28A - My Exit Strategy
All good things truly come to an end. 1. I intend to sell my business once I have get an offer that I cannot refuse, assuming the business takes off and is reasonably successful. 2. I choose this particular strategy because in my eyes, I want to sell while I know I can make a good return on the business, as any number of market factors can change at any given point, potentially leading to a decrease in what I earn as profit. I want to make sure I will have money to live off of and not take risks, therefore selling while I am guaranteed a decent sum. 3. It has somewhat affected the other decisions I’ve made, as I’ve deliberately tried to avoid risk and operate this business with as little initial investment as possible, instead opting for a somewhat slow launch with gradual expanding in order to ensure I don’t expand beyond my means. I want to grow my business, however, I want to do so without risking too much as I don’t have the financial means...
Hey Nick, nice job with your pitch. The explanation was pretty good, and the idea itself, as I’ve said before, sounds like it would be a hit. I still have one concern about your service, though. There are other services that already do something like this, Blue Apron being the most popular one, so consumers in your market might want to know why they should choose your service over so many others. Other than that, nice job! Love the blog re-design btw.
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