My Exit Strategy

1) Going forward, I would hope to grow my business venture large enough so that I can stay with the business for several years and then retire. This would require sustainable growth and a stream of income that is sizable enough for my desired retirement plan. 

2) I have chosen this particular exit strategy because I personally am one to develop sentiment and attachment towards something I really care about. So, unless the offer is utterly irresistible, my main prerogative would not be to sell the business. I would continue my venture with the expectation that I can grow and enhance it under my guidance and supervision. However, with that said, I would not intend to protect the family venture as a family business and pass it down to my children. I would not do so because I am also a strong believer in the idea that everyone has their own passions and desires. Thus, I would never want to force my children to continue a passion that was mine. If my children happen to say that they want to continue my venture on the basis of their own will, that is a different story (but I do not intent nor expect my children to continue this business). 

3) I have always had a desire to establish a business with longevity in mind. This exit strategy has definitely influenced other decisions I have made in developing my business concept. For example, understanding that the roofing industry has grown 2.7% per year on average in the United States between 2015 and 2020, I strategically chose to enter an industry that has growth potential far into the future. With this in mind, I also purposefully stated that I would want to expand my product line to provide other equipment and materials to roofers as a growth strategy going forward.