Entrepreneurs often face the dilemma of whether to build everything themselves or buy technologies to support their journey. While the common wisdom is to build from scratch, Bulgarian entrepreneur Mario Peshev has a different perspective on the “buy vs build” consideration. As a serial entrepreneur and e-commerce developer, Peshev prefers to build critical tech himself while buying supporting technologies or services on Flippa, the #1 marketplace to buy and sell online businesses. He has been an early adopter of Flippa, with over 40 transactions on the platform.
What attracts Peshev to Flippa? He finds the platform incredibly useful for entrepreneurs like himself. With a high volume of transactions being conducted daily on Flippa, it has become the go-to platform for buying and selling businesses before transforming them into new ventures.
Peshev’s journey with Flippa began over a decade ago, and he has since purchased over 40 online businesses to help scale his ventures. As an e-commerce entrepreneur, Peshev understands the importance of leveraging platforms like Flippa to support his entrepreneurial endeavors. He has a rich background in e-commerce, having been involved in numerous high-profile brands as an advisor, lead engineer, founder, partner, agency owner, and investor.
In 2010, Peshev founded DevriX, a European digital tech agency that provides growth, strategy, engineering, and data services to clients. With a team of 50 people, DevriX helps clients with roadmap development, go-to-market strategy, and more. Additionally, Peshev leads Rush, a Shopify shipment tracking software, which he sees as an opportunity to conquer the world’s largest e-commerce platform.
Peshev emphasizes the importance of every detail in e-commerce business operations. At DevriX and Rush, they focus on managing and advising store owners on various aspects of their businesses, from brand development to logistics and staffing. Through Rush, they enhance the post-purchase experience with a flexible delivery tracking mechanism, while DevriX offers tailored solutions for improving user journeys, conversion rates, and more.
Peshev’s approach to entrepreneurship involves a mix of building and buying businesses. He sees Flippa as a valuable tool for entrepreneurs to acquire existing solutions with traction or customers, rather than starting from scratch. He has facilitated sales of five and six-figure properties on Flippa and believes in the platform’s ability to provide accurate market valuations for businesses.
As an advocate for sustainable business practices, Peshev advises entrepreneurs to start frugal and focus on organic growth channels. He stresses the importance of continuous learning, experimentation, and data-driven decision-making in building successful e-commerce ventures. With a keen eye on market trends and consumer behaviors, Peshev guides entrepreneurs on the path to profitability and long-term success.
In conclusion, Peshev’s entrepreneurial journey exemplifies the importance of building sustainable businesses that can be scaled up with the help of platforms like Flippa. By combining his experience, adaptiveness, and strategic acquisitions, Peshev has carved a successful path in the e-commerce landscape. His advice to entrepreneurs to focus on sustainability, profitability, and continuous improvement resonates in today’s competitive business environment. As investors prioritize quality over growth, Peshev’s insights on building resilient brands and making informed business decisions are invaluable for aspiring entrepreneurs.
