Exit Strategy
After gym one day, while both of us were yakking on our indispensible mobile phones, i bumped into Jamie from good old st. nicks days and while walking to the mrt station and just randomly updating each other, the words exit strategy came up.
The last time I heard this term comes from this talk I heard from someone about when starting your own business, you also have to take note of your exit strategies in getting out eventually, in terms of selling your company to someone bigger ( well there is always someone bigger) in the market being the most ideal situation, or listing your company and selling off shares etc. The other time would be a longer way back on my economics class BK1101 of entry and exit barriers to the market for companies. Now being employees of companies, these words took onto another meaning altogether :) So I was pondering on all the many many exit strategies that one could partake and apply in all parts of your life, be it econs, work, relationship, business, social gathering aka parties even.
Reminds me too of one of the 7 habits of highly effective people by Stephen R Covey, Habit 2: Begin with the End in Mind,
Just an interesting perspective that kept me thinking for the past few days.
The last time I heard this term comes from this talk I heard from someone about when starting your own business, you also have to take note of your exit strategies in getting out eventually, in terms of selling your company to someone bigger ( well there is always someone bigger) in the market being the most ideal situation, or listing your company and selling off shares etc. The other time would be a longer way back on my economics class BK1101 of entry and exit barriers to the market for companies. Now being employees of companies, these words took onto another meaning altogether :) So I was pondering on all the many many exit strategies that one could partake and apply in all parts of your life, be it econs, work, relationship, business, social gathering aka parties even.
Reminds me too of one of the 7 habits of highly effective people by Stephen R Covey, Habit 2: Begin with the End in Mind,
Just an interesting perspective that kept me thinking for the past few days.
1 Comments:
Yeah, the ultimate end is quite interesting... from a Christian point of view at least. There is an article on Economist.com right now about Steve Jobs and how the prospect of his own death helped him recreate himself. There is actually a multitude of other such stories out there. What is more, Scott Peck likens every spiritual end to a death of a sort.
By Jiri, At 1:34 AM
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