Tuesday, April 5, 2016

My Exit Strategy

Throughout this whole course I've always thought of my business idea as something that I would work on for a few years and then move on to bigger things. I don't wish to work with food for the rest of my life, so I definitely wouldn't want to make this business my life's work. Ideally, I would get bought out by a bigger company and make some money to start my next venture.

The reason I would love to see it go down this way is, as I mentioned before,  food is not my passion. I just see this as a viable business plan that came to my mind during my time in college.

I don't really think it has affected my decisions and plans so far. Anything that I would invest that much time into I'm going to try to make it as great as possible, regardless whether I plan on leaving it in the future. If anything, I would try to make it very appealing to potential buyers.



^^ because there's nothing better than Sam L. Jackson in Pulp Fiction

3 comments:

  1. Hi Gabriel,
    I absolutely love to cook and I could see myself one day owning a restaurant, very casual on the beach, and living out my years cooking every now and then. I think that most privately owned stores end up getting turned into a chain and become generic but the best places to eat are always the original restaurant that were started just based on some old family recipes. If you want to check out my exit strategy, the link is attached below.
    http://amshiremanblog.blogspot.com/2016/04/my-exit-strategy.html

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  2. Hey Gabriel! I appreciate your honesty and the fact that you know what you like and don't like so you know what you want to do with your life. If this business venture isn't it that is totally okay. Selling it to a larger corporation that can run it just as well is the best option. As long as you stay responsible for making sure your venture grows and brings in revenue that is all that matters. If you want to check out my exit strategy you can at this link:
    http://rmathisonent3003.blogspot.com/2016/04/my-exit-strategy.html

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  3. Hi Gabriel, Like you the business opened in this class has nothing to do with what i aspire to be. I am planning on selling my business as well, and with the money that you make off selling your business to a bigger company, you can pay for your future plans and aspirations, such as paying for graduate school or buy a house or apartment. Good luck with your finals and the rest of your semester!
    http://ariannaschmid.blogspot.com/2016/04/my-exit-strategy.html

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