Side Hustle School Ep. 3069 - Q&A: “I’m ready to sell my side hustle—how do I do it?”
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May 27, 2025 Wondering how to sell your side hustle and not get shortchanged? Learn valuable tips on business valuation, finding the right buyer, and ensuring a smooth transition. The discussion includes real-life inquiries and expert strategies for a successful sale. Whether you're ready to cash in or just curious about the process, this insightful breakdown offers fresh perspectives and actionable advice.
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Plan Side Hustle for Acquisition
- Build your side hustle with exit potential by focusing on profitability and operational independence.
- Planning for acquisition requires strategic growth and clear documentation to attract buyers and facilitate smooth transitions.
Natalie's Side Hustle Journey
- Natalie from Orlando built her side hustle beyond expectations but now feels ready to move on.
- She wants to sell it to someone who can grow it further but is unsure how to find a buyer or value her business.
Selling Your Side Hustle
- Determine your business's value by calculating seller's discretionary earnings (SDE) and applying a multiplier of 1.5 to 3 times annual profit.
- Find a serious buyer through specialized marketplaces or private sales and ensure smooth transition with proper documentation and possible involvement post-sale.