My Exit Strategy
- I do not have a timeline on when I want to sell my business. In an ideal world I would grow the company very quickly and have the ability to sell around eighty to eighty-five percent of it in ten years. Selling this large portion will allow me to remain involved but still give me the luxury to explore different ventures or options.
- I do not like following a strict routine. I believe this can force life to be monotonous. This is why I have chose this specific exit strategy. Selling the business would not be easy for me as I would care tremendously for it. That is why I would only ideally sell eighty to eighty-five percent of it.
- I don’t think that my exit strategy has influenced my decision. My exit strategy is based on the most ideal situation. I do not think this situation is very likely therefore I would not make any decisions based on the exit strategy.
Hey Cameron,
ReplyDeleteCool stuff! I think it's really interesting that you wouldn't sell of the whole company and would end up keeping piece of it. It's a very smart tactic because you can milk the company by selling it for the highest price, and then ride the residual revenue you would make off the small piece you sold. Good luck!
Please see my exit strategy post here: http://sadokh.blogspot.com/2016/04/my-exit-strategy.html
Thanks,
sadok
Hi Cameron. I enjoyed reading about your exit strategies and thought your post was very unique and different. I like how you detailed why you don't enjoy following a strict routine, because I think that people often do not feel that way. http://minaaomar.blogspot.com/2016/04/my-exit-strategy.html
ReplyDelete