28A – Your Exit Strategy

1)

     My exit strategy five year in the future would be mostly likely to keep a large share of the company and pass the leadership position to a trustworthy successor that I have personally either train or have work with during those five year.

2)

     I will pick this strategy because I felt that this market of productivity app for online university class start having limited growth over the years. Do to be an offshoot of bigger market attempt to expand would put into much harsher competition, if were to make directive app. An if I add feature to help user for example with fitness it will cause more confusion and not attract new customer. As people would prefer to keep the app for doing online class and for experience separate to prevent an information overlord. At such while it will keep a loyal customer base, to move onto bigger thing I would need to put my attention elsewhere. At such leaving direct leadership, while retaining some influence in the company is best of both worlds. As could keep it as a steady stream of revenue while allowing me to focus my attention on a new venture. Given mixed that is almost the best of both worlds, by providing both opportunity and stability to me.

3)

     This exit strategy made realize while a lot of major corporation like google, apple, sony and amazon invest in so many unrelated ventures. As all marketplace has limited when it come to growth and expanding their business. This exit strategy made realize have stability can led to stagnation, if one put all their egg in one basket. This exist strategy would also through stock allowed to me generate revenue that would help lessen the amount of investment money needy to be gathered to start a new venture. So, it made realize if I wish to perform multiple venture that thing become easier, as even if tool of previous venture would serve not used if one move something like software much for making movie. The capital provide from previous venture would allow you to invest on yourself with a decent amount of money making it easier to reach funding goal, along with providing more control in your entrepreneur venture due to major investor in your own idea.