Friday, July 26, 2019

28A - Your Exit Strategy


My exit strategy is to sell this business for a large return. I want to sell this business because I believe this is how I will make the most money. I believe it will be hard for me to compete with larger companies who may step in to compete. I would rather sell it to them. I would like to take the money and invest it in another company. If I wanted to grow this business large it would take lots of capital which I do not have as a college student. This exit strategy has influenced my decisions on opportunity. I believe this is why I chose such a broad market.

1 comment:

  1. Hey Dylan, I like your exit strategy and think it could bring you in a large return, especially if the business shows a track record of success. On the flip side I would think about keeping it. I know you may not have the capital right now but as the business grows and you begin to make more profits that capital may become available. Either way I believe your opportunity gives you wiggle room when it comes to a exit and no matter what I think you walk away with a nice return.

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