Friday, November 30, 2018

28A Your Exit Strategy

I do not intend to sell my business for profit. My mother is an entrepreneur and prides herself on hard work. I do the same, and if I worked hard enough to have my business be implemented in my local communities I would want to see it through in full. I would also want to preserve my original ideas and values that I built the company on which is one of the main reasons I would not want to sell the company. The company could be passed on from generation to generation. However, I would not pressure my children to take over the business like most people do.

I would want to make sure the company keeps a positive relationship with the various police departments and the schools that the program is implemented in. This was one of the resources in my venture's unfair advantage. Therefore, it directly affects how I proceed with my company.

2 comments:

  1. It is so interesting to see what you plan is for this business since I feel it is different that most people that just want to find a way to make a lot of money and reap the benefits while delegating the responsibility. I think that your business would be very cool to be generational and pass it down. Nice job!

    ReplyDelete
  2. I find it beautiful how attached and set you are in your mind to keep the essence of your project. There are certainly certain projects that are meant to be more of your actual baby, it is more of a passion project and something that you enjoy and appreciate putting your time into. That is something that is more valuable than money and if you have found it in such project then I completely support you in your endeavor to actually materialize this!

    ReplyDelete