1. I think that for my venture I plan on selling it if the opportunity arises. I think that personally I can only accomplish so much as a start-up company, and for my vision to be realized I may need to hand the project off to others who are more capable. I think this would allow me to pursue other ventures and hopefully find something that I can truly accomplish fully.
2. I selected this exit strategy, because there are already established tech giants in the business. They have more resources and more man power to fully develop apps like these. They can truly make my idea worth something to millions of people, not just one community
3. I would say it definitely influenced my growth intentions. I did not want this project to become huge, just big enough to where I can see it passed on to someone else. I think It might of influenced some opportunities, as I was not looking to acquire many resources in order to make the venture a national or international brand.
Hello Manuel,
ReplyDeleteI found your exit strategy for five years into the future to be extremely interesting. I think it is very humble and wise of you to be able to realize that you may need to put your project into the hands of others. It is awesome to have the ability to recognize when something may be too much for you to handle on your own.