Tuesday, April 5, 2016
My Exit Strategy
1) I definitely intend to sell Go-Go Rides in the next 5 years for a large return or something along those lines. I do not think it is worth investing my whole life in it and going to the extent to pass it down to my children.
2) I have selected this particular exit strategy because I do not intend to stay in Gainesville for too long. I think it is something that would work well if students ran it too. There are many options I think.
3) I had not thought much about my exit strategy until I saw these questions. I think that it will influence decisions or opinions from now on.
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Hi Isabella,
ReplyDeleteLooks like this assignment got you thinking about your business venture and how to exit if choosing that strategy. I could see you taking a venture outside of Gainesville but that might depend on how profitable it was. I was surprised to see several of the guest speakers in the class start a venture while in college, and decide to make that their career after graduating. Regardless of what you decide best of luck to you.
Here is the link to my Exit Strategy - http://joyspurlock.blogspot.com/2016/03/my-exit-strategy.html
Hey Isabella,
ReplyDeleteI think it will be smart to let students take over your business in the long run if you were to leave Gainesville. Particularly, graduate Business students will be great candidates to run your company. I’m curious to know why you wouldn’t want to pass your company down to your children. My exit strategy is very different from yours. I talk about planning to change my company into a family business. You can check it out at http://entrepreneurshipblogs.blogspot.com/2016/04/my-exit-strategy.html
Great blog post! Very interesting! Obviously a company that caters to students is probably best run by fellow students. At a certain point you will become out of touch with the plight of students or just potentially grow out of that phase of your life and want to move on. I as well picked an early exit strategy. If you would like to check out my blog here is a link: http://agubernikoffent3003.blogspot.it/2016/04/exit-strategy.html
ReplyDeleteHi Isabella,
ReplyDeleteA company centered on students sounds like a great idea. I think you can take your venture to new heights by taking it outside of the Gainesville area. Focusing on a student base is something that I personally believe will be a very competitive and exciting experience. I wish you luck on your venture. Great Post!