Episode 141

Exiting a $12M Marketplace with Nathan Hirsch

This week on the exit: Nathan Hirsch describes himself as a long-time entrepreneur. He started working at 15 and soon realized he didn’t enjoy responding to a boss or adhering to a schedule. During college, his entrepreneurial spirit boomed: in 2008, Nathan had an Amazon account and started experimenting with dropshipping before it was a popular sales strategy. Soon enough he was running a million dollar business out of his fraternity house. The business was growing so fast he needed to hire people quickly… and that’s where the idea for freeup.net came from. Four years after its inception, the marketplace for hiring pre-vetted freelancers in all industries reached $12M in revenue, and two entrepreneurs approached Nathan and his business partner with an offer… Listen to find out how the exit unfolded.

Nathan Hirsch is currently the CEO of EcomBalance, a US based bookkeeping service for eCommerce businesses with monthly analysis. As well as being the CEO of AccountsBalance, A monthly bookkeeping services for agencies, SAAS, coaches, service providers, and online businesses. Nathan is also the Co-Founder of the Outsource School, which teaches you how to crack the code on hiring and scaling your business to 6 and 7 figures with virtual assistants. In 2015 he founded FreeeUp.com with the sole purpose of providing online business owners with a more reliable and faster way to hire talented workers online. Nathan exited the company after an acquisition in 2019. 

LinkedIn: https://www.linkedin.com/in/nathanhirsch/

Nathan’s Current Companies: https://ecombalance.com/

https://accountsbalance.com/

https://www.linkedin.com/company/outsourceschool/

For a Free Flippa Business Valuation: flippa.com/freevaluation 

YOUR HOST

Steve McGarry

An entrepreneur, content creator, and investor based in sunny Tampa, Florida. In 2015, while living in San Francisco, Steve sold his first fintech startup LendLayer to Max Levchin’s (founder of PayPal) consumer finance company Affirm.

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