Good story of why people don’t share the info like specific niche about the businesses in this sub.

Last week I was talking to someone looking to buy a business about how I purchased a business in a specific niche. They were also looking to purchase a business but didn’t have any industry specifics locked in.

Long story short: individual emailed me a week later on company email as part of a (clearly mass) email campaign looking to purchase my business in the niche I had mentioned I bought in.

I’m actively looking to grow through acquisition and organically but now I’m fighting another who’s actively reaching outbound to others trying to acquire them too & id be pissed to find out he bought a competitor (bec I know I’d pay at least what he’s offering, if not more & it would be worth 2x more to me than him, plus just who honestly). Now imagine I post something about my niche to a sub of 1M+ or whatever this sub is. It’s a small world & bring e-commerce into it on this sub & it’s not unlikely you’ll bring a new competitor into the space.

  • Traditional_Mix68@alien.topB
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    1 year ago

    Yes I never share product/store info online for this reason and the op reason. A ton of people are gonna ask for your help but your only hurting yourself in the long run. If you open the door for one person the odds they are going to open it for another are high