounting firms and existing operators to put together financial statements and quarterly update reports for investors
- Figuring out ways to improve our existing process to maximize investor returns and create a better experience for operators
What Skills Are Needed?
We believe in hiring people who are a good fit with us culturally. We want people who are hungry to learn, but also people that will be fun to work with.
However, that doesn’t mean we aren’t looking for a certain kind of skill-set.
While no previous work experience is needed, experience in an analytical role is a big plus. Any background in e-commerce or online business is also helpful. However, we are looking to train the right person, so if you don’t have that experience, don’t let it stop you from applying.
You must be comfortable talking and with people. You need to be able to pick up the phone and call someone to work through complex issues.
You need to be detail-oriented. Being an analyst is a meticulous job. You will be pouring through spreadsheets, traffic analytics, and revenue data, day in and day out. It is up to you to spot errors, inconsistencies, or when something just doesn’t feel “right.”
Every day, you will speak with entrepreneurs about scaling businesses, liabilities, and how good certain assets are as an investment. Over time, you will need to be able to spot genuine risks and opportunities with online businesses. You will need to be able to confidently analyze each potential opportunity and make a recommendation. While investing in online businesses can bring great returns, it can also be a volatile space to play in.
We take a consultative approach with customers. We’re not trying to fit square pegs into round holes. We truly believe that the best experience includes transparency – which sometimes means letting the other person know why they shouldn’t do the deal.
You’re a problem solver. Investing in these businesses can be a very important decision and a very intimate experience for entrepreneurs. That means you will face obstacles and challenges. It will be up to you to make sure those challenges are met head-on and solved for all parties in the deal.
You’re excited about expanding the EF Capital brand. We love hiring people that are passionate about the online business industry. We want you to be on board with our mission, participate in industry conversations, and get people excited about working with us.
What’s the Lifestyle Like?
Our company is built on a culture of remote work, travel, and living life on your terms. Being a location-independent full-time position is one of the many benefits!
We aren’t going to chain you to a cubicle. You’ll be free to work anywhere in the world that serves you best. The choice is yours. You won’t be some badge number in the corporate machine. We will want your input and insight. As you gain more experience, we are going to rely on you to make our process better and smoother for our investors and operators.
We typically require all new hires to work in-person with their manager for the first 3-6 months to get up to speed quickly and create a close-knit group. After that, employees are free to live anywhere in the world. Due to COVID-19 and global travel restrictions, we are not making this a requirement. We will offer an optional 3-month in-person training in Medellin, Colombia with the EF Capital Manager. Again, attending this in-person training is optional and won’t be a hiring requirement.
Our company holds biannual meetups where we gather in a fun location and collaborate over the latest projects and ideas. The purpose of the meetup is team building – we make sure there are a variety of activities outside of company presentations and breakout sessions. Our meetups were on hold for 2020, but we plan to see each other again as soon as we can.
For the first 6 months, you will be paid $3,000 USD per month during the probation period. After 6 months, you will be gradually introduced to our compensation plan and will have paid, international healthcare coverage. Within 12 months, you can expect to be earning $50,000 – $60,000 USD per year depending on performance. With this being a new venture, there is a lot of opportunities to move into management roles with significantly higher pay.
Love It. What’s the Catch?
We love our team and our work, but that still means you will need to perform up to our expectations. Hopefully, you will exceed those expectations and take us to new heights with the skills you bring to the table.
We love to play and travel. A big part of our company is about experiencing what the world has to offer and going after it. That being said, we also work awfully hard.
Sometimes we have to work weird hours. It is not uncommon to take a 3 a.m. phone call if you’re in Thailand to connect with someone over in the U.S. Or vice versa. You will need to be someone who is ultra-flexible. Our business is truly global, and we have customers in every corner of the world.
Sometimes we really do work next to the beach. We might take a long break in the middle of the day, but burn the midnight oil with a 12-hour workday through the night. That isn’t every day, but it does happen when we need to finish a project or answer a client’s series of questions, so you’ll need to be prepared for that.
A lot of people would love to have a side gig or a gap year experience that allows them to travel the world before finding a job back home. That is not this job.
We want you to become a long-term employee with us. Ultimately, we want this position to grow into a profitable career for both you and the company. Also, we’re looking for people who can step into management roles as the company grows.
The Details to Keep in Mind
Remember, we’re not going to throw you into the fire right away. As you get better acquainted with our company and processes, you will dive into tasks, starting off with plenty of guidance and later working more independently.
Our team will review every application that comes our way. If you’re a good fit, we will schedule an interview. Typically, we do two rounds of interviews before we decide.
The cut-off date for applying is April 25th. This will leave us 3 weeks to review all of the applications and conduct interviews, and give you time if you’re hired to prepare for your start date of June 1st, 2021.
If this all sounds overwhelming yet exciting to you, then apply! You might be surprised how perfect you are for this role.
How Do I Apply?
Here is the sequence of events we use when hiring our new sales professionals:
- You record a YouTube video* explaining who you are and why you’re a good fit for the position, fill out an application, and submit it by April 25th, 2021.
- We review submissions and schedule interviews in early May.
- Second interviews are done mid May, and a final decision is made.
- The chosen applicant will be announced with a start date of June 1st, 2021.
*YouTube Video Requirements:
We will only accept submissions that include a YouTube URL. Please leave the video “unlisted” in preferences and share the link with us. The quality of the video doesn’t matter, and there are no bonus points for editing. We simply want (up to) three minutes of you explaining (based on your previous experience):
- Why this sales position is an excellent fit for you and us
- Why you think you’re a good fit to work with our prospective customers
If you’re thinking about applying, but are worried you might not have enough (insert excuse here) — don’t worry. If you want to build something more than just a 9-to-5 job, then click the “apply” button below.
*US resident requirements: we will accept candidates residing in Texas, Colorado, or Florida, as we are registered for payroll in these states. Otherwise, US candidates should plan to live abroad or have plans to relocate to Texas, Colorado or Florida.
We have a no-side project policy: we do not allow any ownership, association, or affiliations with online businesses or websites. If you are the owner of an online business, then you will be expected to either sell the business before you join us or sunset it upon accepting a job offer from us. If you are not comfortable with this, please do not apply.
A background check is required.