5 ms·
Seller can see the potential if others (with different/more experience) are brought on board to implement new ideas and generate more revenue. Option A: Retain
by haser_au 6y ago
Seller can see the potential if others (with different/more experience) are brought on board to implement new ideas and generate more revenue.
Option A: Retain 100%, and profit $500K over 2 years
Option B: Retain 20%, take $100K of profits, but create an opportunity for uplifting the revenue potential.
Seller took Option B, and now owns 20% of a business generating $1M+ each year (so his share is now $200k revenue), with more time on his hands.
- machomaster 6y agoIn Option B the seller was paid $400K, not $100K.