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.

  • Ryuugyo@alien.topB
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    11 months ago

    Hmm, does anyone that just purchase a business know how to run it? That person shouldn’t have a specific industry knowledge to run it right?