The exit strategy I plan to make is to sell the company in 10yrs, but still keep stake in it as an investment. I will then use the money I get from selling to pursue more ventures that I can cash out with. This has influenced my decisions greatly as I have not put thought into the long term that much as I plan to sell and have focused on optimizing in the short run.
It seems like you have a clear idea of how you plan on exiting your company. I think it’s a smart idea to keep stake in the business after you leave as an investment. That way you can make more money that can be used towards future business ventures. It sounds like you’re interested in pursuing many different ventures in the future.
ReplyDeleteOh that's a great plan. I hope you will the company to the level which you want, and that you will make it become a well recognized one. Also, I'm sure you are the kind of person that want to try new challenges every time. I wish you a great luck.
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