All good things come to an end. Eventually, the entrepreneur exists the venture she or he created. Although exit comes at the end of the entrepreneurship process, its implications can be seen throughout. Exit can influence how you identify opportunities, develop products or services, and manage and grow the firm. In this exercise, I would like you to reflect on your own exit strategy.

Here's what you should do and write up for your post:

1) Identify the exit strategy you plan to make. Do you intend to sell your business in the next 5 years for a large return? Do you intend to stay with the business for several decades and retire? Do you intend to protect the venture as a family business, and pass it down to your children?

The exit strategy for the company is to “HODL” (Hold On for Dear Life) the company for the long term. Blockchain technology is going to take multiple years until it starts to take off. I believe having a real estate sales company on the blockchain will change the future for years to come. I would keep in the family for decades to come. I believe this company will help myself and my family to retire.

2) Why have you selected this particular exit strategy?

The reason I decided to wait long term is because blockchain is such a new technology. We will not see this technology take off for at least 5-10 years. That is why I am investing in the technology now.

3) How do you think your exit strategy has influenced the other decisions you've made in your concept? For instance, has it influenced how you have identified an opportunity? Has it influenced your growth intentions or how you plan to acquire and use resources?

I think someone that believes in his or her company will hold it for the long term. I am also a business student and understand that I never want to be holding the bag, or a losing company. I think companies with a long-term view tend to perform better and accomplish much-needed goals!

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