| Topic Name: |
Baseline Comp |
| Message Name: |
Timeframe for a Successful Exit |
| Date Posted: |
04/18/2001 |
| In Reply To: |
That kind of thinking makes sense in my book. The dot.com craze got many of us hoping and believing that you could be successful overnight, but few things are that easy. It takes a lot of hard work, and forgoing a little cash in the beginning to lay a strong foundation, I am sure, is a discipline that ultimately pays off. Like going to a school with a strong basketball school where you might sit bench the first few years, but where you are guaranteed to learn the fundamentals, and learn them well. |
| Message: |
Of course, a successful exit can take on average from 2 - 4 years.
By exit, I mean either selling the business(usually to a bigger firm) or preparing for an IPO(since this market is dead right now the previous scenario is more likely).
For the opportunity to make hundreds, possibly a million or more, I'll take my chances and work for the smaller firm.
The worse that can happen is you learn a great deal and parlay that into an offer to work for a larger firm.
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