Tuesday, November 19, 2019
Your Exit Strategy 28 A
1. For Waste to Grace, my business venture, I would like to stay apart of the venture and grow it into a well-known nonprofit organization. The main reason I would like to remain a part of it and not step down from the organization is because this is a venture that would be worthwhile and make a difference. I would like to grow the venture into an organization that helps millions of people and hundreds of organizations receive the goods that they need. This would be something that I would like to pass on to my family and let them be involved in a capacity that grows the brand and lets them be involved with helping others directly.
2. The main reason that I have selected this strategy is that I want to be a part of something that makes a difference and work in a field that makes you feel fulfilled. I would not want to sell the organization or move onto something else because ultimately the whole point of me starting the organization would be to help others and that is my passion. I want to be a part of something that is bigger than just a normal day job and I think Waste to Grace would supply this opportunity. Therefore, remaining in the business makes the most sense as my strategy.
3. My exit strategy for wanting to remain involved has most certainly influenced by decision making in developing the concept. I want to be able to be a part of an organization to make a difference and something that cam be self-sustaining, so that is why I developed the concept of Waste to Grace. I wanted to create an opportunity to work in something that is fulfilling, and I think this organization would provide that opportunity. I would want to grow the business moderately and without incurring massive amounts of unnecessary debt so that we can develop a sustainable company. Overall, my desire to be a part of an organization that makes a difference has greatly influenced my decision making and my strategy to remain a part of the organization.
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Hey Bryce!
ReplyDeleteI've been following your posts regarding Waste to Grace for quite some time now, and I'm glad to hear that your exit strategy is to stick with it and grow with your idea. It's easy to see that this is something that you care about and are passionate about, which is so important for entrepreneurs and their businesses. The more you put into it, the more you'll get out of it.