My Exit Strategy

1. My Exit Strategy: Once I find that the venture has become sustainable, and feel that the leadership could keep it successful I would try selling it. If that isn't likely I would keep my stake in the company and move on to other ideas I want to implement.

2. Why: Doing this allows me to try to improve the world in different ways. The thing about entrepreneurship that really excites me is solving problems. If one venture is in a niche, where it doesn't make since for it to try certain things, and endanger itself, it makes since for a new company to be formed in my opinion. I would have some start up capital, contacts,and experience that would starting new business easier and more likely to succeed.

3. How has this influenced the idea: It has made me want to keep the venture concept fairly niche. This way I can focus on one thing at a time, and not cause competition between business I create. After that, I feel most the decisions have been based on making the original idea successful, not really setting myself up for other enterprises.