November 2022 Update
The temperatures-are-going-down edition
While the traffic on our websites is going up towards the holiday period, outside it’s getting colder, darker and windier.
It’s the time to stay in, self-reflect and work hard on our online businesses. (seriously, what else are you going to do?)
And best of all, it’s time for a quick update.
Since we’re not ready yet for a market rally or to take our designated seat at the Christmas diner table, we can focus 100% on business.
I have mentioned earlier on my blog how I was scouring the internet for online acquisition deals, I’ve actually taken a more passive role in doing so.
While this is not necessarily a matter of lack of time (but yes, that is a factor as well), my main problem with the deals is that there are none, it’s like to e-business marketplace hasn’t caught up with the economical reality or the stock market.
At this time I’m still waiting for the revenue and multiples to go down and the real deals to be made.
I’m now expecting that time to coincide with the stock market deal opportunities which most experts are expecting to be in the second half of 2023 (not financial advice. #DYODD).
Meanwhile I’m stuffing the war chest as much possible to take advantage of that potential once-in-a-lifetime opportunity.
That means the only thing left to do at the moment is building, so we are ready for the economical revival and raging bull market that comes with it.
Whether you’re building your brand through a social account, blog, SaaS or service. Wintertime is building time so we can make hay while the sun shines next year and next bull market. so join me in this #BuildingWinter.