·
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?
I plan to stay with this food delivery service as my side
business. Mainly, I want to work for international trading company. Since I speak
English and Japanese, I think I can make the trade very smooth. I want to keep
this food delivery service until I found a way to be successful, and I will
sell it to a company who hires students. Then, I want students to run this
service as a job or internship or just as an experience. I don’t think I am
going to pass it down to my children because I want my children to open their
way just by themselves.
·
Why have
you selected this particular exit strategy?
I
chose this because I am interested in many things and I want to try new things.
·
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?
Hey Kaito,
ReplyDeleteI feel the same way being an entrepreneur opens a lot of connections. I have developed a substantial base just from participating in our experiment. I feel like over the span of multiple years this base will only grow, and overtime will provide me with a great human capital "bank". I love the idea you came up with kaito and wish you the best man. I hope to have some of the food too!
Best,
Matt Nguyen