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EXIT Practical Exit Planning for Entrepreneurs elena Sol presents….. selena@selenasol. http://www.linkedin.com/pub/eric-tachibana/0/33 http://www.slideshare.net/selen

Exit Planning for Entrepreneurs - Presentation for Angel's Gate

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A deck used to strike up a conversation about Exit Planning at an Angel's Gate Offline Workshop.

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Page 1: Exit Planning for Entrepreneurs - Presentation for Angel's Gate

EXITPractical Exit Planning for Entrepreneurs

Selena Sol presents…..

[email protected]://www.linkedin.com/pub/eric-tachibana/0/33/b53

http://www.slideshare.net/selenasol

Page 2: Exit Planning for Entrepreneurs - Presentation for Angel's Gate

whyhow

when

Page 3: Exit Planning for Entrepreneurs - Presentation for Angel's Gate

you > this one idea

Page 4: Exit Planning for Entrepreneurs - Presentation for Angel's Gate

$100 million on paper is $100 million of the wrong kind of

paper

Page 5: Exit Planning for Entrepreneurs - Presentation for Angel's Gate

most 49ers wound up dead of

pneumonia in a stream bed

Page 6: Exit Planning for Entrepreneurs - Presentation for Angel's Gate

Greed

Page 7: Exit Planning for Entrepreneurs - Presentation for Angel's Gate

Growth

Page 8: Exit Planning for Entrepreneurs - Presentation for Angel's Gate

Exhaustion

Page 9: Exit Planning for Entrepreneurs - Presentation for Angel's Gate

Failure

Page 10: Exit Planning for Entrepreneurs - Presentation for Angel's Gate

whyhow

when

Page 11: Exit Planning for Entrepreneurs - Presentation for Angel's Gate

IPOTrade Sale

Zombie FirmLiquidation

Page 12: Exit Planning for Entrepreneurs - Presentation for Angel's Gate

IPO’s

• Selling a dream means building / buying a dream

(and keeping a promise – is it really an ‘exit’?)

• 0.25% of companies are public

(Of those, how many do you think are rigged?)

* wiki.answers.com

Page 13: Exit Planning for Entrepreneurs - Presentation for Angel's Gate

Trade Sales

• Shoot for where they will be (but date a bit)

• Love the Borg – be easy to assimilate

• Don’t focus on the multiplier, focus on the perceived value

• There are the quick and there are the dead

Page 14: Exit Planning for Entrepreneurs - Presentation for Angel's Gate

Zombie Firm

• Zombie firms may seem boring, but they are the economy

• Willy Wonka says due diligence & open options are key when selecting successors

But maybe he forgot to consider an oompaloompa buy-out option

• Sustainability is about the firm, not the people

Page 15: Exit Planning for Entrepreneurs - Presentation for Angel's Gate

Liquidation

• Bricks and mortar are easily sold to other builders

Page 16: Exit Planning for Entrepreneurs - Presentation for Angel's Gate

why how

when

Page 17: Exit Planning for Entrepreneurs - Presentation for Angel's Gate

exit starts at birth…

Page 18: Exit Planning for Entrepreneurs - Presentation for Angel's Gate

know when to fold ‘em…

Page 19: Exit Planning for Entrepreneurs - Presentation for Angel's Gate

know the cost of holding ‘em…

Page 20: Exit Planning for Entrepreneurs - Presentation for Angel's Gate

Year 0 - 1Start-up

Year 1 - 2Scale-up

Year 2 - 4Consolidate

Year 3 - 5Exit

Plan for exit

Build for exit

Prep for exit

Execute exit

Page 21: Exit Planning for Entrepreneurs - Presentation for Angel's Gate

now let’s chat…

Page 22: Exit Planning for Entrepreneurs - Presentation for Angel's Gate

SHARE THIS DECK & FOLLOW ME(please-oh-please-oh-please-oh-please)

Selena Sol asks…..

http://www.slideshare.net/selenasol/presentations

stay up to date with my future slideshare posts

[email protected]://www.linkedin.com/pub/eric-tachibana/0/33/b53

Page 23: Exit Planning for Entrepreneurs - Presentation for Angel's Gate

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