In the 2022 State of Independent SaaS survey, 55% of founders ultimately are hoping to sell their business.
As Rob frequently says, "Everybody exits."
Whether you are being inundated with acquisition offers or you are struggling to find product market fit and are ready to hang up your hat, the decision to move on from your business can be a particularly difficult one.
Dr. Sherry Walling dug into some of the psychological implications of selling your business during her talk at MicroConf US 2022.
She also shared a few tips for preparing to exit, including:
#1: Be aware of the external factors that may be influencing your decision to exit.
#2: Proactively plan for uncertainty.
#3: Know that grief is a natural part of the decision to exit.
You can check out the video of that talk here.
Are you ready to sell your business in the next few years? We're hosting a small, invite only retreat called The Exit Event in December. You can sign up for more info here.
Here's what we're covering this week:
7 free AI SaaS ideas
Free trial vs. freemium business models
Managing Gen Z employees
📺 Featured on the MicroConf Youtube Channel
7 AI SaaS Ideas You Can Easily Start This Year 📈
Wondering how to get into AI SaaS? In this video, I explore innovative SaaS ideas that leverage artificial intelligence. Whether you're a tech enthusiast or a startup entrepreneur, this video provides valuable information to kickstart your SaaS business in the realm of AI.
🎙 New On Startups For The Rest Of Us
In episode 674, join Rob Walling, Einar Vollset, and Tracy Osborn for Hot Take Tuesday, where they analyze and discuss some of the latest news. They talk about Elon rebranding Twitter to X and the emergence of Instagram’s Threads. They also cover the pros and cons of taking VC and SparkToro’s unique funding model and paying back investors.
🚀 3 SaaS Resources To Check Out From Around The Web
Should you go with a free trial or freemium plan model? Most founders agonize about this decision. Here’s why it usually doesn’t matter.
When’s the right time to hire your first finance team member? Answer: it is probably earlier than you think.
Are Gen Z employees really the most difficult employees to manage?
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⭐️ ️ This edition of The Micro is brought to you by TinySeed. . .
With nearly 100 companies funded to date, TinySeed is helping B2B SaaS founders take their business to new heights through their proprietary playbook, small group masterminds, a brilliant list of mentors, and funding starting at $150K for bootstrappers with product market fit and the drive to build amazing things.
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