Assignment 28A - Your Exit Strategy

I plan to sell my business within 5-7 years after its inception.

I chose this exit strategy because it makes the most sense based on my interest in the venture and my ideas for any successive ventures. A major reason why I even had the idea to start the business was because I wanted to raise awareness on the issue of low-quality soccer clubs in lower-income neighborhoods. If I can get some sort of organizational structure behind them to help with the process of gaining sponsors, then I don't see why I can't sell the business so that someone more experienced can carry it forward while I pursue other opportunities.

I never realized it, but I feel like I always had this exit strategy in mind. I say this because I have treated most of the assignments and my business as a start-up. Which means that the moment it goes beyond that is the moment which I will probably sell it. I have identified that moment to be within 5-7 years, when it will be large in scale and classified as an actual business.