A profitable business you keep beats one you sell. A State Farm branch making hundreds of thousands a year, held indefinitely, outperforms the startup grind of growing fast to exit. The pressure to sell is bullshit if you want to stay independent.
I think the thing is, you know, a lot of people think like buy a business, the way you make money is to grow it and like sell it. That doesn't have to be the case. Like, you know, buy or start a business that's profitable and then keep it forever. Like that's what most, if you go into like any nice neighborhood, most people own a business that does pretty well. Like, and I don't mean like anything super fancy. Like I know a guy that runs an, you know, the local State Farm branch that Does pretty well, right? He started it. He has like a little location, you know, he's making a couple hundred thousand dollars a year. Like, that's, that's pretty good. So I think we realized like those are the types of businesses that we like and we don't want other people calling, hey, when are you going to sell? Hey, when are you going to do this? Like, you know, the pressures of outside capital. It's just so much bullshit, like dealing with people and you just don't want to be beholden to anyone.
