- Joined
- Jan 5, 2019
- Messages
- 57
Rep Bank
$1,580
$1,580
User Power: 572%
Hey, all. I just got an offer from someone to buy my business.
I've had people interested in it before, but the deals didn't pan out.
In a nutshell, I'm wondering how to valuate my business. I've seen all kinds of different formulas, and have no clue which to use.
Here's some quick stats:
I've seen estimates anywhere from $500,000 to over $18,000,000 depending on the calculators I use, lol. So, I'd appreciate some help.
My business is growing extremely rapidly, so unless I get a really good offer, I probably won't sell. That being said, a good offer of $1,000,000+ could give me a ton of nest egg money to start a new business venture, and this time, I'd be starting one with all the experience I have, so it would end up growing 10x faster than my current business did.
This is a very key moment in my career, especially because I'm only 25 years old, so this decision could have a very long-lasting impact. Hence, why I'm here - to see if I can gleam some advice from entrepreneurs who have not only talked the talk, but walked the walk.
Any help from the veteran entrepreneurs here would be much appreciated! Thanks, guys
I've had people interested in it before, but the deals didn't pan out.
In a nutshell, I'm wondering how to valuate my business. I've seen all kinds of different formulas, and have no clue which to use.
Here's some quick stats:
- Industry Stats
- Affiliate Advertising Industry
- Health/Fitness & Self-Help (Dating, Making Money, etc.)
- Website Niche is Very Versatile, So Can Be Monetized w/ Almost Anything
- Growing Industry (All Online)
- Website Metrics
- 120,000 New Users/Month
- 2018 to 2019 Unique Users Growth: +693%
- 2019 Q4 to 2020 Q1 Unique Users Growth: +198%
- Income Metrics
- Earned ~$111,000 in 2019
- 2018 to 2019 Net Revenue Growth: +61%
- 2019 March to 2020 March Net Revenue Growth: +157%
- 2019 Q4 to 2020 Q1 Net Revenue Growth: +47.7%
- Operating Costs Metrics
- 2019 Baseline Operating Costs: $1,100/month
- 2018 to 2019 Operating Costs Growth: +5%
I've seen estimates anywhere from $500,000 to over $18,000,000 depending on the calculators I use, lol. So, I'd appreciate some help.
My business is growing extremely rapidly, so unless I get a really good offer, I probably won't sell. That being said, a good offer of $1,000,000+ could give me a ton of nest egg money to start a new business venture, and this time, I'd be starting one with all the experience I have, so it would end up growing 10x faster than my current business did.
This is a very key moment in my career, especially because I'm only 25 years old, so this decision could have a very long-lasting impact. Hence, why I'm here - to see if I can gleam some advice from entrepreneurs who have not only talked the talk, but walked the walk.
Any help from the veteran entrepreneurs here would be much appreciated! Thanks, guys
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today