Comments on: What's your exit strategy?

By: What if you don’t want to exit? « How to Make 7 Million in 7 Years™

What if you don’t want to exit? « How to Make 7 Million in 7 Years™ — Mon, 06 Apr 2009 08:27:39 +0000

[...] Investing, millionaire, money, retirement, Rich, Saving, Starting Out, wealth I wrote a post about the real (nay, ONLY) succession plan for any small business: sell [...]

By: Stve

Stve — Wed, 01 Apr 2009 21:50:20 +0000

Cool. Not in a hurry. But if ya know anybody interested in helping me achieve my number, I have a business in mind(will need some seed money to get going) but amazing potential.

By: Adrian

Adrian — Wed, 01 Apr 2009 05:51:35 +0000

@ Steve – Great question, and one that I will deal specifically with in an upcoming post … don’t do anything rash until you read it

By: Steve

Steve — Wed, 01 Apr 2009 02:50:22 +0000

Nice Post
But Question. What if you don’t plan to leave? I mean, Maybe the plan is to run it till you can’t any longer, then the wife runs it till she is ready to sell, or pass to the kids(if they are even interested in that type business).
My idea is to find Businesses that provide (mostly Passive income) where you don’t need to spend much time at the shop daily. Where your biggest job is probably gonna entail paperwork.