28A - Your Exit Strategy

1.) I enjoy the idea of my business strategy so much that I hope my kids choose to inherit it. If not, I plan on working it out until I'm old and grey and then sell it off for a copious amount of money.

2.) I've selected this particular strategy because I worked hard for something my entire life and I don't want to just hand it over to some random person. I'd much rather have my family benefit from my hard work and reap the fruits of my labor. If they don't want it then someone else can have it.

3.) My exit strategy has influenced my decisions by reminding me that I do things for others besides myself. I want my family to live comfortably off the work that I've done and set them up for generational wealth. I plan to acquire resources and workers from my own community if possible to assist in the betterment of my surroundings.

Comments

  1. Hello Brandon! I agree with your exit strategy. I chose to execute a similar one. I think if you put all that work into a company that you should continue to work with it to the end of its life. Risking someone else to take over and ruin what you accomplished is not worth it, especially if you continue to be a stakeholder for the company. Great post Brandon!

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  2. Hi Brandon! I really like how passionate you are about your product. It would definitely be cool if we could continue all of our businesses and then keep the business in the family after we are too old to work. I personally think that with a lot of our business plans, technology will get better and our products will become outdated.

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