Friday, July 26, 2019

28. Your Exit Strategy

After five years I intend to sell the company for a large return. When I envision myself in the future I don’t have a clear path. I many fields in academia and wish on using them in various industries and sectors to create solutions for problems. I would love to create multiple companies over my lifetime and learn from every single one creating a better one every time. I don’t wish to tie myself to a singular company. I don’t want to have a profession in one field I want to have a profession of ideas and creativity looking for problems and crafting solutions no one has thought of before. As a result, when I craft decision in my concept that is mostly solution-oriented and rather short term, I have not thought about my solutions with me being there to guide them in ten years time. My growth intentions and resource management have stayed rather similar however, I typically view my ideas in 1 to 2-year increments wanting to have flexibility within my company. As soon as my company garners attention from outside investors who wish to take the reigns if the time is right, I will gladly sell.

1 comment:

  1. Hey Jon! Your idea of selling your company for a profit is a pretty good idea. I am certain that after developing it for around five years it'll be worth quite a bit. I also relate to your uncertainty about what to do after, and I can imagine many other people understand that feeling. However, with the experience gained from this venture I am certain you'd have a better idea by then. Great work so far!

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