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Whats your exit strategy?
i posted on another board, but whats are ur thoughts?
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interesting.... I'll think about it
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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. |
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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. |
Retire? pfff that's for pussies.
When I die they will be prying the mouse frommy dead hands :) |
anyone else?
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Im looking at the Real Estate route... Once I get enough, sell off whats left, and live of the rents. Preferably on a beach
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I have never thought about it before. I'm still enjoying my life as it is. :)
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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. |
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... |
Crash and burn baby.
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Doesnt it cost like $1 Million to open one of those franchises ? |
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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. |
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.
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