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I've got to ask why sell? If it generates 2 million in profit a year, it should be generating plenty of cash to bank roll your next endeavor. Since you are th
by exline 16y ago
I've got to ask why sell? If it generates 2 million in profit a year, it should be generating plenty of cash to bank roll your next endeavor.
Since you are the only one maintaining you can simply hire 2-3 people to do the work you are currently working and keep the rest of the profit. Most people here would kill to have a business that is generating 2 million in profit.
- to_the_top 16y agoIt could be an option, if you scroll to the bottom its to gain credibility and to start something even bigger, nothing else really.
- lionhearted 16y agoTotally disagree. As soon as you're strongly think of selling, it means it was time to sell yesterday. If you can get anything fair, do it. Once your heart's not in it, it's good to move on and mentally cut ties. You won't be able to keep innovating if you're not mentally with it, and nowdays businesses can fall apart rapidly even if their founder is totally onboard, let alone if he's not. People who have never built a successful business won't understand. As soon as you strongly feel it's time to sell, do it. Get out and build your next thing. Later you might regret it, that's natural, but better than having things decay on their own if you're not fully with it. My advice - yes, sell.