Browsing Tag

exit strategy

13 posts
exit strategy
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Want a Multimillion-Dollar Exit? Consider These Tips

It’s no surprise that business owners are continuously looking for ways to achieve their aspirations by setting key goals they want to accomplish over the next five, to 10 years and beyond. And for some entrepreneurs, their goal is not just to grow and scale to six or seven figures but to ultimately prepare their...
exit right
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Have a Startup? Make Sure You’re On the Right Fundraising Path

The following is adapted from "Exit Right: How to Sell Your Startup, Maximize Your Return and Build Your Legacy" by Mark Achler and Mert Iseri. Most of us know Travis Kalanick from his meteoric rise as the CEO of Uber, and his ultimate fall from grace. What most don’t talk about is his obsessive focus...
grit.png
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Why Grit is Essential to Your Success as an Entrepreneur

For entrepreneurs building a business, the initial startup stage is an exhilarating time: you’re energized by your idea and engrossed in building the business. It feels like it’ll always be fun. The hard truth is that in building any business, there are peaks and valleys. When you hit a valley, it can be difficult to...
entrepreneurship questions to ask
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7 Questions to Ask Yourself Before Taking the Leap into Entrepreneurship

The growth of social media, the internet and the freelance economy has created a wave of excitement around entrepreneurship. More people are becoming entrepreneurs due to the unpredictable job market and the fact that technology has made it easier and more accessible to a larger group of people. There are a countless number of books,...
buying a business
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4 Important Questions to Ask When Buying a Business Right Now

The market looks vastly different than it did a year ago, which means new opportunities — for better or worse. As businesses reopen, they offer clues to which industries proved to be pandemic-proof, meaning they were hit hard but show strong promise of recovery, and which ones appear gone forever. If you were already researching...
exit strategy
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This Angel Investor Shares Why You Need an Exit Strategy from the Start

For founders and entrepreneurs building up their business, the initial startup stage typically focuses on the product, technology or service offering. You’re energized by your idea and engrossed in building the best business concepts possible. While all of this is vital to your business and essential to the success of your company, it’s also critical...
exit
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Tackling What’s Next: Are You Ready to Exit Your Business?

Exit strategy. A noun that could become a verb and conjures up both excitement and paralysis for entrepreneurs. Developing potential exit strategies can generate swells of pride if your business has achievements that allow you to craft a desirable list: impact, scale, leadership, growth, profitability, stability and value. The exercise also produces fear that you may never be able...
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Exit Strategy: To Sell or not to Sell? A Guide to Exiting Gracefully

What's Your Exit Strategy? If you’re a startup founder, your business is your baby. You spend years investing in it, nurturing it, carefully selecting its caretakers, and working endlessly to make sure it thrives. But, at some point it grows up and needs independence in order to get to the next level. Of course, the...
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Exit Strategy: How to Choose Yours

Startup Proposals: Choosing Your Exit Strategy Your startup proposal will probably be the most important document you ever put together. During this crucial development phase, it can be easy to become preoccupied with the beginnings of things and lose a sense of the end goal - but including an exit strategy in your initial proposal...
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Does your business plan include an exit strategy?

I was reading an article on WashingtonPost.com about how social search startups have sprung up to fill in the gaps that the larger search engines like Google and Yahoo! have left open. It's an interesting read and made me think of how important it is for any business, whether you're internet based or home based...
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Preparing for the worst

Sometimes reality smacks you pretty hard in the face. As I prepared for vacation, I got smacked but good. There was a tragic car accident and my nephew was killed instantly. In a daze, I rearranged my travel plans and headed home to be with my family. After four days, I caught a couple of...