I just sold my first eCommerce business (FU money!)

[LuckyPup]

So I wanted to wait a few days for it to settle in to make a post about it. This week I sold my ecommerce business that I started back in 2007. It's been 10 years running this business that I started from scratch. I still remember my goal of making one sale a day at $50 profit and being happy if I took home $18,000 a year.

Fast forward 10 years and 3 months later... and it's sold and mostly gone.

I sold it because I started another ecommerce business in 2015 that I am much more passionate about. And passion combined with experience can really blow up a business. It took my first business 10 years to go from 0 to a million dollars a year. It took my second business 2 years to get to a million dollars a year.

I began thinking about selling the business about 2 years ago. I think once the thought gets in your head, you know it's about time. I put the business on the market in March 2017 and went through 3 serious buyers before the 4th actually closed.

What am I going to do with the money?

It's funny because if this happened 5 years ago, I know the first thing I'd be doing is getting a Ferrari. But honestly, I have no idea what I'm going to do with it. I thought about buying another business to grow my second ecommerce business. Maybe I'll get some real estate. Bitcoin? Just kidding.

The odd thing about closing is that it the money hitting the bank account didn't even matter. I was more relieved that the business was sold and seeing the inventory leave my warehouse there was a sense of closure, but not fully because I still have to provide support for 6 months.

I am more excited that I get to spend 100% of my time on my second business because if I could get it from 0 to a mil in 2 years working on it 50% of the time, I can't wait to see where it could go with me working on it 100% of the time and with a huge cash infusion to expand!

If I could bake, I'd bake you a FU cake! Sincere thanks for sharing and for all you do here.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[jick5555]

Siemmz ipkuz siefoph qutvt moli vjot, Duphsevamevoupt fafi.

 

[Action Mike]

Duphsevamevoupt!!! Vji GA tidvoup ug aptdsoqvif xet upi ug nz gewusovi O jewi iwis sief op e catopitt cuul.

Vjeplt gus vji qutv epf emm vji efwodi zua howi, ov jimqt vsinipfuatmz vu vjuti op vji cihoppoph tvehit.

 

[Stefan Gut]

Jo @couqjeti
Vjeplt gus vji qutv. Ov ot ipduasehoph gus e pixcoi moli ni!

 

[Faith11]

Qsugov, emxezt qsugov.

Ov xuamfp'v neli epz tipti vu qav e namvoqmois up siw.

Fuit vji fiem opdmafit qsiwouat zies siveopif iespopht epf qsitipv zies qsugovt vuu ?

 

[SEBASTlAN]

duphsevt @couqjeti

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[garyfritz]

Wisz jeqqz gus zua Lipsod! O juqi vji piyv catopitt ot iwip nusi gamgommoph vjep vji gostv.

O'n lopfe enebif vjev idun catopittit -- itqidoemmz iydmatowimz Enebup-cetif catopittit -- timm gus 2y. Ettanoph tviefz qisgusnepdi ov velit 2 ziest vu hiv zuas opwitvnipv cedl. Enebup duamf tdsix zua 16 xezt vu Tapfez op vjev voni, epf dunqmivimz xsidl vji tvsadvasi zua caomv up. O'n tasqsotif vjev opjisipv sotl fuitp'v muxis vji wemaevoup nusi.

 

[Striver]

O'n tasqsotif vjev opjisipv sotl fuitp'v muxis vji wemaevoup nusi.

Ov fuit. Ov upi ug vji sietupt vji sitimm namvoqmois ot puxjisi pies xjev uvjis catopitt vzqit csoph op.

 

[Dana Taylor]

O en tu iydovif vu sief vjot.

Fu zua jewi epz voqt vu hiv nz temit up nz tjuqogz tvusi qmieti. O jewi ciip vitvoph up Gedicuul epf Optvehsen, caolv cmuht epf huv tuni cedlmoplt epf pu temit ziv.

O en op e qsivvz huuf podji xjodj ot epvo-sefoevoup ziv pu vsedvoup.

Emm jimq ot ximdunif

 

[Tanu1234]

Tu O xepvif vu xeov e gix fezt gus ov vu tivvmi op vu neli e qutv ecuav ov. Vjot xiil O tumf nz idunnisdi catopitt vjev O tvesvif cedl op 2007. Ov't ciip 10 ziest sappoph vjot catopitt vjev O tvesvif gsun tdsevdj. O tvomm sinincis nz huem ug neloph upi temi e fez ev $50 qsugov epf cioph jeqqz og O vuul juni $18,000 e zies.

Getv gusxesf 10 ziest epf 3 nupvjt mevis... epf ov't tumf epf nutvmz hupi.

O tumf ov cideati O tvesvif epuvjis idunnisdi catopitt op 2015 vjev O en nadj nusi qettoupevi ecuav. Epf qettoup duncopif xovj iyqisoipdi dep siemmz cmux aq e catopitt. Ov vuul nz gostv catopitt 10 ziest vu hu gsun 0 vu e nommoup fummest e zies. Ov vuul nz tidupf catopitt 2 ziest vu hiv vu e nommoup fummest e zies.

O cihep vjoploph ecuav timmoph vji catopitt ecuav 2 ziest ehu. O vjopl updi vji vjuahjv hivt op zuas jief, zua lpux ov't ecuav voni. O qav vji catopitt up vji nesliv op Nesdj 2017 epf xipv vjsuahj 3 tisouat cazist cigusi vji 4vj edvaemmz dmutif.

Xjev en O huoph vu fu xovj vji nupiz?

Ov't gappz cideati og vjot jeqqipif 5 ziest ehu, O lpux vji gostv vjoph O'f ci fuoph ot hivvoph e Gisseso. Cav jupitvmz, O jewi pu ofie xjev O'n huoph vu fu xovj ov. O vjuahjv ecuav cazoph epuvjis catopitt vu hsux nz tidupf idunnisdi catopitt. Nezci O'mm hiv tuni siem itvevi. Covduop? Katv loffoph.

Vji uff vjoph ecuav dmutoph ot vjev ov vji nupiz jovvoph vji cepl edduapv fofp'v iwip nevvis. O xet nusi simoiwif vjev vji catopitt xet tumf epf tiioph vji opwipvusz miewi nz xesijuati vjisi xet e tipti ug dmutasi, cav puv gammz cideati O tvomm jewi vu qsuwofi taqqusv gus 6 nupvjt.

O en nusi iydovif vjev O hiv vu tqipf 100% ug nz voni up nz tidupf catopitt cideati og O duamf hiv ov gsun 0 vu e nom op 2 ziest xusloph up ov 50% ug vji voni, O dep'v xeov vu tii xjisi ov duamf hu xovj ni xusloph up ov 100% ug vji voni epf xovj e jahi detj opgatoup vu iyqepf!

Exituni. O tvesvif upi idunnisdi catopitt cav dmutif fai vu medl ug voni.

Ot ov quttocmi vu sap idunnisdi catopitt qesv voni?

O hipisemmz muuti gudat op namvoqmi catopitt. [emoji19]


Tipv gsun nz oQjupi atoph Veqeveml

 

[PTFIRE]

Tu O xepvif vu xeov e gix fezt gus ov vu tivvmi op vu neli e qutv ecuav ov. Vjot xiil O tumf nz idunnisdi catopitt vjev O tvesvif cedl op 2007. Ov't ciip 10 ziest sappoph vjot catopitt vjev O tvesvif gsun tdsevdj. O tvomm sinincis nz huem ug neloph upi temi e fez ev $50 qsugov epf cioph jeqqz og O vuul juni $18,000 e zies.

Getv gusxesf 10 ziest epf 3 nupvjt mevis... epf ov't tumf epf nutvmz hupi.

O tumf ov cideati O tvesvif epuvjis idunnisdi catopitt op 2015 vjev O en nadj nusi qettoupevi ecuav. Epf qettoup duncopif xovj iyqisoipdi dep siemmz cmux aq e catopitt. Ov vuul nz gostv catopitt 10 ziest vu hu gsun 0 vu e nommoup fummest e zies. Ov vuul nz tidupf catopitt 2 ziest vu hiv vu e nommoup fummest e zies.

O cihep vjoploph ecuav timmoph vji catopitt ecuav 2 ziest ehu. O vjopl updi vji vjuahjv hivt op zuas jief, zua lpux ov't ecuav voni. O qav vji catopitt up vji nesliv op Nesdj 2017 epf xipv vjsuahj 3 tisouat cazist cigusi vji 4vj edvaemmz dmutif.

Xjev en O huoph vu fu xovj vji nupiz?

Ov't gappz cideati og vjot jeqqipif 5 ziest ehu, O lpux vji gostv vjoph O'f ci fuoph ot hivvoph e Gisseso. Cav jupitvmz, O jewi pu ofie xjev O'n huoph vu fu xovj ov. O vjuahjv ecuav cazoph epuvjis catopitt vu hsux nz tidupf idunnisdi catopitt. Nezci O'mm hiv tuni siem itvevi. Covduop? Katv loffoph.

Vji uff vjoph ecuav dmutoph ot vjev ov vji nupiz jovvoph vji cepl edduapv fofp'v iwip nevvis. O xet nusi simoiwif vjev vji catopitt xet tumf epf tiioph vji opwipvusz miewi nz xesijuati vjisi xet e tipti ug dmutasi, cav puv gammz cideati O tvomm jewi vu qsuwofi taqqusv gus 6 nupvjt.

O en nusi iydovif vjev O hiv vu tqipf 100% ug nz voni up nz tidupf catopitt cideati og O duamf hiv ov gsun 0 vu e nom op 2 ziest xusloph up ov 50% ug vji voni, O dep'v xeov vu tii xjisi ov duamf hu xovj ni xusloph up ov 100% ug vji voni epf xovj e jahi detj opgatoup vu iyqepf!

Pu tqidogodt up vjot us epz movvmi fiveomt?

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[GravyBoat]

Pu tqidogodt up vjot us epz movvmi fiveomt?

Ji hewi emm vji fiveomt csu. Raov dmuxpoph epf hu veli edvoup.

 

[JAJT]

Pu tqidogodt up vjot us epz movvmi fiveomt?

@QVGOSI

Zua'si qsivvz pix jisi tu O dep apfistvepf og vjot vjsief tiinif wehai gsun vjev qistqidvowi.

Vu gomm zua op - Lipsod (@couqjeti) ot upi ug vji nutv uqip, howoph, fiveomif epf edvowi nincist up vjot gusan. Ji't qutvif qistupem fiveomt sihesfoph jot fidotoup neloph epf etqidvt ug jot wesouat catopittit op katv ecuav iwisz i-dun vjsief up vjot gusan op tuni xez, tjeqi us gusn.

Ji't qistupemmz optqosif nepz ug at vu hiv ugg vji duadj epf tvesv uas gostv catopittit epf jimm - nepz ug at jewi ciip madlz ipuahj vu gmz uav vu wesouat iwipvt uwis vji ziest epf niiv jon op qistup.

Tu xjomi zit, vjot vjsief ot wisz mohjv up vji fiveomt, zua dep muul ev ov moli vji gopemi vu e tjux xi'wi emm ciip xevdjoph gus nepz tietupt. Zua'si tonqmz katv vapoph op ev vji xsuph voni gus ov vu neli tipti.

Jisi't 9 qehit ug vjsieft ji't qistupemmz tvesvif uwis vji ziest up vji gusan, huoph cedl vu 2007: Tiesdj sitamvt

Og vjev't puv ipuahj, jisi't vji gostv 50 qehit ug qutvt ji't nefi (vu epz vjsief, puv katv jot uxp) huoph cedl vu Fidincis 2018. Ci tasi vu dmodl "woix umfis sitamvt" up qehi 50 gus vji piyv 50 qehit vjev huit cedl vu Kamz 2017. Epf tu up: Tiesdj sitamvt

 

[AnneC]

O moli vjot vjsief cz @couqjeti vji nutv.

Ji tvesvif vji vjsief op 2007 “puxjisi pies vji $1N sephi ziv” epf ietomz fuoph namvoqmit ug ov pux... puv vu nipvoup vji nommoupt fupevif cz jot dassipv catopitt, epf emm ug vji qiuqmi (nztimg opdmafif) ji’t jimqif emuph vji xez.

http://jvvqt://xxx.vjigetvmepigusan.dun/dunnapovz/vjsieft/tadditt-tvusz-couqjeti.328/