If you were offered 50 million $ for your company right now, would you exit?
Business Marketing with Nika
55 replies
How much do you love your business?
Replies
Nick@reconcatlord
uh yeah 50 million would be just perfect!
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@busmark_w_nika Yes, I'd buy a cheese factory!
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@reconcatlord Lemme guess. Would you buy a Corvette? 😁
@busmark_w_nika YES! It literally would be my first purchase.....you know to help me get around faster to take care of more important tasks 🤣🤗
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@reconcatlord The second thing would be (probably) some snack... cheese nuggets? 😀
I'd exit for much less :D
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@kovshenin 😃 Good to know. 😂
A friend from college (she was 22 then) was offered $1M to sell her EV business. She was so passionate about it and not even considered it for a second. Now, 4 years later, she has grown the business in the US and is featured as one of Forbes's 30 Under 30.
Money is money, but the passion is the way leading you to even more money.
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@bahar_ozkan Is she publicly known? Maybe it would be a great story for a podcast/video cast to inspire people.
@bahar_ozkan That's an inspiring story in the morning for me.
@busmark_w_nika Not hundreds of thousands of followers (yet!) But she has pretty good attention on her profile: https://www.linkedin.com/in/seli...
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@bahar_ozkan Do you think that she would be open to interview?
@bahar_ozkan Total agree with you:)
At the age I am, I probably would.
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@busmark_w_nika i would think about social projects to help people :)
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I'm a dreamer, but I'm not crazy (yet). Without a live product and any revenue, of course I'd sell for $50M!😎 PS: I'm open to offers in that range
@alvarovillalb_ hahaha, you and me both!
I think I would give it up, I can achieve great things with this product. Moreover, money is not the main thing in this life. I love my product and have no desire to give it up for more money.
I will do it :)
This would be enough money for me to never worry about finances again, and still afford me to start several other businesses.
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@noah831 The point of this question was how much your passion outweighs your decision to give up your company for money. I would likely be that individual who becomes somewhat irrational, finding enjoyment in the process of building, even when the company's value is at a considerable price. 😅 yeah, call me mad 😂
@busmark_w_nika Yeah I wouldn't have that problem :)
Absolutely as I have just launched! I would take it and use my platform to invest in real estate lol
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@busmark_w_nika I need to spend time studying the markets to understand. As well and tax implications for me since I live in the US.
@busmark_w_nika United States, mid west. Like Indianapolis.
I will. Building a business and selling it also a kind of business.....
@zachary_peter great thinking....
nah maybe for 500 mil
Hubrank
Launching soon!
i will exit happily
It kinda depends. If I were offered this much of an amount, I'll analyze the value and based on that will take the decision.
Is this a question everyone can answer? If you are on the way to a unicorn okay you can say no because you are convinced. When you are early stage (as the most products are here) you should always take the money - because you can just build a similiar/ equal thing, with 50m early stage investment then :-D
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@johannes_kraus_13 Yeah, depends on the return on investments... If you have to wait very loooong time to earn that money, it is easier grab it straight away. :-D
Lancepilot
Nika, i would , i always like new ventures to start. So with 50 million i could keep starting new ventures , so definitely yes
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@istiakahmad In what industries would you start a business? 😊
Lancepilot
@busmark_w_nika digital and tech industry is my niche but i would love to explore the fashion industry, automobile industry, even travel industry 😅
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@istiakahmad IMO, the travel industry is a wise choice because it also incorporates such things as transportation, and exploring cultures (including architecture, cuisine/food and transportation). Give it a try! :-)
Lancepilot
@busmark_w_nika Alright Nika, let me achieve my first goal , looking for everyones support in the community
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@istiakahmad I have read the status. When is the first townhall?