As someone who also ran a hosting company (2001-2007, when I sold it--the acquiring company is still in business and doing fine today), there are some people who are building hosting companies for the long term, and many others who will sell given the right $ amount and timing.
Some of the best hosting companies I've been with were run by "lifers" (which is what you sound like to me, too.) You've got a good team, a system, and you're profitable and growing your customer base. You're enjoying yourself, so there's no point in selling.
There are many others for whom the support gets to be too much, or they haven't charged enough to make a profit--in my case, it was both. If you can't make a profit, you can't put the systems in place you need to run a great business, so you kill yourself getting up at 3AM when a customer texts your "emergency support" line. Eventually, you burn out, sell it and move on.
Unfortunately, with hosting being as price-sensitive as it is (I like the comparison to airlines someone else made in this thread), there will always be companies that start up, have an owner that runs him/herself into the ground, and sell.
You "lifers" are in many ways smarter than the rest of us. I applaud you for not giving up and not giving in to the price war. Here's hoping other hosting company owners will read these comments and realize there is an alternative to full burnout mode.
Some of the best hosting companies I've been with were run by "lifers" (which is what you sound like to me, too.) You've got a good team, a system, and you're profitable and growing your customer base. You're enjoying yourself, so there's no point in selling.
There are many others for whom the support gets to be too much, or they haven't charged enough to make a profit--in my case, it was both. If you can't make a profit, you can't put the systems in place you need to run a great business, so you kill yourself getting up at 3AM when a customer texts your "emergency support" line. Eventually, you burn out, sell it and move on.
Unfortunately, with hosting being as price-sensitive as it is (I like the comparison to airlines someone else made in this thread), there will always be companies that start up, have an owner that runs him/herself into the ground, and sell.
You "lifers" are in many ways smarter than the rest of us. I applaud you for not giving up and not giving in to the price war. Here's hoping other hosting company owners will read these comments and realize there is an alternative to full burnout mode.