2. I want the best for the company and for my family. So if it turns out being great and I keep it I would hand it over to one of my siblings whenever I saw fit.
3. I don't think my exit strategy really impacts my opportunity since I would make sure that the business would be carried on to address that opportunity before I just sold it or handed it over to someone. It hasn't really affected my growth intention either because I already have a plan for my education and future that I will not allow anything to get in the way of and I already had this ideal before I even came up with this idea. If it turned out to be a success, it would change how I acquire resources because I would have the means to those resources sooner than I would if I just go with my current plan, but I intend on using those resources in the same way.
Hey Corrine,
ReplyDeleteI agree with your exit strategy and would probably do the same myself. I would probably lean toward selling my business unless I really have all my ducks in a row and know exactly what I'm doing. If thats not the case I would definitely sell. I also think planning for your family is a great idea and something I would for sure need to do myself.