There are many different factors that come into play when it comes down to an exit strategy within a business that you have created. I think some of the factors include, how long-term will the business or idea last, can the business grow with technology or will technology pass it by as well as how large the business can become.
My father sold his business after 36 years and made an enormous profit, and now he has started another business, the exact same type of business just with a new name. I think that is the option I would choose as you already have the knowledge to do it, so you are essentially paying yourself a large profit and starting over again. Yet, you still have the ability to pass it along to your children.
All businesses come to an end, whether it is hundreds of years or just a few months, so I would get out while on top and move onto the next idea.
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