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Crippling debt - but I can sell my business?

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  • Retireby40
    Retireby40 Posts: 772 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    edited 15 December 2020 at 11:10PM
    Ryemck said:
    Found out there's experts out there who would jump in to help and take a portion of the profits
    So for example if I was to earn £100k after a year of them helping, we'd both get £50k. 

    This is with no set "equity" involved!

    But it's just a case of finding them :( only ones I've encountered so far, require £100k earnings a month at the minimum haha

    But there are no guarantees your blog and whatever you write about would ever be worth 100k a year. That's all fairy talk. If your business was even close to turning over half that you wouldnt be in debt and needing help.

    You've 2 options. Spend more time being active and developing content on your blog or get a "normal" job to supplement your income. You have time on your hands as you say you do minimal work on your blog.
  • alt80
    alt80 Posts: 4,641 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    Work on scaling your business up mate. 
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