Jeffrey's Exit Strategy
At the moment, in my business plan, there is no exit strategy.
Once I complete the full UF integration with my app and allow the
student-campus relationship to become as streamlined as possible, I plan on
moving to another university and doing the same thing. Each time I do this I
will become more efficient with it and do it with less expenses to myself
making the ventures even more lucrative. I want to give jobs to a lot of
college students while also making local businesses more money. In the end once
I have a plethora of schools integrated into the service I would look to sell
to a much larger company like Google or Microsoft and retire at the ripe age of
28. This exit strategy has only made me work harder and faster because I want
to retire with a lot of money early.
Hey Jeffrey,
ReplyDeleteI think that you have a good plan in place for where you want to go with your business venture. There are so many Universities just in the United States that would be able to use your product and I think the opportunity is huge for your app. It would be a lot easier as you said to add more universities to the app because the general framework is already established.
Hey Jeffrey,
ReplyDeleteRetirement is always a lovely thing to plan for.Maybe your company will become the next big thing like google and you could just appoint a new CEO. It's nice that you want to continue with your app idea after this semester ends. I think it could really go somewhere. I, however, am not continuing my project past this course.