What’s your exit strategy?
When I first began my business, I just focused on staying afloat and (barely) making my bills.
For me, that first period of going solo was all about sheer survival!
I needed to put my nose to the grindstone and just focus on that particular day, and then the next, and then the next.
If that’s what you’re doing, brilliant!
Don’t stay there forever, like the woman whose story I talk about in this week’s video:
Sadly, she kept focused on the day-to-day, every day for her entire career.
This mistake, as you’ll see, was very costly for her down the line.
Hey, I get it. You might still be in the first few years of business, maybe you only have one employee, maybe you have none…
…but it’s never too soon to start thinking about your exit strategy.
Yes, even NOW.
You know, if you’re strategic and you plan now, perhaps you could retire with millions. 😉
And the best thing is that being strategic about this now can actually help you grow your business now, so it’s a win-win.
If you don’t have a plan now for how you’ll exit your business down the line, and start to put some measures in place even now, you might just lose it all one day.
This new kind of thinking requires a shift in mindset.
Watch my new 4-minute video to learn why it’s important to start thinking now about your business in a really long-term way.
And so, this week, I want to make sure to ask you this:
What’s your long term exit strategy for your business? If you don’t have one yet, would it be beneficial for you to start thinking about that now? Why?
Let me know your thoughts in the comments. I want to read about how this gets you thinking and support you in making those shifts now, OK?
Until next time!
Sending you big hugs,