Your Exit Strategy
1) Identify the exit strategy you plan to make. Do you intend to sell your business in the next 5 years for a large return? Do you intend to stay with the business for several decades and retire? Do you intend to protect the venture as a family business, and pass it down to your children?
I touched on this topic a little bit when I wrote about my vision for my venture. If One World Financing and Consulting grew and became what I envision it becoming, then there are a few exit strategies I have in mind but they all coincide with continuing the business. The few options I have in mind for the future of my venture depend on whether my kids have an interest in following in my footsteps or not. I would never force my children to take over the family business. I will always push them to find their own path yet if their path ends up coinciding with mine, I would love to hand down my business to my children. I would not consider selling because my venture is as much a message as it is a business. I want it to have weight and carry a reputation that proceeds itself with help making the world more clean and sustainable.
2) Why have you selected this particular exit strategy?
I have selected this strategy because as I stated above I want One World Financing and Consulting to represent more than a business. I want it to be an example to the world of how to care for the planet we live on. I want to be known as a trusted company for both environmentalists and big businesses. I want to be the bridge between the two warring factions to promote change that lasts. This kind of reputation and work takes a lifetime to build and maintain so I would definitely not sell or throw away all my life’s work. I believe the venture would be very popular for people all over and a wanted career for many.
3) How do you think your exit strategy has influenced the other decisions you've made in your concept? For instance, has it influenced how you have identified an opportunity? Has it influenced your growth intentions or how you plan to acquire and use resources?
Intending for my venture to continue growing and flourishing allows me to make decisions based on reputation and how to create relationships that will allow me to accomplish my long term goals. My first worry is not profit its growth and reputation. If I was planning to sell I would create an ingenious platform that could be bought and utilized by a big company. Instead I am more interested in creating a living and breathing system that will continue to run long after I am gone. I could still create an ingenious platform for the company but there wouldn’t be as much of a rush. I have more time to accomplish my goals than 5 years. Basically I wouldn’t be making rash decisions based on profit and margins. I would be slowly and carefully forming puzzle pieces that will one day all fit together in perfect unison to create something strong and lasting.
I touched on this topic a little bit when I wrote about my vision for my venture. If One World Financing and Consulting grew and became what I envision it becoming, then there are a few exit strategies I have in mind but they all coincide with continuing the business. The few options I have in mind for the future of my venture depend on whether my kids have an interest in following in my footsteps or not. I would never force my children to take over the family business. I will always push them to find their own path yet if their path ends up coinciding with mine, I would love to hand down my business to my children. I would not consider selling because my venture is as much a message as it is a business. I want it to have weight and carry a reputation that proceeds itself with help making the world more clean and sustainable.
2) Why have you selected this particular exit strategy?
I have selected this strategy because as I stated above I want One World Financing and Consulting to represent more than a business. I want it to be an example to the world of how to care for the planet we live on. I want to be known as a trusted company for both environmentalists and big businesses. I want to be the bridge between the two warring factions to promote change that lasts. This kind of reputation and work takes a lifetime to build and maintain so I would definitely not sell or throw away all my life’s work. I believe the venture would be very popular for people all over and a wanted career for many.
3) How do you think your exit strategy has influenced the other decisions you've made in your concept? For instance, has it influenced how you have identified an opportunity? Has it influenced your growth intentions or how you plan to acquire and use resources?
Intending for my venture to continue growing and flourishing allows me to make decisions based on reputation and how to create relationships that will allow me to accomplish my long term goals. My first worry is not profit its growth and reputation. If I was planning to sell I would create an ingenious platform that could be bought and utilized by a big company. Instead I am more interested in creating a living and breathing system that will continue to run long after I am gone. I could still create an ingenious platform for the company but there wouldn’t be as much of a rush. I have more time to accomplish my goals than 5 years. Basically I wouldn’t be making rash decisions based on profit and margins. I would be slowly and carefully forming puzzle pieces that will one day all fit together in perfect unison to create something strong and lasting.
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