I intend to stay with my organization for the long-haul. I am currently twenty years old. I have a lot of life to live, God willing, and I have a lot more that I want to do. I plan to stay with Homebound, continuing to grow with the company, and continuing to help the most veterans that we can. Helping others is my passion and has been for many years. Getting to stay with the organization that I started, all while helping others, I will have a happy life. I hope to have a family and kids one day, and I hope that I am an example to them on what a life of service looks like. If at some point in the future I find myself in an opportunity and position to run for a political office, I will do so. I hope that my family stays involved with my organization, but I do not necessarily intend to pass the organization to my children. It is a non-profit organization. Nobody truly owns it. It is a public organization that is owned by everyone.
I have chose this exit strategy because I want to live a life of service. If I can stay and grow with the great non-profit organization, building new connections and relationships along the way, it will be a good life. Eventually, I would like to run for a political office position in state or federal government, but that is only if the opportunity arises, and the organization will be able to carry on without me. I hope to use the connections that I have found in my endeavors with the organization to be able to run for office.
I think my exit strategy is influenced by my passion to serve others. Growing with the organization will help me spread the numerous individuals that I can reach out too and help along the way. I think that the idea of running for political office also stems from my desire to help others, and I think that the many connections that I make through my organization will help me on the pursuit to be able to help and entire different market of people. At the end of the day, as long as I am helping others, and the organization stays true to our core beliefs, I will be happy.
I think it is important to have passion for what you do and you have to truly love the business if you are going to stick with it your whole life so it is really good that you have that. It may help your organization to have one person consistently stay with it so that the connections made for the organization can be properly maintained so your exit strategy is a good idea.
ReplyDeleteHi Dakota!
ReplyDeleteGood ideas for exit strategy. I like that you plan to stay with your organization and build it into something lasting. I like that you plan to live a life of service.
Katia made a good point in her comment- you should train some people that know everything that you know, and can make decisions as you would, so that the organization can run smoothly no matter who is in charge, or when changing hands. Also, you never do know what will happen- if you, god forbid, die tomorrow, you will want people running it that can see that it continues since you can’t be around to run it.
Another point- not really about exit strategy but about strategy in general- you want to run your organization over the long haul, but you also want a family- if you are running Homebound full time how will you support that family? Will you be taking a salary from Homebound? Will the organization, which you have said will be based on volunteers, be able to afford for you to take a salary? Points to consider. You are a very selfless person, and your heart is big- wanting to serve others is an awesome goal! However, kids have to eat, and be clothed and sheltered, and that all takes money. Points to consider.
I think you would be a good candidate for eventual political office- we need more people who think of others instead of only considering themselves. I hope you manage that ambition one day. Good luck!!!