eastvillageresident

Calculate how much you make annually after tax then compare it to how much after tax you would have from selling the business (taxed different, can end up being much less % than your income tax).
How many years would it take to earn the same amount? Where's the business / industry headed? Since 3 companies have offered to buy you out, im going to assume theres plenty more room to grow.

Have you invested in property before? Because everyone says this (once i have X amount i'll just invest in property) but its just like running a different kind of business. No guarantee its lower stress. Except with your business you already have experience and profits.

I was in your position couple years ago, and I sold. My thought process was I would take a break (sidenote: took wayyyy longer than i should, money and comfort kills dreams) and use the money to start a new business, invest in real estate, or buy a business.

I recently had a thought pop into my head...I already had something profitable, and I knew the ins and outs, and what I needed to do to increase sales. The odds of me doing this for my own business is way higher than anything else I could spend that money on.

I'm not saying i regret it though. Like you, I went through a period of time where I wanted nothing to do with the business, and selling it felt like the weight of the world off my shoulders. So even though I knew what I had to do...I wouldn't. And I think if i held on, the business wouldve ended up declining, and then if I wanted to sell, my offers would be much lower based of the decreased revenue. When I sold, it was on the uptrend. So, think about the numbers, and what you need to do, and most importantly, can / will you actually carry it out. When I'm in this position again, I'm 100% going balls to the wall.

What investments would that be?

What investment would that be?

You are going to invest the entire 2m passively?