Thursday, April 16, 2020

Your Exit Strategy

While the prospect of owning this business is one that excites me, I do not want to hold onto it for very long. I understand that once I am not a college student then I will lose my biggest asset I have going into it. I will no longer be able to see my product on both ends, as a tool and business.  Once I am no longer a student, I will want my product to still be impactful to the next generation of students. For me, the best way out would be to either sell the program to another student or group of students who hold similar values and would want to continue to improve upon my program or I would simply make my program free across the board, I would upload all of my codes online for others to try and replicate my program so they could alter the program in the way that they would need, and others could use my version at no cost to themselves. This exit strategy is really how I want to be remembered through this program, I want to be able to provide a resource that I did not have that I wish I did and I want it to be the best possible.

1 comment:

  1. Ethan,
    I agree with your choice for a business exit strategy so much so that it is also my own exit strategy. I would rather leave this business for the next generation so that I can be uninvolved, but still see it running. Also, it is very admirable of you to want to choose good recipients of your business or just simply make it a free asset to all.
    Excellent job and perspective.
    Respectfully, Maeghan Solanki

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