I do plan to hand over majority of power over to
someone else in about five years. But this person must share the passion I do
and want only the best for ALike.
I chose to give up a majority hold on ALike, because I
want to go on and come up with other concepts. I want to keep working and
providing for the world. This is why I still want to have a say when it comes
to ALike’s future, but still available to find other opportunities I can
exploit.
My exit strategy has only become a recent thought of
mine. My search for opportunity, desire to grow, and my allocation of resources
were not influenced by my exit strategy. I came into this concept with the
focus and attitude to give a strong effort for my concept to succeed.
Hi Marcos, I think that either this class has rubbed off on you or you have a very natural entrepreneurial side. From what I have grasped from being this class, the entrepreneurial spirit is all about thinking about what's next. I think your decision to leave the company in the hands of someone you trust after you have worked and grown the business for 5 years to pursue your next venture and bring something else to the world is just how most entrepreneurs think!
ReplyDeleteHello Marcos,
ReplyDeleteIt is clear and creative exit strategy. I really enjoyed reading and impressed. It has some similar opinion with me. Also, you have a wonderful dream with you. I really respect with that. I really impressed that you want working and providing for the world. To focus and attitude to give a strong effort for your concept to succeed is also I respect. Thank you for share good thought and hope your dream will come true soon !
Marcos,
ReplyDeleteI really enjoyed your exit strategy. I also would hand over my concept expect I selling to the highest bidder. However, I think this is a logical choice especially when you want to develop more concepts. I think finding someone that shares your same passion for this concept would prove challenging. However, I wish you good luck.
Marcos,
ReplyDeleteGreat exit strategy. Unlike many students in this class I would want to hold onto my venture for as long as possible as I am a bit sentimental. However if offered the right price I would definitely consider selling my company. I also want my company to provide funds to accomplish bigger and better things. Great job and best of luck on your next endeavor.
Marcos
ReplyDeleteNice job this year on creating a great venture and presenting it in such a great way. It has been great to see how you developed your idea from the start. I think you will be very successful with this particular venture exit strategy, and finding the right buyer is definitely the most important aspect. I wish you the best of luck in the future!