How do I plan to exit this venture? After contemplating this, it’s
my opinion that I would most likely sell the business after five years. In all
honesty, I’m not the type of person to do the same thing forever. I like to find
new adventures and new challenges. I think if I were to stay with the business for
more than five years, I would get bored and the business would suffer as a
result of that. I don’t mind starting something, getting it off and running and
then selling it to the highest bidder.
My exit strategy does influence the decisions I make for the business.
For instance, the expectations I have set, and the new ideas I have come up
with are all a result of not wanting to be around too long. It’s also providing
the best product to a potential buyer who can then take the business further.
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