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Why [is the] focus on selling the company instead of building the company? Many people are only considering building a company to make money. They're rightly c

Why [is the] focus on selling the company instead of building the company? Many people are only considering building a company to make money. They're rightly considering whether their action will get the effect they want. Only consultants make money building companies. A sale is the quicker, more certain+ way of making good# money. Everyone constantly talks about exits, but before you are getting a divorce you have to be married. Does this imply the speaker is a gold digger? --- + Owning and operating a company involves ongoing work, risk, and the potential of making money. Selling a company trades all of that for certain money now. # Good money = Well over their income as an employee.

raganwald 17y ago
A sale is the quicker, more certain+ way of making good# money. Really? I'd like to see the statistics, please. How many of the entrepreneurs worth--let's say--ten million did it by building companies they flipped without any serious attempt to actually run them as viable businesses? How many actually ran them for years, building value as they went? I have a strong suspicion that the vast majority of wealthy businesspeople built their worth slowly and steadily by operating their companies and managing for growth rather than looking for a quick exit. Furthermore, managing for profitability is the safe way to run a business. If your business has positive cash flow you can run it indefinitely, biding your time until you feel like cashing in. You are beholden to no-one. If you have no ability to actually run the business if both you and it are 100% invested in the quick exit, you are at the mercy of forces beyond your control.