28 A

28A

1)         Identify the exit strategy you plan to make. Do you intend to sell your business in the next 5 years for a large return? Do you intend to stay with the business for several decades and retire? Do you intend to protect the venture as a family business, and pass it down to your children?

- I would like to keep my company until I am making enough money to breakeven. If I don’t end up making a profit then at the point I would make the decision to sell it. However, if the company is doing well I want to keep it and expand the business even more to more markets. Depending on how profitable I am I could end up staying and retiring and passing it along to my children. However, if I feel the business if failing I would sell and start a new business.

2) Why have you selected this particular exit strategy?

- I chose this because I feel that this product could save many lives and prevent dangerous situations from happening. I am a very articulate person and would like to stay with this business until it is succeeding. I don’t feel the need to start a new business as of right now, but who knows if something comes along I may take new opportunities.

3) How do you think your exit strategy has influenced the other decisions you've made in your concept? For instance, has it influenced how you have identified an opportunity? Has it influenced your growth intentions or how you plan to acquire and use resources?

- I think that knowing I wont give up on this business unless complete failure approaches shows that I am a very committed and determined person. This cause has so much opportunity and potential that I want it to succeed to impact others in a positive way. I would like to be known for my wide success in saving life’s and changing the way that the police force catches criminals with my product.