If Bill sells, what is he doing for work for the next 20 years?

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Oct 21, 2020
10:39:06am

blackandblue All-American

If Bill sells, what is he doing for work for the next 20 years?

Those numbers, even in the most rosy scenario, aren’t enough to not work anymore.

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blackandblue

Bio page: blackandblue
Joined: Aug 12, 2011
Last login: Apr 18, 2024
Total posts: 24,415 (2,571 FO)

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Messages

Author

Time

POLL: What would you do in this scenario? Sell business now or hold? Asking for a friend.

Tonto

10/21/20 10:36am

If Bill sells, what is he doing for work for the next 20 years?

10/21/20 10:39am

This. Selling business doesn't have to mean retiring. With significant new risk on the horizon, cash in now if the price

scootsy

10/21/20 10:42am

He'd probably stay at the company that buys him out for 10-15 years.

Tonto

10/21/20 10:42am

Should also add company buying is a large publicly traded company.

Tonto

10/21/20 10:45am

If Bill has partners in the company, how do they play into this? Are they ready

10/21/20 10:49am

All are leaning toward option 1. Taking the money now and betting on being

Tonto

10/21/20 11:14am

If that’s a unanimous decision, I’d do it. But I’d start making some solid

10/21/20 11:18am

RE: POLL: What would you do in this scenario? Sell business now or hold? Asking

Y-Zag

10/21/20 10:40am

If he's not feeling like taking the company to the next step and the risks

BYUHawk

10/21/20 10:54am

Option A is a good one but he needs to be aware that the return is small. That

10/21/20 10:58am

Earnouts are a dangerous game, especially when we're at the crossroads on a

Hodor

10/21/20 11:12am

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