My Exit Strategy

As my exit strategy, I plan to do it within the next few years once the business has had enough time to test out its success. Honestly, I do not plan on pursuing this business as a career, but I am willing to hold onto it past this class to see if it could gain any real world traction. However, After a few years, I will most likely just add it to my list of great experiences and move on. While I’m passionate about the cause, I’m not overly keen on going into business as a career field. Plus, I could possibly pawn off the idea to someone more qualified and better at manufacturing, marketing, and selling merchandise. I would need al lot more experience to actually pursue this long term, and a lot more of a desire to. Regardless, I am appreciative that I’ve been able to learn about the venture process so in-depth, as I believe all skills are useful skills, and will be used in small and large increments throughout my lifetime.

I think that my exit strategy has influenced my diminished desire to really succeed with this venture process, as I don’t feel I will be taking it in any given direction once my college career is over, and therefore I haven’t put nearly as much effort into these steps as I could have, if I decided to move along with my product and overall idea. However, on the bright side, it has influenced how I identify opportunities, and has helped me to see that there are a lot of important steps that lead into being successful in all important aspects of life, and carefully navigating each and every step of this venture process has helped me to look at big decisions or tasks differently, and really break them down and analyze them in smaller, more feasible pieces.