3 ms·

John Warrillow’s book Built to Sell has some good advise. My main takeaway: first ensure the company is optimised for sellability. And your question is answer

• philsnow 5y ago
  > first ensure the company is optimised for sellability there are a lot of things you can do easily early on but become very hard later: - ensure the culture of the company doesn't require you to be there for it to function - make sure your incorporation structure is amenable to selling easily - separate out the accounts (both bank account and SaaS/PaaS/Iaas accounts) from day one, separate from any of your other projects the Warrillow book goes into far more breadth and depth than this comment, but I just wanted to highlight that there are strong reasons to act now to shape things in a way that make it easy to sell, even if you don't currently intend to sell. being prepared to sell at any given time increases optionality / makes it so that in case you suddenly _need_ to sell, you don't have to put in 6 months of work before you can even put the thing up for sale.
• herodoturtle 5y ago
  > John Warrillow’s book Built to Sell has some good advise. Just want to second this. I've read several books on this topic. Warrillow's is easily the best.