Thursday, November 21, 2019

28A – Your 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?

· In the next several decades I would like to stay with my business and make it grow by opening new facilities in different cities and regions where accessible healthcare is needed.

2) Why have you selected this particular exit strategy?

· The main reason that I would like to stay with my business and expand is because not many people see healthcare as a human right or necessity. they see it as a gateway to make money and business model to exploit only for profit. Unfortunately, I have meet people who are going through medical school with the vision only to become wealthy and have a good social status.

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?

· My exist strategy has definitely influenced my decisions for my business idea. The main reason is because in the United States, there still millions of people without getting proper healthcare. According to statistics, people of low incomes prefer not to go see a physician for the simple reason that they cannot pay for it, even when they have insurance. My plan to grow in the future is influence by need of people who cannot access medical services.

2 comments:

  1. Hey Herzen! Your company sounds like a great one to expand. I can tell you are passionate about your company and your service, which is super important in the long run. You have the right mindset and outlook on what you want to do. It would be awesome for this business venture to become a reality. Great job putting it all together!

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  2. Hey Herzen!
    I think your company is such a great idea and I am so glad you plan on pursuing it! Human healthcare I believe is a human right, and I am glad you as well see it as such. The opportunity to change the entire healthcare market could be amazing to witness. I wish you the best of luck in the future and I am sure it is going to go great.
    Great post!

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