Your Exit Strategy

Your Exit Strategy

The exit strategy that I will take will be to intention to sell my business in the five years for a more significant return. Because it will give me a more substantial profit and I will have less risk of losing money. If I can sell it, I will probably try to stay with it for several decades and then retire. I choose this particular exit because there is a lot of competition, and the more prominent companies like Walmart will take over the business sooner or later.  What will happen is that Walmart will buy my company sooner or later.  I will get destroyed by the competition or lower prices that Walmart will have. The exit I think that will happen without affecting or influenced other decisions will be that they will be working by Walmart from now own.

Comments

  1. Javan's BLoGJuly 29, 2019 at 8:03 PM

    Hey Ricardo.
    I found your post to be very interesting. I did get the impression that you would like to be able to see your company and not have to worry about the competition that comes around in the future. That reason is a very understandable reason to want to exit as soon as possible. A lot of people enter business to make a quick buck, sell, and jump out. Good move for you.

    ReplyDelete
  2. Troy LinderJuly 29, 2019 at 8:33 PM

    I chose the same exit strategy seems a lot easier to simply sale the company to a larger corporation that has more resources and would prob over take you in the future anyway.

    ReplyDelete

Post a Comment

Popular posts from this blog

Identifying Local Opportunities

Identifying Local Opportunities The Title of the Article: Google Should Google the Word 'Employee'                                     The link of the Article:  http://go.galegroup.com.lp.hscl.ufl.edu/ps/retrieve.do?tabID=T004&resultListType=RESULT_LIST&searchResultsType=SingleTab&searchType=AdvancedSearchForm&currentPosition=1&docId=GALE%7CA587104855&docType=Editorial&sort=Relevance&contentSegment=ZPIT-MOD1&prodId=GRGM&contentSet=GALE%7CA587104855&searchId=R1&userGroupName=gain40375&inPS=true    The story tells Google employes that have full-time employee has become a last resort and that their goal is to keep the number of a full-time employee as small as they can. The problem for them is that the government requires the company to have good care of the employee. Created a controversy that their few employees so the respo...
Read more

Halfway Reflection

Image
Halfway Reflection The behaviors that I have used and developed with have seen in this halfway course in entrepreneurial competency the most id the opportunity search and discovery — the innovation of finding an opportunity — also, the decision to exploit a break by taking a risky action uncertain environment.  A moment when I felt giving up was when I had a business opportunity, and I took it, and I had to do so much paperwork. What made me pulled through was the moment that the manager told me that if I go an continue doing the good I could get promoted, and that gave me relief and gave me more motivation. After passing two weeks, I got the promotion, and all that hard work in the office pull off. The tips that I would give to the next semester students would always find the opportunity and do risks to become someone.
Read more