Good businesses always take charge of every aspect of their franchise and that includes the end of the franchise. Nick and Charles drive home this important point, so you never forget it.
Join Nick Powills and Charles N. Internicola as they discuss the importance of the exit in mind.
1. The exit should be in your mind from the beginning.
Whenever a smart businessman or smart businesswoman is into a business, they should think of the exit as soon as they think of the beginning. This will allow the person to think ahead for themselves and not forget what the business means.
2. Having a future plan.
Good businesses always have a plan that will help them get through most situations and by having a future plan, the business can have the plans built into place beforehand. These people more than often will succeed as they have a future plan in mind.
3. Forgetting feelings.
There can't be a sentimental attachment to the business, the business has to be able to end before you move on from it. This means that there shouldn't be a time where you are giving up your livelihood for the business.
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