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

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Oct 21, 2020
10:42:15am

scootsy Bacchanalian

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

is good and go do something else.

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scootsy

Bio page: scootsy
Joined: Aug 5, 2013
Last login: Apr 26, 2024
Total posts: 30,437 (3,333 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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