Whats your exit strategy? - GoFuckYourself.com

chowda · 05-27-2004, 03:57 PM

i posted on another board, but whats are ur thoughts?

Quote:

with some sudden hint of luck, ive met ppl that can further my goals to make money online..

question for everyone.. how would u like to end in this biz?
do u have an exit strategy? after writing up soo many business plans, i have gotten use to thinking something like this.

do u think realistically u can be the next hun or greenguy?
do u think ur sites will ever match the popular bangbros sites?

this post was not meant to deter anyone, but to make u think what futures u would have continuing what you do.

for me, i want to make as much as i can and invest it into RE and other more solid investments. maybe on the side have some sort of site that i can build recurring income on.

thoughts?

TweetyBird · 05-27-2004, 03:58 PM

interesting.... I'll think about it

EviLGuY · 05-27-2004, 04:38 PM

I've been putting away over 50% of my income every year for the past 6 years.. 5-6 more and I should have enough to retire for good.

I probably wouldn't.. but it'd be nice to be able to do all this for fun.

Basic_man · 05-27-2004, 04:40 PM

Quote:

Originally posted by TweetyBird
interesting.... I'll think about it

You are too fuckin' young to retire anyway

garett · 05-27-2004, 04:41 PM

Many believe that the only reason to start a business is to sell it.

Even if you could be the next hun, would you want to be ? Forever ? Of course you could make some serious bank for a few months, years whatever .. but eventually I'd cash in.

Anyone who starts a business should have an end goal in mind. Business is all about setting goals. Once you acheive that goal the only logical progression is to cash in.. or hand it over to an heir (son/daughter, niece/nephew etc.) if you really want to keep it close.

RicardoB · 05-27-2004, 04:46 PM

Retire? pfff that's for pussies.

When I die they will be prying the mouse frommy dead hands

chowda · 05-27-2004, 10:48 PM

anyone else?

Illicit · 05-27-2004, 10:50 PM

Im looking at the Real Estate route... Once I get enough, sell off whats left, and live of the rents. Preferably on a beach

StRoGE · 05-27-2004, 10:57 PM

Quote:

Originally posted by ajpiii
Im looking at the Real Estate route... Once I get enough, sell off whats left, and live of the rents. Preferably on a beach

Sounds like a good idea to me. Im not a big enough player quite yet though.

Mr. Marks · 05-27-2004, 10:57 PM

I have never thought about it before. I'm still enjoying my life as it is.

clickhappy · 05-27-2004, 10:59 PM

Quote:

Originally posted by chowda
for me, i want to make as much as i can and invest it into RE and other more solid investments.

Same.

For me I have thie strange fantasy of owning coffee shops and fast food places.
Often when I drive through an intersection I think "This would be a great spot to put a KFC". I'm just saving up for it.

stev0 · 05-27-2004, 11:00 PM

sounds like a good plan chowda... i dont think this industry is going anywhere, there will always be room for the little guys.

But solid offline investments are good to have...

dropped9 · 05-27-2004, 11:01 PM

Crash and burn baby.

Bigfuck · 05-27-2004, 11:03 PM

Quote:

Originally posted by ajpiii
Im looking at the Real Estate route... Once I get enough, sell off whats left, and live of the rents. Preferably on a beach

good plan

Illicit · 05-27-2004, 11:04 PM

Quote:

Originally posted by clickhappy
Same.

For me I have thie strange fantasy of owning coffee shops and fast food places.
Often when I drive through an intersection I think "This would be a great spot to put a KFC". I'm just saving up for it.

Doesnt it cost like $1 Million to open one of those franchises ?

Manowar · 05-27-2004, 11:05 PM

Quote:

Originally posted by ajpiii
Doesnt it cost like $1 Million to open one of those franchises ?

i dont think KFC would charge someone 1 mill to run their logos, that would be bad business practices

clickhappy · 05-27-2004, 11:09 PM

Quote:

Originally posted by ajpiii
Doesnt it cost like $1 Million to open one of those franchises ?

yeah

http://www.entrepreneur.com/franzone...?section=costs
I like Dunkin' Donuts too

heres a great list for anyone thinking of buying a franchise
http://www.entrepreneur.com/franzone...,5831,,00.html

If I go into business I think it's better to just buy a franchise instead of trying to reinvent the wheel myself and taking forever to grow.

pure energy · 05-27-2004, 11:14 PM

Real estate sounds like a good plan. I can also try to open up a small biz on my own, I just don't know what as of now.

05-27-2004, 03:58 PM	#2
TweetyBird Confirmed User Join Date: Feb 2004 Location: Canadian this !!! Posts: 8,532	interesting.... I'll think about it __________________ sig for sale. ICQ :338213644

05-27-2004, 04:41 PM	#5
garett Confirmed User Join Date: Mar 2004 Posts: 683	Many believe that the only reason to start a business is to sell it. Even if you could be the next hun, would you want to be ? Forever ? Of course you could make some serious bank for a few months, years whatever .. but eventually I'd cash in. Anyone who starts a business should have an end goal in mind. Business is all about setting goals. Once you acheive that goal the only logical progression is to cash in.. or hand it over to an heir (son/daughter, niece/nephew etc.) if you really want to keep it close. __________________

05-27-2004, 04:46 PM	#6
RicardoB Confirmed User Join Date: Jan 2004 Posts: 2,576	Retire? pfff that's for pussies. When I die they will be prying the mouse frommy dead hands __________________ Let Me Show Ya How I Really Feel Ricardo's Rants

05-27-2004, 10:48 PM	#7
chowda Confirmed User Join Date: Jun 2003 Location: Gooch city Posts: 9,527	anyone else? __________________ Someone finds you... 2007 PS: Nationalnet is the best host I've ever had. And i tried alot of them.

05-27-2004, 10:50 PM	#8
Illicit wtf ? Join Date: Dec 2003 Location: GFY Posts: 11,895	Im looking at the Real Estate route... Once I get enough, sell off whats left, and live of the rents. Preferably on a beach __________________ Insert Sig Here

05-27-2004, 04:38 PM	#3
EviLGuY So Fucking Banned Join Date: Apr 2003 Location: malta Posts: 12,745	I've been putting away over 50% of my income every year for the past 6 years.. 5-6 more and I should have enough to retire for good. I probably wouldn't.. but it'd be nice to be able to do all this for fun.

05-27-2004, 10:57 PM	#10
Mr. Marks Confirmed User Join Date: Jun 2001 Location: Wherever I want Posts: 7,517	I have never thought about it before. I'm still enjoying my life as it is.

05-27-2004, 11:00 PM	#12
stev0 Confirmed User Join Date: Aug 2003 Location: Calgary, Alberta Posts: 6,801	sounds like a good plan chowda... i dont think this industry is going anywhere, there will always be room for the little guys. But solid offline investments are good to have...

05-27-2004, 11:01 PM	#13
dropped9 Registered User Industry Role: Join Date: Jan 2001 Location: Your moms box Posts: 26,727	Crash and burn baby.

05-27-2004, 11:14 PM	#18
pure energy Confirmed User Join Date: Apr 2004 Posts: 4,274	Real estate sounds like a good plan. I can also try to open up a small biz on my own, I just don't know what as of now. __________________ Click Here to get $42 a sale AND Get FREE MGP Coaching from WebmasterLabor.Com Sign up above then EMAIL info (( at )) webmasterlabor DOT com for your free 1 to 1 MGP coaching