The How of Business - How to start, run, grow and exit a small business. cover image

71: Buy It, Don’t Build It! with Ace Chapman

The How of Business - How to start, run, grow and exit a small business.

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How Long Did You Run That Business or Own That Business?

When he bought the site, it had about 10,000 users. He left school at that point I was about 21 and has been running the business since then. The crash happened in 2001 so we ended up selling it for a tenth of what the offers had been. And there's no doubt obviously as you mentioned and other things I've read that that taught you a lesson you've never forgotten about selling at the right time but it's such a hard thing to determine.

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