28A – Your Exit Strategy

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Exit Strategy
I intend to stay with my business for several years. A lot longer than 5 years. If I have a great team of technical experts with me that can make my dream a reality, I would love to continue with my business until I retire. Then I intend to sell to an individual who has the same passion and vision as I have.

Why I chose this Exit Strategy
I chose this exit strategy because it is something that has many expansion opportunities. Sustainability is something I am extremely passionate about, and I see myself working with it until I physically can’t anymore.

How my exit strategy has influenced the other decisions I’ve made in my concept
Until now I have not thought about my exit strategy. But yes I do guess it had somewhat of an impact on my decision. I knew I wanted to hit a large topic ever since I started working on it. And this topic is pretty saturated, for good reason, sustainability is on everyone’s mind. So I always knew I would want to work with it for a while. It has made me want to create a very able team who also shares my passion. It also will influence how I network with experts in the area.

Comments

  1. Nick DiprimaNovember 25, 2019 at 10:50 AM

    Hey Giovanna, I think its great that you intend to stay with your business for such a long time. If you can continue to grow your company and invest the revenue you make, you will definitely set yourself up for a lifetime of success. Not only that, but you will be able to pass off your business down the family line, which would give your family something very meaningful.

    ReplyDelete
  2. Rebekah SmithNovember 25, 2019 at 11:07 AM

    Giovanna, I really appreciate your commitment to your farther than just this assignment. You have the right mindset to make it far with your business plan. This exit strategy is smart, sufficient, and will make you a lot of money. I read through your post and there are no grammatical issues. You did a great job!

    ReplyDelete

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