1) My exit strategy for this firm is to put myself out of business (or discontinue this product line) by developing newer and better products that will make my original product obsolete. What I mean by this is, the education industry is constantly changing and is currently moving toward a need for more technological integration. I would create a new product that is complete technology and make this current product obsolete.
2) I have selected this exit strategy because it would allow be to retire my product and still have revenues and income flowing in. In addition, I would have the ability to continue doing what I love and building a company that positively impacts the education sector.
3) I do think that my exit strategy has affected my perspective because I am very goal oriented, and am working toward that goal, so I am continuing to look for opportunities in the market. However, I will continue to work toward making my company as successful as possible, not just build it up and sell it off.
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