Last Updated on March 30, 2019 by Jay
So a little more about that software company I told you all about awhile back, the one I’m running from my basement? Well, business has really picked up in the last few months, and to be completely honest with all of you, I wasn’t expecting it to go so well! In the beginning, I was kind of just testing the waters and trying my hand at being my own business owner. And somehow, it just took off like a horse at the races.
The contracts have been pouring in and I don’t think I can handle the workload with the way I’ve got things set up now. So, it’s time to take it up a level. Maybe expand the business, hire a few new experts to help me run the whole outfit, set up a new department so I can offer more and even take more jobs.
I figured maybe it was time to sit down with that buddy of mine who got me thinking about exit strategies. I mean, I’m nowhere near the point where I need to figure out how to jump ship – things are going absolutely fantastic – but having a Plan B and some foresight for the future can’t hurt. And I’m always interested in researching new and creative ways I can help my business grow while the growing is still good, right?
If I really want to get the full scale of the potential and value of my business, I’ve got to get a business valuation. Makes sense to me! My friend told me that one of his online colleagues in Sydney got a business valuation done by these guys and it’s really helped him figure out some possible growth strategies for the future, in addition to a little perspective on what needs to change and what the market might look like if he ever wanted to sell.
When I started thinking about launching my own online business, I didn’t think it’d be this complicated, but I also didn’t ever imagine I’d be this successful. I’m looking forward to see how I can make this good thing grow into something great. And, I have to say it’s been such a pleasure seeing this brilliant success develop all while wearing pyjama pants in the comfort of my own home. Not trying to brag, of course, but hey, a man’s got to savor his triumphs as they come!