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?

For, my business venture I intend to make it large enough to attract a large company such as coke or pespi and sell off the rights. I never though of this as a long term plan. I would most likely build it up to a standard that I feel is both physically and financially successful. I would look to sell the company but still keep some stock in it and move on to other possible business ventures.  

2) Why have you selected this particular exit strategy?

I chose this because I created this opportunity as a way to make money and possibly provide the world with something I felt they were truly lacking. Like I said before I never though of this idea as a long term solution for the rest of my life but rather as a stepping stone for myself to go on to bigger an better things. 

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?

I don't think my exit strategy has really changed my decisions for the future of my product. I made this product up specifically with this exit strategy in mind therefore I was already considering my exit strategy towards the beginning. It could affect how I acquire resources because I could look for possible partners earlier on and then sell it off to them fully. It however didn't affect how I came up with this opportunity because like I said I had previously had this exit strategy in mind.