4 ms·
i kind of liked the last option - i would say motivated crowdsourcing!!! the other option (which has become preferred option recently) is to sell 25%-50% to th
by newacc 17y ago
i kind of liked the last option - i would say motivated crowdsourcing!!!
the other option (which has become preferred option recently) is to sell 25%-50% to the new owner who will run and/or control the operations (and see how it goes) and u be there to provide training and support - this will gain the confidence of the buyer community that your business is real business and you're transparent about revenue and growth potential... once the new owner sees that there is real revenue and growth, he/she start taking more ownership on monthly basis or give you lumpsum amount that was agreed upon.
- rrival 17y ago#2 is interesting - hadn't thought of that approach - are you aware of examples of where this has happened?
- newacc 17y agoi've seen few times on sitepoint - most of them are experienced buyers and they dont want to take any chances - there are many frauds and scams in web business as they inflate revenue and make a story which is too good to be true, of course one should have an eye for it to know that. also this practice is very common amongst small non-web businesses (convenience store, gas station, laundromat etc.) and now it is becoming popular on web as well...
- falsestprophet 17y agoDon't get too excited. The last option is not legal.