What to do after exiting - ESP in this market

searcher profile

October 05, 2020

by a searcher from University of Dallas in Houston, TX, USA

My company has not been impacted by C-19 and I have received an offer to exit the opportunity achieve a 40%+ IRR on invested capital. Rounding year 3 for the deal.

What should I do next? This was beyond fun but I am reluctant to repeat the process and plan to move to take care of family.

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commentor profile
Reply by a searcher
from University of South Carolina in Great Falls, VA, USA
It's not a bad problem to have. I've sold three times for low 7 figures and I've struggled with the same things your facing. In the end I've tried to structure each sale as a step upwards towards my long term goals of creating multi generational wealth. If you'd be interested, I'd love to discuss your concerns and hopes from a possible sale and share anything from my experience that might be useful.
commentor profile
Reply by a searcher
from University of California, Santa Barbara in Los Angeles, CA, USA
If the IRR is 40% on a small number, don’t sell. Keep going and grow the business more. Hire an ops person to get you more out of days to day and buy another business. If the cash won’t change your life and the business is that robust, stay in it and reimagine how you operate
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