Your Exit Strategy

1) Identify the exit strategy you plan to make. Do you intend to sell your business in the next 5 years for a large return? Do you intend to stay with the business for several decades and retire? Do you intend to protect the venture as a family business, and pass it down to your children?

I would hope to continue to work hard on my business and keep working until I am ready to retire. I plan on staying with it for a very long time, then when the time comes for me when I am done I will either sell the business or pass it on to a trusty coworker or family member. If I choose to pass the business on to someone, I would want to make sure they share the same vision and values as I do so that they can keep making the business succeed.

2) Why have you selected this particular exit strategy?

I have selected this because I am very passionate about this field and I see it growing in many different ways. I want to be there to expand it as much as I can in my life, then when I am done with it, I will let a new leader take charge if it.

3) How do you think your exit strategy has influenced the other decisions you've made in your concept? For instance, has it influenced how you have identified an opportunity? Has it influenced your growth intentions or how you plan to acquire and use resources?

I have identified many new opportunities because I want to be the one to take control of this business for the next several decades. I plan to grow in numerous ways and that is because I will be the one making the major decisions.