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This
astounding success rate has also produced a ripple
effect in the communities where they are located.
New jobs and growth have boosted the economic vitality
of the area. As the entrepreneurial spirit
thrives, so does the community. Inevitably, as
companies come of age, the founders must weigh the
options before them in order to make a successful exit. “Hopefully, the successful entrepreneur has
already answered the two big questions: What are
you trying to build? What’s your exit
strategy?” said Carey. The
strategies vary: go public, get acquired, facilitate a
management buyout or make no exit at all and continue
building a profitable, well-run company. Many
times the exit strategy has been a part of the company’s
blueprint since its inception. For others, different
opportunities are possible depending on the road taken.
LEN can support you with resources, introductions, advisory review and other tools during this transition. But the outcome is as variable as the entrepreneur. For Tsuchiya, attainment is being able to hand off the business, then to go on to create another; he recently founded his 9th start-up. For Johnson, the axiom, “you get out of it what you put into it,” holds true. “Don’t come to LEN if how you measure success based on what you receive from LEN,” said Johnson. “It doesn’t work that way. Do come to LEN if you want to contribute, to think in different dimensions, to be open.” Attainment can be yours, on your terms and nd LEN can help you get there. |
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