28A – Your Exit Strategy

1) The exit strategy that I've planned for BeyondKash includes developing the software behind the application to contain each feature laid out in order to make sure our platform is completely user-friendly. After being implemented, I intend to find an investor or market competitor to either sell a percentage stake in BeyondKash in return for an investment, or completely sell my application to a buyer. I believe that this company could yield significant results and generate lots of net profit, but ultimately I've decided to rather pursue a company on something that I've done more planning and research with, and am willing to put in the effort and finances to go from a start-up to a multi-million dollar company. BeyondKash was able to provide with the business experience and insight into how to correctly follow the entrepreneurial process, and what to do throughout each step of the way.

2) l've selected this particular exit strategy due to the failure I encountered while developing the application for BeyondKash. I realized that I am more interested in creating a brick & mortar or click & mortar type business, rather than just a pure eCommerce type company. I find that I prefer to do research in a field of other competing products or services, rather than research apps and digital content that requires lots of technology knowledge and expensive finances. Although, the experience and skills I learned while designing BeyondKash offer me knowledge into online advertising, and ultimately utilizing social media platforms to build a community around my product/service. 

3) I believe that the exit strategy I chose was dependent on the type of business I wanted to run, and if I wanted to have a physical product or an online presence. Although, the opportunity I picked was chosen based on my vision of believing in a specific market and understand the audience and how to solve their wants. Additionally, I do believe that my exit strategy had an influence onto how I planned to acquire and use resources, as well as how much time and amount of money I was willing to invest into BeyondKash. These specific areas and my overall plan of action for this business were part of the reason why I decided to not pursue BeyondKash, and rather focus my energy into an opportunity that provides a greater ceiling.