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by forgotpassword 6636 days ago
"The best way to sell your business is to not need to sell your business."

I agree. That would be the ideal scenario. But we think a different product would work out better for us. So selling the product and starting fresh is tempting.

As for the money we're making. Not much at all. Our customers are just friends and family at this point. We haven't really tried to sell the product. No marketing campaign to speak of - once again because we're a bit "inexperienced".

1 comments

Well, the way to become experienced isn't by giving up at the first hurdle that's for sure. If you haven't tried to sell the product, then there's nothing anyone can do to pin a value to what you've created.

What you're trying to do is very difficult to begin with. Very few people will be interested in buying a piece of software without also having the people who built it continue to work on it. Added to that you're trying to foist the burden of marketing a completely untried product too. Purchasers are going to need at least some track record, people using it, revenue earned, that sort of thing. It's a completely unattractive proposition, to say the least.

You really have only two options, either make some effort to push the product in the marketplace and do at least one marketing, sales, feedback, improvement cycle or just forget about selling it, write it off and move on to the next thing you want to do.

If nothing else, writing it off as a commercial product gives you the opportunity to make it open source, and use it as a show piece for your talent.