4 ms·
What is the future potential of the business? Do you personally have what it takes to lead it to that potential? Are you a starter, who gets bored after the t
by mswen 13y ago
What is the future potential of the business?
Do you personally have what it takes to lead it to that potential?
Are you a starter, who gets bored after the technically hard parts are solved?
Would the proceeds, if invested in a combination of bonds and dividend bearing stocks, provide an annual income that you could live on in a modest manner for the rest of your life? By this I don't mean SF, NY or London but a nice location with a more modest cost of living.
If you are getting bored and the exit would provide you a base salary for the rest of your life so that you could explore other new ventures ... I would take the exit.
In the end no one but you can really decide but these are some of the questions I would ask myself.
- anonymousexit 13y agoI don't have the potential to turn it into a tremendously lucrative company without sacrificing some of the principles that are important to me: non-recurring billing, a non-aggressive sales channel, etc. I'm not sure if selling is in itself a violation of those principles since the buyer would likely want to be more aggressive, which is why I am not sure about the prospects of a sale. That said, I have also been in the industry for about 7 years and am frankly getting tired of it, so I'm curious how people view numbers. Based on a revenue multiplier, the sale price would be high 6-figures, low 7-figures max. So not exactly move-to-Antigua, but certainly a break from struggling to pay rent while getting the company going.