28A – Your Exit Strategy

1) My exit strategy for my entrepreneurship businesses will definitely not have me at the helm of the company. If the business turns out to be a cash cow of the sorts will pass ownership to a person of my choosing that I know will be able to keep the company steady and hopefully grow it, so I can earn a steady income and maybe selling at some point. However, if the company may face multiple threats beyond my set of skills I will opt to sell the company and move onto the next.

2) I have chosen these two types of exit strategies because I do not wish to direct and operate a company. I have found that I can get bored very easily which can only be a bad thing for the future of any company, by letting it rot or trying to change to much. Therefore I do not see myself running the operations of the company but receiving steady profits and maybe sell.

3) I can definitely say that my exit strategy has influenced my opportunity and product. It has allowed me to create a very simple and streamlined opportunity that is not very affected by unknown threats or bigger more powerful companies. My exit strategy has created my opportunity very simple to manage compared to most service products.