Tuesday, November 19, 2019

28A – Your Exit Strategy -


  1. Thinking forward, within the next five years, assuming that I've capitalized on large percentage of the market I'm aiming to market to, I feel that I would definitely sell off my business and look towards other opportunities I can take advantage of. I feel that it's highly doubtful that I might find many individuals that are naturally inclined to run this business the way I envisioned it, and as such, selling off my business even sooner than five years might be the key to succeeding in its growth. 
  2. I would take this path due to me feeling that selling off the business to someone who is passionate about such discussion and debate could do a lot more to expand the app and concept beyond what it already is. I feel that my children probably won't be into the concept as much as I am, and it would be nice to branch out into another lucrative opportunity as I can see myself getting bored of being involved with this business in five years.
  3. I feel that my exit strategy has affected my decision making process considerably. From the start, I felt that while this idea was lucrative, it just wasn't super feasible and wasn't something I might enjoy working with after a long period of time, especially considering that current interest within this product might only exist due to the heightened political climate within our country at the moment. These concerns all became factors which outlined the planned growth and expansion of this product when it came to working with different debate circles and even thinking towards subsidizing the cost of the product for my users in order to grow my user base initially.

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