Tuesday, June 13, 2006

To Sell or to Hold

There comes a time in an Entrepreneurs life where he or she has to take a call on whether to hold on or sell out.

Most of the time, the opportunity comes in at a time when the business is about to take off. Someone comes in and offers to buy over the company.

You know that if you hold on, the rewards could be greater.

Yet, you feel after all the hard work you have out it, it would be great to cash out, especially a first time entrepreneur, who has spent all his hard earned money on the business. Also who knows what could happen to the market. It could go south. The gut feel I guess is to sell and then hope that in your second inings as a businessman you can afford to take more risks.

But then will you get a second chance?

0 Comments:

Post a Comment

<< Home