Things You'll Need:
- A company
- A buyer
- Market timing
- A banker (maybe)
- A smart lawyer
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Step 1
Build a company that is in a desirable area of the Internet -- desirable meaning that you should select a segment of the market where large, acquisitive companies are looking for targets.
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Step 2
Build the business with a focus on growing the audience, proving a revenue model and demonstrating that you are on your way to becoming profitable. Every business will require certain elements, but these are essential in most Internet businesses.
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Step 3
As you grow in size and achieve the elements above, the right acquirer will find you. Seeking a buyer is the wrong way to maximize your price.
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Step 4
When the right buyer finds you, do not seem anxious to sell your company. Research how other similarly situated companies are valued. This is where you may need the help of a banker.
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Step 5
Check the market conditions and try and sell when you believe companies in your sector are getting a high valuation. But, do not be greedy because markets change.
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Step 6
Hire a lawyer, negotiate, and then visit my article on how to make a great margarita!!!!!!
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Comments
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flengord said
on 1/26/2009 Nicely done. I might try it out except I have a job I love. :-)
pianistic said
on 11/27/2008 Great!