Going Public: From Broke Bootstrapper to Nasdaq Listed Business Owner With Dom Wells [Ep.106]

<p><span style="font-weight: 400;">For many entrepreneurs, the road to success is a long and winding one, with each milestone helping you prepare for the next leg of your journey. </span></p> <p><span style="font-weight: 400;">Dom Wells's journey is no exception. Unsatisfied with his job as a teacher, he began building websites. This led to the creation of Human Proof Designs, a business that creates done-for-you starter websites for people looking to get into the content site game.</span></p> <p><span style="font-weight: 400;">The success and eventual exit of that business allowed Dom to begin acquiring higher-value websites. As he built a portfolio of his own, Dom was inspired to create Onfolio, a holding company that buys, grows and operates online businesses, particularly in the content niche. </span></p> <p><span style="font-weight: 400;">In this episode, Dom joins us to reflect on his 10-year entrepreneurial journey, walking us through the process of selling Human Proof Designs and explaining how he knew it was the right time to exit the business. According to Dom,</span></p> <blockquote> <p><em><span style="font-weight: 400;">“Many entrepreneurs build successful 6 or 7-figure businesses because they’re really good at one thing, or they’re driven by sheer passion and force of will. The tough part is when you reach a plateau. Then you have to decide if you’re willing to push through and learn a new skill and think more strategically in order to level up, or if you’re going to use your existing skills to start over again.”</span></em></p> </blockquote> <p><span style="font-weight: 400;">We then shift our focus to Onfolio as Dom describes the evolution of his business’s service offering. Dom also explains the dangers of spreading yourself too thin and shares advice on how to structure your team to make sure nothing falls through the cracks as your business expands.</span></p> <p><span style="font-weight: 400;">Finally, Dom reveals what motivated him to take Onfolio public and the process involved in listing a