Friday, November 22, 2019

Your Exit Strategy


1)    If my business becomes as successful as I would want it to become and its stock continues to increase after 5 years of owning, I would sell it for very large return.
2)    The reason why I selected this particular exit strategy is because this way there is no way I could lose, even if the company grows at an exponential rate after I leave I will not feel bad because in the end I already made my money. I would grab that money and invest in a line of business that keeps me interested and on my feet, I believe that with this simply fact added into my line of work I would become much more successful than a simple business idea I do not have much interest for and only cared about its success to get me started.
3)    Yes, it does have a lot do with the decisions I would have made in my concept because I just want to create a product that I know will be very successful right now but I cannot guarantee that for the future. Therefore, if my exit strategy is to sell it for a good return then I will be able to go in to the industry I want as a business owner and that is my ultimate dream.

No comments:

Post a Comment