How to Plan an Exit? | Damon Pistulka | Founder, Exit Your Way

Every entity on the planet has a shelf life, so does a business, even the ones running for years. When a businessman starts a business, (s)he has a vision of what (s)he wants from it in terms of reputation, money and wealth. Once the business offers it to the owner, it is time for him/her to move on to use the amassed wealth for living the life (s)he wants. But it is easier said than done. Today, we discuss how important it is to prepare an exit in advance and the key parameters to account when taking the decision.

[00:36] - About Damon Pistulka

• Damon is the founder of Exit Your Way, an organisation enabling entrepreneurs to exit.
• Damon started his career as an engineer and, in the latter part of his career, ran companies for private equity groups.
• He made his first exit at the age of 35-36 with an investment owner after growing his company to the value he wanted. He found it to be fun to build a business and to be able to sell it.