Exit Strategy
Within or beyond the next 5 years, I do not plan to sell or develop my business. I do however plan to have a career in the same industry, fashion and design. I wish to share my career with my friends and family throughout my life, and maybe one day create this business. This entrepreneurship process has taught me a lot about the business cycle and overall this was just a mock idea of a business strategy. Although I love the idea and would be inspired to see it flourish beyond just words on paper, it was a creative adventure for learning purposes. I think the overall process will affect my upcoming career in a positive way. I have learned how to identify buyer behavior, social capital, opportunities, and key venture points within a specific industry. This has helped my business, marketing, and strategic skills that I will take with me to the workplace. I hope to use the strategies learned to further my future career.
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ReplyDeleteHey Nicole,
ReplyDeleteI am glad to hear that you believe that the exercises surrounding your business idea that we completed throughout the duration of this class will be beneficial for your actual career in the future. I, too, do not believe I will be making my idea a reality, but feel as though it gave me great insights into the entrepreneurial process. Excellent post and good luck in the future!