Assignment 28A- Your Exit Strategy

1. My exit strategy would be to build the business up from Gainesville first, then move from college city to city and try to keep building the business up. I would try to create a large corporation that runs rentals for college students. After that point, I would most likely retire and pass down the business to someone in my family.

2. I chose this exit strategy because it requires the longest time, but has the greatest reward. If something works in Gainesville, I want to replicate that in other cities and expand my existing business. I am the type of person where I like to obsess over things and do as much of it as I can. Just doing this project and selling it in 5 years when it is somewhat popular is not what I am here to do. Also, I like the idea of working on something that is my own, reaping all of the rewards. I do not want to work for someone else's business and make them rich.

3. It definitely has implications on the decisions the firm makes. My business decisions revolve around patience and reputation. Since I am here for the long-game, I need to be swift and aggressive while also knowing that I have all the time in the world to work and get better. It is that yin and yang which is so important in business.