If you have come to this stage it means you want to know what’s next after the company started to pay you back and revenue stream is nice too. Stay with us, it is the last article of this series you are reading.
For a founder of the company, this stage may tinge his/her heart a little. I mean starting a journey from Vision and talking about dreams and future and leaving a legacy behind all may sound like drifting away and losing something when we talk about an exit strategy for a startup.
The Exit Strategy is not something people gave thought to in the beginning but afterward practicality, and the business world demands to earn maximum profits from it. Investors are the main reason for it who want to have max profits from the investments they have made into your startup.
Exit-strategy is defining the outcome of your startup. And maybe selling it to start something new. The joy of starting something new is lasting than from just managing a company who has taken a steady shape.
Following are the ways to exit route to end this journey.
An important question: what’s the right time for applying exit-strategy?
There is no clear-cut answer to this question. It all depends upon your product, and market trends at that time.
You can stay as a founder of the company if you want to even after selling some shares of the startup for paying back to the investors and can take the company to a direction you may have envisioned originally in your dream for it.
Good Luck for future adventures!
I am talking
A rapid application development tool
World’s first smart wearable for cricket
Marking the New Era of Automation