My exit strategy is one that I don’t see happening for quite some time. I plan on building this business up for the foreseeable future. This business I don’t believe has the ability to go public, however, I am sure that it can definitely expand past just the UF campus. This exit strategy if I had to assume, would come later down the road. I would continue to run this company and invite top and higher executives if I was able to expand the business. I would bring in more experienced and well-developed professionals to aid me in growing the business, however, I wouldn’t give away too much power as seen with Apple and Steve Jobs. I would then sell the business, most likely to a private equity firm, when I felt that I had expanded it enough and want to go on to other ventures. The reason that I feel that I would stay on working for the company is because I see that this model could be successful past just the UF campus....
Hi Chad,
ReplyDeleteI think you did a good job with the elevator pitch. You spoke convincingly about the product in an efficient manner. You presented yourself well (nice suit, clear voice, etc.) which would be good if you were giving this elevator pitch to a real room of investors. The only thing you may want to do for the future is add an intro with your name (and maybe who you are), and possibly talk about your personal experiences (like if you would use this service or not).
Hi Chad,
ReplyDeleteSadly, I disagree with the comment from Schuyler Gleaves, the professor said in class that we should straight talk about the project and do not lose time with introducing ourselves, which you did not, you just talked about your business idea which I found excellent. You dressed properly and everything you said was easy to understand. On the overall, I would say that you did an excellent job.