Monday, July 7

Tag: exit strategy

15 Success Ingredients For Emerging Entrepreneurs
Entrepreneur

15 Success Ingredients For Emerging Entrepreneurs

"Your time is limited, so don't waste it living someone else's life. Don't be trapped by dogma – which is living with the results of other people's thinking. Don't let the noise of other's opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary!" – Steve JobsHaving started, run and lead various companies as an entrepreneur since I was 15 years old, I have learned many things about being an entrepreneur; often the hard way…. Some of my own business ventures were very successful, some unsuccessful, and one even resulted in my personal bankruptcy (at the age of 21), however all of them made me very rich and happy! They made me rich and happy in en...
How To Determine The Right Exit Strategy For Your Startup
Grow Your Business

How To Determine The Right Exit Strategy For Your Startup

No startup founder starts with the intention of selling their company. However, many startups end up being sold for a profit because of an exit strategy gone wrong. The startup founders are left wondering if they could have avoided it or how they can make more money on the sale. This is why you should determine your startup's exit strategy before you start!Brainstorm a list of the reasons why you are considering an exit strategyFirst off, you need to brainstorm a list of reasons why you are considering an exit strategy in order to determine the right exit strategy for a startup.  For example, let's say that one reason is that you want your startup to be acquired by another business and become part of its team rather than going it alone. This might seem like a good idea at firs...
Infographic

Picking the best business exit strategy for a stress-free future

Are you considering a business exit strategy? Perhaps your thoughts have already turned to a stress-free, work-free future; one that provides security for you and your family. Maybe you’re longing for more time in the sun or to indulge in the finer things in life? After working hard to build a successful business, you’ve more than earned it! If you're thinking this way, there are plenty of business exit strategy options to consider. But before those dreams can become a reality, some serious thought must be given to the best choice for your own needs.Your ideal business exit strategy will depend on many things. For example, how quickly you’d like to exit the business and if you wish to get full market value. Some owners may want a regular income but are unsure if that’s possible without...