Exit Strategies
Inexpensive Ways to Reward Employees
Share Your business is only as good as the people who work for you. No matter how good your product, how necessary your service, how innovative your technology, it’s the people in your company that ultimately determine yo...
A New Way to Cash Out
Share The IPO market has all but disappeared, and lofty merger and acquisition deals are unthinkable. So entrepreneurs, as well as their employees and investors, are left with few opportunities for unloading their stock. Second...
Planning To Exit
Share How to build your company with a plan to sell. Dear Norm, My wife, Michele Baratta, and I have a jewelry business, which we converted six years ago into a direct-selling company. Previously, she had sold her jewelry whole...
Exit Strategies for Social Entrepreneurs
Share When your business has a heartfelt social mission, the concept of “selling out” takes on a whole different meaning. On Tuesday, my husband’s company, NetSpend, finally had its IPO. After more than te...
An Exit Strategy is Not a Business Strategy
Share Sizzle It founder Scott Gerber says too many young entrepreneurs focus on potential exits, when they should be focused on getting started. I’m seeing this sort of pitch a lot lately: “We are the next such-and-...
Why I Sold Zappos
Share Tony Hsieh built his online shoe retailer into an e-commerce powerhouse. But with credit tightening and investors eyeing the exits, Hsieh was forced to ask: Was selling Zappos really the only way to save it? The first tim...
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