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28A




·        I do not plan to run my business and attend an office job every day. I wouldn’t necessarily want to sell my business though. Ideally I would like to build it to the point where I could hire people to manage and run the business while I profit from the returns and can have the freedom to do what I want without the stress of the business stress. Not selling it means that I can profit of the sales for as long as the company is in business not just the price which I sell it for.

·        I selected this because I have never been the type of person who likes to work. I want to live free of any stress and responsibilities and have the freedom to travel when I want and raise my children as an involved parent. This business is not something I want to keep in my family for years, but rather have as a form of passive income to support my family with.

·        I don’t really think that this exit strategy drove any decisions for my business, other than my idea for its organizational culture. I wanted to ensure that everything could be done without my input and that there were quality managers and administrators in place. This was to provide the guidance and leadership that the staff would need even though the founder and owner of the company was absent.

Comments

  1. Samuel AckenineApril 20, 2020 at 3:32 AM

    Hey Jordan,

    I believe that your approach to running a business is a great one, especially when it comes to using it as a source of passive income while you focus on a job that really draws out your passion. I would also have to say that I definitely also have a feel for your vision about living a stress-free life, unrestricted by work and free to do anything I desire. Good work overall!

    Samuel Ackenine

    ReplyDelete

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