Tag: exit strategy
3 Steps for Applying the Merlyn Principle in Business Planning
In T.H. White’s The Once & Future King, Merlyn explains how he predicts the future: “Now ordinary people are born forwards in Time… But I unfortunately was born at the wrong end of Time, and I have to live backwards from in front, while surrounded by a lot of people living forwards from behind. Some people call it having second sight.”
If you want to predict the future of your business, then start by developing your exit strategy and work backwards. Here are three steps for doing so.
Step 1: Create Your Exit Strategy
It can be uncomfortable to explore the answers to questions like, “How long will I live?… Continue Reading >>