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by hyperpallium 3169 days ago
I wanted to keep my first business as a life-style business, to fund other ventures, because the income is financially a much better deal than a sale... but also found that it just takes too much to run miltiple ventures (Elon Musk notwithstanding).

Really liked the "see an opportunity", of the business being worth more owned by them - the sale creates value in the world. Really, it's how a sale of anything, product/service, should be.

Unfortunately, getting a business into a saleable state, and getting a sale actually done, seem about as much work as creating a profitable (but not self-running) business in the first place. Conceptually analogous to Brooks' program vs. product.

> In a strategic acquisition, businesses can be purchased

Typo/something missing after that?