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28A – Your Exit Strategy
- I plan to exit my venture in around 10 years. I will sell the company and then invest in other companies and even my own in hopes of never working again.
- I have selected this exit strategy because I really see ventures as a very stressful and tiring process and as a young adult, I do not want to spend my early years growing grey hairs, I want to be able to enjoy life. So after ten years of constant work, it would be nice to take a break and use my acquired knowledge of businesses and entrepreneurship to invest in companies that I think will profit me in the end rather than competing with industries that have already been established.
- This exit strategy has influenced my current decisions by making me more eager to get out. I want to establish my company fast even if that means tirelessly working to get it running and worthy of selling. As a result, I have had to be creative and seek the opportunity that is in the best interest of my venture. I want to waste as little time as possible. Even though it would be easier to target a different opportunity, the opportunity I have picked will result in the best results. That does not mean I will never target the easy opportunities though, I would like to add more branches to my company to reach other people. If my company can relate to as many opportunities as possible, I can be assured that my company can be sold to any type of buyer whether they are looking to target large cooperation or the average working person.
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