Thursday, July 30, 2020
28A - Your Exit Strategy
For my exit strategy, I have determined that I will stay with the venture until I retire, but with a twist. I am certain that this venture will not be my only venture so I will have people responsible for the day to day operations of the company but executive decisions and company goals would be something overseen by me. I would want to split my time between my ventures similar to Elon Musk does with Tesla, SpaceX, The Boring Company, etc. I chose this strategy because I think that this venture will be profitable for a long time and eventually could become a household name that is associated with Netflix and Hulu.
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Hi Jorge, I think its awesome that you want to stick with your venture until you retire, that shows true dedication. Overtime, opening new ventures would be a great idea because it would allow you to diversify yourself and keep yourself interested since you'll have different things to work on. You could use the money from this first venture to invest in new ideas and opportunities.
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