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

[–] st0rmblue@alien.top 1 points 1 year ago

Hold onto this forever.