At first I am going to be driving around getting peoples plastic and recycling it for them free of charge. I will be making a little bit of money but money is not what drives this company. The primary goal is to inform as many people as I can about how awful plastic and how important it is to recycle all recyclables. I do not plan on selling my company in the future. I would like to keep it in my family but I eventually want to hire people to recycle for me so I can focus on the big picture ideas for our ever growing plastic crisis. If its not cleaning up the oceans or our landfills then I want to find a radically innovative way to reuse plastic that will not harm our planet any more than it already has.
I have picked this strategy so that I could still have a company that recycles and is always trying to inform any and everyone to recycle while I am focusing on other plastic problems.
To be honest this is the first time I have thought about my exit strategy in this course so it did not affect my venture concept at all.
Hi Myles,
ReplyDeleteFantastic blog post this week. An exit strategy is something to have in mind the entire course of a business plan, and yours is clearly well thought out despite being a recent thought. It is very fortunate for your concept that it went unaffected by the introduction of an exit strategy. Keeping a company in the family can be tricky for a number of reasons, but because this is just the concept, there is no issue.