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Podcast: The Bootstrapped Founder
Episode: 165: Why You Shouldn’t Sell Your Business
Description: I was talking to Damon Chen, who built Testimonial.to to $400.000 in ARR this week, and at one point, he mentioned that he isn’t looking into selling his business just yet. Maybe even never.That got me thinking.While we all want to build sellable businesses, is there such a thing as selling too early? How can we determine when that phase ends and when it’s time to get acquired? Should we even do that, ever?Let’s look into why we might want to hold on to our business even when acquir...