EXIT is not a four letter word
Adam Wiskind argues at Triple Pundit that having an exit plan is not “selling out”, it’s not antithetical to the mission. In fact, it should be part of the mission all along. Fears of predatory acquisitive companies seeking to take the business over and asset strip it … are far from the norm.
An exit strategy is a contingency plan that is executed by an investor or business owner to liquidate interest in a company once certain predetermined criteria have been met or exceeded. It may be executed for the purpose of divesting from a non-performing investment or closing a business that is not generating sufficient returns. In this case, the purpose of the exit is to limit losses.
An exit may also be executed when an investment or business venture has met its profit (or impact) objective and for various reasons financial or otherwise the investors or entrepreneur no longer chooses to participate in the venture… read more.