Have you ever been pressured to make a life-changing decision in a short amount of time? Have you ever been worried about making the wrong decision?
Betty has been working long and hard on making a dating app. Now, someone wants to buy her out, and they are offering her a LARGE sum of money. Betty feels stuck. She is elated that someone wants to buy her app, especially for such a high price, but she isn’t sure she’s ready to move on. The buyer is giving her three days to make a decision. Betty doesn’t want to let an incredible deal go, but she also isn’t sure she’s ready to give up her app.
First, I would celebrate with Betty, “Congratulations on your first offer!”. Then I would urge Betty to push back on the buyer’s three-day time limit. If her app is great and they are willing to buy it at such a high price, why are they giving her a time limit? When there is this external pressure to sell or not to sell, it becomes harder to make a decision from a point of clarity. Moreover, if this company is willing to buy her out for such a high price, maybe someone else will want to buy it for even more.
What would YOU do in Betty’s place?
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