Do What You Love and You Need No Exit Strategy
Posted October 13, 2015on:
There are two reasons to have an exit strategy in business: 1. It is not working or 2. It is working, but you are going to retire.
Aside from preparing for retirement, planning an exit strategy is like predicting failure. This does not mean you should not be prepared for problems. In fact, you should plan to circumvent or handle difficulties effectively.
Businesses fail when there is inadequate planning or poor management, not because of outside threats.
If your work is a passion for you, if you love what you are doing, you do not need an exit strategy.
By accomplishing something meaningful and fulfilling, you feed your enthusiasm to keep going.