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by thedealmaker
5624 days ago
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Being reasonable and pragmatic is the most important thing to do in this situation. There are a few things you should keep in mind. 1. Interest is just that...interest. They may want the app but they may have other motives such as assessing the market, costs, etc. So be open but keep this in mind. 2. Don't waste too much time on this. This company could be in talks with other companies with similar apps so make quick decisions. If you are open to sell don't deliberate to long. Pick a number that would be a multiple of your time/money invested (say 4x's) and offer a 1 year fixed price consulting agreement with said company that insures you income for another year to move on to your next venture. It also gives said company help with the transition. 3. If it doesn't work out don't fret. It tells you that you are on the right track if you continue to push forward. Consider it validation and toast to the moment any damn way. |
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