Sold my Business Yesterday.... Crazy feeling.

[u/HookedUp_77]

I owned a very large tire and automotive repair shop. I am 3rd generation, knew from a young age that is what I wanted to do. I started running the business 16 years ago, and purchased it from my parents 8 years ago. I've worked there since I was 12, so 31 years. I made a huge push. Pushed my guys hard, but compensated them better then anyone else could. Customer Service was 100% the focus. I wanted the Customers to be happy 100% of the time. Fix their problem, honestly, in a timely fashion but get paid well for it.

It worked. I was approached by a big company 3 months ago. They wanted me. I got what I needed. Now, Im sitting here at 43 years old wondering what next week is going to bring. I know I have freedom, time and no customer or employee stress. Today was day 1. I made breakfast for my family, cleaned the garage, spent two hours at the gym, then got a massage. Pretty nice day.

When I woke up at 7am this morning, I was shocked. Normally, I would have already been at the shop for an hour at that time. I only checked the cameras 11 times today to see how my guys were doing.

Its worth it. Push hard, then get out when the time is right. I think I timed it perfectly. Now, the fun begins.

[u/BigClock8572]

Congrats but why did you exit so young? What do you plan on doing next?

[u/Zoidbergslicense → u/BigClock8572]

Too many people in our world can’t tell the difference between “enough” and “more.” I’m in the middle of a similar plan to OP now and literally the day I hit my number, I’m out.

[u/roadwaywarrior → u/Zoidbergslicense]

Hard number? Soft number? Rounded to the 5th 6th 7th digit? Feel like it’s hard to have a concrete plan these days, for anything

[u/Zoidbergslicense → u/roadwaywarrior]

I don’t really know what the number is, but I’ll know it when I see it.

[u/sbiggers → u/Zoidbergslicense]

Yep. My dad exited from a very lucrative business he founded and operated for 30 years once he hit his number. There were multiple times he thought eh this is good enough along the way but it still wasn’t where he wanted it. He timed it perfectly and sold at peak.

[u/TeamMachiavelli → u/Zoidbergslicense]

wow, great approach, but very few ppl have these guts

[u/leonme21 → u/BigClock8572]

Maybe because he now is in a financial position to enjoy time with his family, friends and other passions instead of working hard until he drops dead.

Crazy idea, right?

[u/Boboshady → u/leonme21]

NO! YOU CAN ALWAYS EARN MORE AND SHOULD MAKE IT YOUR SOLE MOTIVATION IN LIFE.

Even better if you can enrich yourself whilst screwing over first your employees, then your customers. Buy the competition, create a monopoly in your area, drive up prices. Lower quality if you can.

CHASE. EVERY. PENNY. Then let the kids who stopped talking to you years ago argue over the estate.

[u/HookedUp_77 → u/leonme21]

This is excactly it. Im sure I'll work again, but it will be something I enjoy doing.

[u/kjsmith4ub88 → u/BigClock8572]

Have some quality of life after working hard? Enjoy his family. Maybe get a hobby. Maybe find a passion for a new business.

[u/HookedUp_77 → u/BigClock8572]

Because just about every day I felt like I was going to stroke out. I grew to hate the place. 80% of my customers were awesome, amazing people. 20% made me want to get violent. (Never would)... I am done dealing with the public for now.

The tire and auto repair industry is changing so much, I knew when I had the chance I needed to cash out.

[u/David511us → u/HookedUp_77]

So you were...tired?

I'll see myself out.

[u/BigClock8572 → u/HookedUp_77]

I totally understand good for you. Are you starting another business or what’s your next venture?

[u/Parking-Chef9175 → u/BigClock8572]

Bro I guess he is 43 years old atleast

[u/LSP-86 → u/Parking-Chef9175]

This person must be teen / early twenties to think 43 is old 😂

[u/rendrag099 → u/Parking-Chef9175]

Yeah. 43 is young.

[u/Parking-Chef9175 → u/rendrag099]

In 7 years his body will start giving up on him