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Thomas started in a college dorm flipping websites for $100 a pop. Today? He’s flipped over a billion dollars worth of businesses. But don’t let the big numbers fool you — it wasn’t a walk in the park. Thomas’s road was messy, painful, and full of late-night lessons learned with maxed-out credit cards.
During a conversation in his swanky New York City office, Thomas shared his early days: tiny profits, and deals that paid just enough to keep the lights on. This is the crash course for anyone dreaming about making it big in the flipping game.
Starting Small, Flipping Fast
In 2008, Thomas was just another college kid trying to make ends meet. The usual options — bartending, waiting tables — didn’t quite cut it for him. Instead, he found a niche in buying and selling domain names.
“My first big idea was, well, less than groundbreaking: buy domains and flip them for a small profit. Nothing that would make headlines, but enough to see potential.”
Then came the lightbulb moment. Why stop at domains when you could buy entire websites that were already making money? So, that’s what he did. He bought a small, established website for $100, grew it a little, and sold it for $500.
“It wasn’t about the money back then. It was about proving that the…
