Your Exit Strategy

1) Identify the exit strategy you plan to make.

As someone who is as of yet to decide exactly what they want to do for their career, I know that I want to explore. However, this business is important to me. I believe that it is an unbelievably important cause that we all need to come together for a fight. That being said, my exit strategy is that I would startup the company and stick with it for a couple years until I know that it is stable and profitable. I would then sell it to someone who is looking to continue the business. That way I can make a large return for my efforts within the company, the company can benefit for a newer and fresher perspective, and I can pursue a career more towards my field of interest.

2) Why have you selected this particular exit strategy?

I have selected this particular exit strategy, knowing that though I believe in this idea and this topic is something that is very important to me, running my own business is not what I necessarily imagine myself doing the rest of my life. I think that this offers a balance in giving me new experiences, starting a company that I truly believe in, and giving me the chance to make a large profit from this company.

3) How do you think your exit strategy has influenced the other decisions you've made in your concept?

I never had really thought about my "exit strategy" until now, so I don't really think that it has had any particular influence over the decisions I have made thus far. I think that while you are with a business you should give it your all, whether you plan to be with it for 5 or for 25 years. This is exactly what I have tried to do, I have given my all into the ideas that I have put into my company. The only thing that I would probably add to my plan is to find an apprentice to work with me, someone who is aspiring to own a business similar to this or who I can trust to maintain the core values of the company even after I am gone.