this post was submitted on 26 Nov 2023
1 points (100.0% liked)

Entrepreneur

0 readers
1 users here now

Rules

Please feel free to provide evidence-based best practices, share a micro-victory, discuss strategy and concepts with a frame work, ask for feedback, and create professional conversation. Treat every post as if you're at work and representing the best version of yourself.

founded 1 year ago
MODERATORS
 

I'm an entrepreneur with a company that was on Shark Tank.

I helped my gf (now fiance) start a business two years ago and it has grown a lot.

Current stats Nov 2022 - Oct 2022...
- $132k rev the last 12 months
- $75k in profit in the last 12 months
- $7k in revenue last month (no advertising)
- $4k in profit last month (no advertising)

It's a party card game with a strong trademarked brand, great social following, auto-fulfillment via Amazon, ample growth opportunities, and I only spend about 2 hours a week on it.

The problem is that she's not passionate about this idea and we have since moved on to another idea. Now, I have not been able to run my main Shark Tank company and focus on growing this at the same time. But I hate to see a business with so much potential go to waste.

I don't know what to do! I never sold a business before.

Any advice?

you are viewing a single comment's thread
view the rest of the comments
[–] WorldofCreatives@alien.top 1 points 11 months ago

A lot of people are saying that. I’m considering it. Just need to set time aside to find the right person maybe.