Friday, April 20, 2018

28A- Your Exit Strategy

My exit strategy is simple. I would sell my business down the line and hopefully make a decent return, and go off and do whatever I want to do in my life. I wouldn’t want to be held down by something like this, which would inhibit me from doing anything that I really want to do.

I have selected this because, while I am incredibly passionate about music, it is not something that I expect to do with my life. I intend to actually go out in the world and explore nature and deal with animals, helping them as mankind continues driving the Earth into the ground. This is where I truly want to make a difference, and I feel like sticking to a computer program like this would not allow me to help in the areas that I truly want to.


Having this exit strategy has definitely influenced my decisions in this project. I was probably not as serious about everything as I should have been, as I knew the whole time that this wasn’t something I would want to stick to long-term. I’ve helped people with music before, and while I’ve always enjoyed it, I don’t feel like my ideas are the most extraordinary or necessarily helpful. 

1 comment:

  1. Hey Danny! I chose the same exit strategy and I felt the exact same way about my innovation idea. I also feel like I wouldn't want to be held down by the idea and have to commit time and energy into getting the idea on its feet and then running it too. I'd rather sell my idea and let someone else do the leg work. I relate to you saying that while you are passionate about music, it isn't the main thing you want to pursue in life. My innovation idea is related to vegetarianism, and while I'm passionate about being a vegetarian and wanting more options for vegetarians and vegans, I also wouldn't want that to be my main passion project. I'd rather do something directly involved in sustainability and architecture/design. I can see why knowing your exit strategy would influence your assignments and your approach to this idea. I did the same thing as you I think, where I wasn't as realistic about the idea since I knew if I pursued it I would just sell the idea to someone else anyway.

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