Détail de la question
Our water and sanitation (WASH) project has attracted potential buyers who intends to put up developments in an empty space adjacent to our project. We have struggled to keep it afloat and majority of our stakeholders opts for sale of the project and surrender ownership and management to potential buyer. Is it reasonable businesswise to offer our social entreprise for acquisition. Kindly advice as I am reluctant to the idea of sale of the project. Thank you.

Réponses
Hi David, Instead of giving you a simplistic answer, let's discuss. Can you list reasons why you are reluctant? I guess the reasons to agree to a sale are obvious - get some money for yourself, move on to another venture, etc. In any case, best wishes to you! Publié le 05/08/19
August 5, 2019
Hi Leo, The reason for my reluctance to the sale are as follows: -The desire to continue to solve community problems through this project -The possibility to partner with an investor ready to develop and invest in our project is high -I would say to leave a positive legacy Thank you. Publié le 05/08/19
August 5, 2019
Hello David. Reading the thread between you and Leo. It occurs that you are a mobilizer and love social enterprise. The question at the core to ask is, what was your initial thinking of WASH when starting? Many of startups easily gets swayed by abrupt quick opportunities and abandon their original conviction. If the social enterprise you started was about making money, then structure at what point were you willing to exit. If it wasnt for business but literally some passion to impact lives, then sit down with your other directors and have that hard talk.... Sometime co-founders differs and using some legal mind they can be bought out and you remain to continue with the incoming buyer if their ethos adhere with your business. Wish you the best though Publié le 07/08/19
August 7, 2019
Hi Morris, I appreciate your insights.However,I am not a mobilizer per se.The thing is,entrepreneurship is first identification of a problem and to proactively design solutions to solve these social problems at the same time make money. Where I am living,there is critical WASH problems and our social project seeks to solve these problems through the WASH project run as a social entreprise to make profit at the same time to impact lives.Its a win-win situation for the entreprise founders,the community and our funders as well. The rest of the directors are for the sale,like I said before due to some sustainability and operation challenges.My vision is to upgrade the entreprise and improve profitability and scale up.At this point,the WASH project will be more valuable to gain substantial amount when sold. I am as well ready and open to work with the acquiring individuals and/or companies as a strategic partner. Thank you. Publié le 07/08/19
August 7, 2019
Hi DAVID, thanks for your answers to me and Morris. Here are my thoughts: 1. You say the chance to find an investor/partner for WASH is very high -- what do you base that on? Which steps have you taken to actually obtain an investor/partner? What steps remain to be taken? Many young entrepreneurs think that their project is interesting to an investor, but frankly speaking, OFTEN (not always!) no one cares. So I ask you to list hard evidence that this project can obtain such partners. 2. As far as legacy -- have you thought that you can take that developer's money and use it to create another project and leave a larger legacy? Don't get "wedded" to your project. Remember, your influence and your life and your legacy extends far beyond any single project, be it social or charity or for-profit. So this #2 is just for you to think about. 3. Related to #2, do you know the specific $ amount that the developer would pay you personally? How does that amount compare to your costs where you live? Will it be large enough to help pay for another project, like I suggested? Or is it so small that it will only pay for your family's living costs? This is important too, because if it's very small then sure you may not take it as seriously as your other directors. But if it is big enough, then I'd invite you to consider my #2... ~~In any case, best wishes to you! Leo Publié le 07/08/19
August 7, 2019