{"id":657,"date":"2015-10-07T10:00:46","date_gmt":"2015-10-07T10:00:46","guid":{"rendered":"http:\/\/rocksolidbizdevelopment.com\/ourblog\/?p=657"},"modified":"2025-07-01T17:20:23","modified_gmt":"2025-07-01T17:20:23","slug":"youve-got-to-know-when-to-hold-em-know-when-to-fold-em","status":"publish","type":"post","link":"https:\/\/rocksolidbizdevelopment.com\/ourblog\/youve-got-to-know-when-to-hold-em-know-when-to-fold-em\/","title":{"rendered":"\u201cYou\u2019ve got to know when to hold \u2018em, know when to fold \u2018em . . . \u201c"},"content":{"rendered":"

In the last few postings, we have been talking about entrepreneurs . . . what the profile of an entrepreneur looks like and how successful entrepreneurs tend to behave.\u00a0 But entrepreneurs, like all business owners, need an exit strategy, and it doesn\u2019t matter if the owner is 26 or 66 . . . he or she will<\/span><\/em> exit the business sooner or later, so it only makes good sense to plan for that event.\u00a0 Venture capitalists do it.\u00a0 When they invest in a business, they have a pretty good idea about how and when they expect to get their money back.\u00a0 Multi-generational family businesses do it in the form of a \u201csuccession plan.\u201d\u00a0 But an exit strategy is something entrepreneurs often overlook.\u00a0 They are so busy trying to get their company out of the starting gate that they have no time to think about crossing the finish line.\u00a0 Yet clearly, that\u2019s no way to win a race.\u00a0 For more on how and when an entrepreneur should ride off into the sunset, please read below.<\/span><\/p>\n

\u201cYou\u2019ve got to know when to hold \u2018em, know when to fold \u2018em . . . \u201c<\/span><\/strong><\/p>\n