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Sunday, October 6, 2013

Commitment Strategy, not an exit strategy

Everyone is looking to stat next company that will be bought out by the Corporate America.  Truth is, those situations are few and far between.  The odds of starting the next Instagram are slim enough, lets add on being bought out for $1billion...not likely.

"You need a commitment strategy, not an exit strategy"

Build yourself a company that you can live and manage for the long hall.  Give it all you've got- Not "just enough" to sell to the next schmuck.

"Would you go into a relationship planning the breakup? Would you write the prenup on the first date? Would you meet with the divorce lawyer on the morning of your wedding?" -REWORK
Unless you have some serious issues, the answer is no.

Focus on building a company that is successful, sustainable and competitive.  That is your best way for someone approach you for a buy out.  The real question is- will you be smart enough to sell when the time is right?


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