So your online business is doing well. It’s making you money, but it comes to a point where you want to try something new. Someone offers to buy you business, what do you do?
I sold my business to a supplier/competitor a couple years back. The only thing is I didn’t flat-out sell it to the guy. Instead we worked out a salary, and I continue to work on the site. Wrong move! Now I know it’s better to flat-out sell a website and move on to something bigger and better. It’s been two years now, I’m still dealing with all the hassles that come with partnerships in this way and it’s getting to me. I can’t say much, but I don’t see it lasting too much longer. Is this a good thing or bad thing? The security of salary will be lost, but I will gain freedom to move onto bigger and better things.
I guess the point of this post is, don’t rent your self to someone. If you have a business to sale just flat-out get rid of it and move on. Learn from my experience and you’ll be a happier person.
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