My exit strategy at the end of my venture would be to sell the business to the grocery company I work with or to sell it to local entrepreneurs who have held other successful businesses in Gainesville, like StudyEdge. I chose this because I do not think this is the type of thing I want to be involved with in the long run and also because I will not be a student here anymore. This has influenced my idea because it makes me cater to students specifically throughout the development of my venture.
Hi Steve,
ReplyDeleteI read some of your other posts and it sounds like you want to start a grocery delivery service for UF students. I am interested on how you are or if you've taken any steps to make this happen. You sound very confident in your sales skills and are going to rely on that. I think if this business is not something you don't see doing in the long run then try to focus your energy on something else. I hope you find your passion. If you have the chance check out my blog.
http://oliverbranchus.blogspot.com/2016/04/my-exit-strategy.html
I don't have much to say, especially after looking at Chris' comment. However, I think that ideas like yours do have a lot of potential. I really wouldn't be surprised if at least one of the grocery delivery service companies I have read about this semester (through this class) becomes a reality if the right person pursues it. Check out my strategy here http://intro2ent.blogspot.com/2016/04/my-exit-strategy.html
ReplyDeleteHey Steve,
ReplyDeleteI like your exit strategy of selling you venture off to a grocery company! Your idea of delivery grocery service is great so selling it to a bigger company to help take it off seems like the logical choice. Good luck with your venture and check out my strategy herehttp://bstestblogpost.blogspot.com/2016/04/exit-strategy-week-3.html