Nearly 550,000 people become business owners every month, according to the Kauffman Index of Startup Activity. Many of these new entrepreneurs get into the startup space with one goal in mind: selling a business.
It's no wonder. After failing to secure backing for a wi-fi enabled video doorbell on Shark Tank, Jamie Siminoff went on to build Ring. In 2018, Amazon purchased the company for more than $1 billion.
