article thumbnail

Planning for the Future: Your Exit Strategy

Up and Running

Initial Public Offering (IPO): This exit strategy is not suited to most small businesses, primarily because it means convincing both investors and Wall Street analysts that stock in your business will be worth something to the general public. Liquidation: For small businesses, liquidation is a common exit strategy.

article thumbnail

What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

Having street smarts with no inspirational ability to build teams can yield a great small business but will be difficult to scale into a large VC-backed business. The problem was that he was still working out the lock-up period in his big company. Few people have it. I finally called bullshit.