28a

Andrew Lanza
ENT3003
Prof. Pryor
12/1/17

Your Exit Strategy

1) With all of the success the secure carry cupholder has had, I have chosen to stay on as the owner and CEO. I do not know how long I will own the business, but as long as horizons look lucrative and we are in the green, then i'm staying. 

2) I want to do this because this product and this company are my baby. I have been with them since their conception, and they have made me a lot of money together. I feel that I am the most suited to run the company at this time as well, as the product is my own and I know the business and personnel better than any other owner or CEO could. 

3) Throughout the development of this concept, I have made decisions about the product based on how I felt at the time. Luckily, it panned out well, and its success has driven me to invest more thought into the company and the product itself. The success of the product, without a doubt, has led me to choose the exit strategy I have. I feel as if this product and I have a connection, and for now, nothing is going to tear me away from it. 

Comments

  1. UnknownDecember 3, 2017 at 5:25 PM

    I think it's good that you want to stay and run your company. Since you created it you will most certainly be the most informed of everything there is and be able to make the most informed decisions.

    ReplyDelete
  2. Ellliot LopatukhinDecember 3, 2017 at 10:55 PM

    I respect your decision to keep the business for yourself and continue to manage it. Creating a business from scratch and turning it into a successful enterprise is similar to raising a child and I believe it is rewarding to have a successful business and be able to think back to the early stages of development and the struggles that you once faced. I also agree that because you founded the business, you have a better understanding on how to run the business and ensure it stays profitable than anyone else. Great job on your blog post.

    ReplyDelete

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