For my exit strategy for my venture I plan on selling it
down the line so that I can retire in peace and have a large sum of money for
myself, and my family in the future. I chose this particular exit strategy as
it would set up my family in the future and ensure that we had a source of
income up until we did not need the business anymore. As I am sure that the
need that I am addressing can be changed as technology advances or new
supplements are created making the market harder and harder to hold on too. As of
now, I do not think that this exit strategy has impacted my venture concept
because it has evolved as the course went along and was something that was not
considered until this point. It most certainly has not impacted my opportunity
or the idea that I had for my venture since it was not a considering factor up
until now. The only thing that I would consider to be possibly impacted by the
exit strategy would be the growth I plan to make in my venture. I was never
intending for this venture to persist into the far future because this idea was
just a concept that would generate background income and would not be a career
option.
Hello Austin,
ReplyDeleteI want to say that I think you did a great job with the post for this assignment by answering all the questions in an easy to follow and clear manner. I believe that there is not a right or wrong answer in this assignment but just personal preferences that come into play to make future choices. Although I chose a different route and chose to pursue my business venture as a possible family business in the long run, I think that both approaches are totally valid and right in their own way. Great job once again!
Sincerely,
Javier Alfredo Felis Perez