Exit Strategy

Here's what you should do and write up for your post:

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?

Although I like this idea and think it would make going out a lot easier for a lot people, I do not think I can keep it going. This app has already been invented and the other companies have a huge head start on the market. I do not think I have the experience or the knowledge to catch up to these other apps.

2) Why have you selected this particular exit strategy?

I chose this options for reasons above and because I don't have the time to do this idea. I work two jobs and go to school, this idea needs someone who is invested and focused on this idea.

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?

Yes. I would have chosen a different answer had the people who came to class for FOMO came. I have the same product as them and after seeing where they are, I found it I am too far behind.