Friday, April 12, 2019

Your Exit Strategy


Everything eventually comes to an end. After running my company for several years and being at the maturity stage of my company, it will be time decided what I want to do with the company. There are multiple factors I would have to consider before I would exit from the company. How much the company is worth would be the first thing I would evaluate before exiting. I would consider who is a shareholder and how much I would gain from selling the company. I would not do any of these considerations if I feel the company is not perfect. If I see there is room for improvement in my company, then I don’t think I would consider selling it. My purpose for the company was to create a service that is for the greater good. I want my company to benefit everyone who drives a car. I want the company to save people gas money, time and I would also want it to drastically benefit the environment.
I think I will end up staying with the company for the long run until I retire. I think I will keep improving the company throughout my lifetime. I will want to continue improving the concept and also would want the company to scale as much as it can. I would like to put this concept in every major city in the U.S. and I do not think it’ll be possible for me to do in a short period of time.
My exit strategy is influenced by my growth intentions. I want to grow this company as big as I possibly can. I want to scale at a feasible speed to put the Road Warriors in every major city possible.

1 comment:

  1. Hi Isaac. I like that you really thought about your company and its shareholders for you exit strategy. It is something that really needs to be done in consideration before and after starting a company. Having this company for your whole career is a good idea and if you decide to pursue it, I hope it works. Great post.

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