Your Exit Strategy

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28A
I think I plan to stay with my business until I am either comfortable financially, or ready to retire, whichever one comes first. I have selected this exit strategy because my grandparents are entrepreneurs and I am following in their footsteps. My grandparents own a chain of condos. They ran it until they were ready to retire, and they have made it into a family business because now my aunts and uncles run it and it will go to my cousins and I one day. I think this exit strategy has influenced the other decisions I have made by leading me to another contact in this industry, I know my grandparents work with a laundry company to get discounts on their bulk purchases for the condos and houses they rent out. This exit strategy has helped me realize and remember their connections that I can use as another opportunity.

Comments

  1. Ethan ENT 3003April 16, 2020 at 4:37 PM

    Hey Deborah,
    Hearing about how your family has been involved in entrepreneurship and their influence on you, makes me feel like you know what you are doing, and even in the moments where you could get lost you have access to the resources that can help you succeed. Using your family connections to reach your goals and give back to the ones who have helped you and your family has a tone of community that I enjoy.

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  2. Christopher ZislinApril 20, 2020 at 9:38 AM

    Hey Deborah,
    In the world of entrepreneurship, connections, advice, and leadership are three of the most important things. Like the saying goes, "It's not what you know it's who you know." Like you, I also have experienced family members who have run their own company and have built up their own clientele.

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