28. My Exit Strategy

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?

I intend to sell my business in the next 5 years (undecided) for a large return.

2) Why have you selected this particular exit strategy?

I believe that there is great promise in this industry of golf related entertainment, but it is extremely hard to maintain strong competition in a market that is actively thriving. Instead, there will be lower barriers of entry as time goes on, and thus a lower value in the long term.

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?

It had not made much influence in the other decisions that I've made in my concept. I still believe that I would do my best no matter at which point of time I am in with my business, and thus will not influence my growth intentions or how I plan to acquire and use resources.