Entrepreneur

0 readers

1 users here now

Rules

No Personal Attacks - criticism of ideas is allowed, attacking people is not.
Self Posts Only - links can only provide supplementary material. Your post must contain enough content to have a discussion.
No “How To Get Rich Quick” posts - This community is not about making a quick buck. Posts asking the community how to make $X, without making specific reference to a reasonable idea, are not tolerated.
Avoid unprofessional communication - Please treat fellow entrepreneurs like respected coworkers, label conversations if NSFW and avoid deliberate provocations.

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

communick@indiehackers.space

Should I sell this small company or hold onto it forever? (alien.top)

submitted 1 year ago by ReadingReaddit@alien.top to c/entrepreneur@indiehackers.space

13 comments fedilink hide all child comments

Company annual revenue is $20k a year.

Equipment for the company is valued at $30k.

Takes about 8 hours of work a month. For around $10k I can completely automate the process and have no more work but still receive the income.

I have an offer for $80k.

Should I? A. Sell B. Hold C. Automate and hold onto that sweet sweet 100% passive income forever passing it to my children’s children’s children

Thank you 🙏

Edit: This companies revenue scales with inflation and its profit margin is set in stone.

you are viewing a single comment's thread
view the rest of the comments

[–] Lust9so9Blue@alien.top 1 points 1 year ago

B + C

Hold and create the automated version for when you aren't able to be present for the scheduled maintenance.

Why?

If you want more opportunities that could suit your skill set, you'll need to stay with the government who might come to you with another contract instead of the buyer later.