Your Exit Strategy

Your Exit Strategy

1. My intention is neither to keep any venture in the family, sell it, nor even hold on until i retire. My intention is to set the venture on the right path from the beginning and then scede my place, not to some board of directors and their ceo who will undoubtedly pursue short term profits to the ventures untimely end. My exit strategy is to leave all the systems in place to ensure a steady line of succession wherein each leader of the company chooses their successor (a choice that must be agreed to by the rest of the upper level executives, whose own successors will go through a similar process). Such a system ensures that the corps philosophy of the company will not shift radically over time and that it will maintain a uniform long term strategy resistant to system shocks. The company that succeeds is the one that steadily improves without only reacting to its competitors.
2. I have no interest in money, power or status as anything other than tools for achieving higher goals. I want to leave a legacy, to contribute to the betterment of humanity, and for this purpose I want to ensure that my creations live on as long as possible and continue to do good even after I am long dead. I take my cues from God as the clockmaker (the deist interpretation) in this case, I set all the systems and the foundation in place and then step aside to allow my creation to succeed or fail on its own merits without my direct interference.
3. My exit strategy has influenced every aspect of the design of my business idea. The whole point was to achieve the greatest good for the greatest number in accordance with rule utilitarianism. This is the easiest way to guarantee a positive legacy and couples well with my philosophy of the use of power to create ripples where a relatively small expenditure of power can cause a huge impact. Thus, I would prefer to spend as little time on any venture as possible and to create the conditions necessary for success before beginning in the first place. In all honesty, if I ever even attempt it, this particular venture will probably not be the first, second or even third. There are many things that will need to be changed before something like this could be attempted in the first place.