Sometime after at least 10 years of being with my business and if the business is financially well-off, my intentions would be to sell it. The reason I selected this particular exit strategy is because I don't want to stick with the same venture throughout my career. I would want to pursue other small ventures so I can have some variety in my career rather than be some entrepreneurial one-hit wonder. I also don't want to work too hard for the rest of my life so after I sell the business and after possibly pursuing other small ventures, the end goal would be to retire and live out the rest of my life as happily as possible. I don’t think my exiting strategy has affected the decisions I made in my business concept because I would want to focus on what I'm doing currently rather than look into the future.
Hi Bernard,
ReplyDeleteI really enjoyed reading your exit strategy and can tell you have really thought it through. I also have a similar curiosity that you talked about with not wanting to spend too long on this venture because you would like to try something out in the future. Elon Musk would agree with you on the previous statement because after starting Paypal he was excited to start other ventures such as Tesla and SpaeX.