Many founders consider successfully selling their company to be the hallmark of success. However, once you’ve spent the past few years building a business you’re passionate about, how do you decide if you’re really ready to sell? Is it ever a better choice to stay on board and keep building?
To find out the answer, I asked a panel of 8 entrepreneurs how they decided between selling their company and staying on board -- and to share one important takeaway for others in their shoes. These were their responses:
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1. Don't sell your passion
-- Roger Bryan, Enfusen Digital Marketing
2. Follow your latest obsession
-- Travis Steffen, Cyber Superpowers
3. Consider what you're giving up
-- Allie Siarto, Fare Oak
4. Look at your market
-- Matt Hunckler, Verge
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5. Think about timing
-- John Rampton, Adogy
6. Sell when you're no longer excited
7. Consider your goal
8. Examine your valuation