28A – Your Exit Strategy
The exit strategy I plan to take with my business is to stay in it for the long run. I will retire with the business and pass it on to my kids. I hope that it will be successful enough for that to happen. I have selected this particular exit strategy because it would mean that I have a successful business. It would be my dream to be my own boss and own my own business that I work from home when I want to work. I also wouldn’t want to sell it because I intend to do this until I retire, I would not want to sell it and then return to working for someone else. I would like to give it to my kids so they have the same opportunity as I do to be their own boss. This exit strategy has definitely influenced all the other decisions I have made in my concept. I have always intended to expand and grow my business and I plan on doing so with the revenue that I generate.
Hello Kaylee,
ReplyDeleteYou did an excellent job on this assignment. You thought of some really interesting topics and were able to complete the assingkment in a way that is really cool. I thinkj you always do good work and I am excited to see how you continue to grow as the class moves forward.
Hi Kaylee,
ReplyDeleteI liked to read your post and it seems like you have a long-term vision for the future, thinking all the way down the line to your kids and your grandkids. Many people don't consider such a long horizon, and so I found it interesting that you are taking into consideration all of that. I think that your idea is great for the new world, and that many people would enjoy it.
Hi Kaylee,
ReplyDeleteI chose the same exit strategy. I also felt that being able to pass a successful business down to your children is one of the best feelings as a parent. This being said I also chose this exit strategy in order to be able to teach my children from a young age the importance of becoming literate in a business sense. Great post and keep up the good work!