28A: Exit Strategy

1) I intend on allowing the non-profit organization to grow for the next five years, if possible. I intend on staying with this non-profit organization until I have built up a community of individuals who are just as dedicated to the cause and allow them to manage it once it comes time to retire. Ideally, I would like to protect the venture as a family organization, however, if my children are not interested in serving others for bettering their wellbeing, they clearly aren't my children. Overall, keeping such an organization within the family would be ideal but ultimately up to my children on whether or not it is a cause they would like to pursue and be apart of. 2) I have picked this particular exit strategy due to making a decision to make it a mission within my own family to help those in need. Coming from a town overrun by minorities who depended on the assistance of non-profit organizations has instilled a motive to give back to those who were in my shoes many years ago. 3)I believe my exit strategy is influenced by other decisions made within the development of this concept. It has influenced how I have identified an opportunity, as keeping this venture within the family would be an opportunity to give back to those in need. It has influenced my growth intentions and developing this idea has led up to research of non-profits within our area. If I cannot start a nonprofit for this cause, I would still like to give back to the community in a way that is within my grasp. I plan to acquire and use resources efficiently. Acquiring knowledge is not too difficult in this era. Knowledge is within our reach, and maybe even within our pockets. Using resources for this venture concept would consist of acquiring goods for families in need.