Sunday, July 31, 2016

My Exit Strategy

Image result for fork in the road
1) My exit strategy will be determined based on my experiences from it and where I am in life with my personal life. If I see it working out well and has the potential to grow even more I would keep it. If I see it costing me more in my personal life then I can see myself letting it go.

2) I choose this strategy because I want to do what is best for me. I do not want to live my life with regret and thinking "what if"

3) My exit strategy does influence my other decisions because one decision will have me doing everything I can to make it grow while another would make me want to do everything to set it up right so I could let it go, so it is all a matter of where I am going with my decision.

2 comments:

  1. Louis, it is definitely good that you have an exit strategy that could be adjusted depending on how your venture was at the moment. This would allow you to have flexibility in how your venture evolves and changes through time. However, this system is difficult to plan out as it offers no concrete plan to follow and allows for no redirection in your original venture.

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  2. Louis, I definitely think that determining if you are going to keep it or not based upon your experience with the business is a great idea. One reason being that you could really like what the business is doing for your life and you could see the ways in which it will and can continue to flourish. Great discussion and good luck with your venture if you really do plan to pursue it.

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