Eight years ago I was in Beijing sitting down with a friend who was a VP of a multi-national company. He had just reached a $1,000,000 and was asking me about my fledgling company. He then asked me a question no one had ever asked before, "So what's your exit strategy?" Exit strategy? I stammered, " I hope someone values it when I want to exit and can come up with the money to buy it." I realized, however, that I had no exit strategy I only had a "hope and a prayer." Hope and prayer are great but certainly are no strategy! This bothered me from time to time for the last eight years. It was only when I was introduced to Ambit that I got an "exit strategy." I now have a plan, am working that plan, and have a strategy for the next phase of my life. Thank you Ambit!
September 17, 2013