Friday, November 30, 2018
28A- Your Exit Strategy
I would love to work at this business to decades and retire from it. It would be awesome to be able to run a successful business for years and be able to sell the business for a big return. It would be ideal to retire around 50 years old and live out my years spending time with my family and friends. I have selected this particular exit strategy because if I sold the business in five years I would not have enough money to be able to retire. I do not want to sell the business if I can not live off of the money for the rest of my life. I believe that my exit strategy has influenced my decisions for my concept. That is why I will always have the business growing. That way when I am going to retire my I will have plenty of money to support me because the business will be big.
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Hey Peter, great work as usual. I really like your retirement plan. It really gives you a chance to grow with your business and pass down the money generator to your children and offsprings. If everything goes according to plan you'll be able to live off the profits for the rest of your life which is both a common goal we share.
ReplyDeleteHey Peter,
ReplyDeleteI have enjoyed reading about you plans over the semester and if I had to guess before reading this I would've said you wanted to run this business for many years. Your passion and knowledge about the work is clear and I hope you have great success with it. Who knows, you may be able to retire sooner than you are expecting.
Hi, Peter. This is a great post. I think you have a great exit strategy. Working at your own business and having a clientele that will trust you and come back to you again and again. This will definitely set you apart from a lot of competition with other businesses. Keep up the good work.
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