Traditional Exit Strategies Are Broken / by

posted in Blog tagged with exit strategies, happiness, value, values

Excellent article on Entrepreneur.com by Simon Cohen, founder of Global Tolerance.  He gave his business away.

He elaborates on his three reasons for his OLE (Open Leadership Exercise):

1. Traditional Exit Strategies are Broken
 For any entrepreneur, putting your life’s work in the hands of a strategy that succeeds only one in four times is flawed. “

2. Values have Value
“It’s amazing to me how many companies express certain values, but when it comes to exit, those values are left at the door. In a world of discerning customers, this is a disaster for brand and customer loyalty — and the long-term value of the company. “

3. Happiness
“…too many people confuse money as the ends rather than the means. For the most part, we want to be happy. To make a difference. To live a life of meaning.”

The whole (brief) article is worth reading.

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