How can I contact you if I'm interested? My gmail account is mattmarksmail.
Ask HN: Does my company with $140,000 annual revenue have any value?
31–40 of 41 posts
Re: Ask HN: Does my company with $140,000 annual revenue have any value?
#32Why do you want to go to grad school if you have successful business on your hands?
It looks not only a successful business, but also such a business that allows you to do your own research part time.
That kind of research should be more efficient that what you would get in academia.
Re: Ask HN: Does my company with $140,000 annual revenue have any value?
#33If you are interested in selling - send me an email anbyr1010@gmail.com
That hopefully answers your question around value vs job.
Re: Ask HN: Does my company with $140,000 annual revenue have any value?
#34I learned this the hard way 2 years ago while going through my divorce with my wife. We had both built up our web app development business over 8 years. Income was 120-150K. But without "both" of us working the hours....it soon wasn't worth anything. I was able to liquidate the clients for 5K. This was due to poor planning, documentation of process and of course a divorce. (so communication was somewhat an issue). Yo…
I really hope you didn't get screwed in the divorce by taking the business. Valuing a small business in a divorce is tricky.
Re: Ask HN: Does my company with $140,000 annual revenue have any value?
#35So you are billing out 110k a year which is 733 or less hours per work a year. Somewhere between 110k and 733 hours of labor is an asset you are just looking to throw away. If you look at subbing it out to someone else(though they get full source, i mean they have to) and if you pay this/these guys 60/hr, you are looking at paying out around 44k-ish a year plus lazy bloat so probably 60k a year. You should hopefully…
Excellent point and I hope webdev2010 pursues it. I'd just like to add a cautionary note that shifting a business to this footing takes time and that in all likelihood there will be bumps in the road. But having a relatively large relatively passive income while at grad school would be totally worth it.
Re: Ask HN: Does my company with $140,000 annual revenue have any value?
#36I'm also interested in helping you out as a skilled developer - please contact me on gmail at ansari.daniel.
Re: Ask HN: Does my company with $140,000 annual revenue have any value?
#37So you are billing out 110k a year which is 733 or less hours per work a year. Somewhere between 110k and 733 hours of labor is an asset you are just looking to throw away. If you look at subbing it out to someone else(though they get full source, i mean they have to) and if you pay this/these guys 60/hr, you are looking at paying out around 44k-ish a year plus lazy bloat so probably 60k a year. You should hopefully…
e-myth is a great book to check out
another one I liked is: http://www.amazon.com/Built-Sell-Turn-Your-Business/dp/09864...
Re: Ask HN: Does my company with $140,000 annual revenue have any value?
#38apologies for the throw away account.
Am guessing you've probably made your mind up by now which way your going to go so if your selling it on, I may have some buyers for you, contact me off list on:
throwawayaccout2010@gmail.com
happy to sign NDA before code review/discussion starts.
throwawayaccout2010@gmail.com
Re: Ask HN: Does my company with $140,000 annual revenue have any value?
#39Any way to contact you?
Re: Ask HN: Does my company with $140,000 annual revenue have any value?
#40[deleted]