The Exit Strategy Blueprint
After getting laid off at the worst possible time in my life – when my wife was pregnant with our first child and wasn’t working, and with no other source of income in our lives – I had a decision to make. Do I return to the comfort of a steady paycheck, or do I fulfill my lifelong dream of entrepreneurship? On October 1, 1996, I decided to go all-in for the more challenging yet rewarding path of entrepreneurship.
To take charge of my destiny, just four years into my new venture, I decided to lay the path to my family’s and my “dreamland” by writing my plan to exit. In 2000, when the company was barely profitable, the plan called for my family and I to reach financial independence when I was between 50 and 55. That meant I had 18 to 23 years to bring this plan to fruition. Extremely aggressive, to say the least.
