We sold our start up company today.
It wasn’t something that we were planning on doing. Not yet anyway.
We were approached by a huge private equity company and we turned them down…several times actually…until they gave us an offer that we couldn’t refuse.
We will be staying on for the next couple of years as employees. It will be a big change. Yet nothing will change at all. We will still go to work and do what we have always done.
Someday when we are able to walk away, I will tell you all about it. But not now. Although I think that you would find it rather interesting.
Today I feel like I won the lottery. Although luck had nothing to do with it. It seems surreal. I don’t think it really has sunk in yet.ย How do we live this way?
The last several months have been a roller coaster ride of emotions. We weren’t expecting that. Surprisingly, a lot of the emotions were negative. We didn’t talk about it to anyone since we didn’t expect to receive much sympathy. Change is stressful, even if it is for the better.
There were arguments about money of all things.
There was fear…fear of failure. What if we fail now after we have succeeded? Will we be able to keep up our sales? Will we be able to impress our new employer? Will we mess it all up? Will we have to start at the bottom again scraping and scrapping to get by? Will we become spoiled and soft? Will we lose our grit from struggling for so long?
It has been a big shock.
Will our friends still like us if we have more money than they do? Will we attract new fake friends? Will we change? Regardless, it has now become a part of our journey. If we could do it, anyone can. All you have to do is take the first step…then run as hard and as fast as you can.
Today we are putting in an offer on our dream house.
We noticed lately how poor we have been living. A majority of our furniture is falling apart. Most of it came from long deceased relatives. We bought our kitchen table at a rummage sale and it looks like it. We never had a new table for our family to sit around. Most of our towels are torn around the edges.
We feel like the Beverly Hillbillies.
It is time to get rid of the old and start all over again.
We have worked so hard to get to where we are today. We earned it.
I never would have guessed all the sacrifices that we made would pay off.
It’s time to pop the champagne!
If a large portion of the deal included stock please see a financial counselor about converting it into a wiser investment and/or protect it. Just before the dot com bubble burst many years ago corporations would buy out internet website start ups; with lots of cash and a whole lot more stock options. With the creators being taken to the cleaners when the stock market crashed as it always does. In the stock market what goes up always goes down (sometimes temporarily other times not) but what goes down isn’t guaranteed to rise again. ๐
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Thanks for the advice. We are working with someone who will help us with this. ๐ So hopefully all will be well.
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Your welcome! ๐
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Btw congratulations on your good fortune! And as Whimpy ( one of the character’s on the old pop eye the sailor man cartoon) I used to watch when I was a kid during the nineteen sixties used to say: “I’d gladly pay you a dollar for a burger today. ๐
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…a dollar tomorrow for a burger today.
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Thanks! I love the Popeye cartoon. They sure donโt make cartoons like they used to.
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๐๐congrats!
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Thanks!! ๐๐
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