Assignment
28A – Your Exit Strategy
1.
I
intend to stay with my business for as long as possible, and then retire. If
you are starting a business, you should be extremely passionate about it, instead
of just wanting to make money. As long as my business is alive, I will be
involved with it, making sure that it remains honest and ethical.
2.
I
have selected this particular exit strategy because I don’t want to start this business
just to make money. I am passionate about the outcome, and will always be
concerned with how the business is run, regardless if I am the CEO or not.
3.
I
think this exit strategy has influenced the other decision I’ve made in my
concept because I’ve always had the long-term impacts in mind when planning
this business. It influenced how I identified the opportunity in the first
place because I know that food preparation is something that will always a need
in the market, and combining it with convenience and ease means it will always
be desirable. I knew that this would be a long-term business and commitment. It
has influenced my growth intentions because I would like it to grow to as many
cities as possible and make as many people’s lives as easy as possible. I am
passionate about the impact of my business and hope to continue making that
impact for the rest of my working life.
Hey Hope,
ReplyDeleteI like your exit strategy sticks to your passions and I get the fact that you would want to gain success from it, to earn the title of CEO. Most importantly, I like how you mentioned it would be honest and ethical, these standards are important to uphold in my personal opinion. Overall Great Job!
Hey Hope, did you plan for the business to continue on after you retired or just let it be taken over by someone else? Either way I total agree with wanting to stay with something you started. It becomes apart of you and your life and I couldn't imagine just tossing it aside.
ReplyDelete