article thumbnail

I Want to Start My Own Business But How?

Strategy Driven

Modern advancements in technology have made it easier than ever before to start your own company and become an entrepreneur. That includes rent, production, salaries, utilities, and similar expenses. Despite the fact that you’re yet to start your company, this is a good time to think about your exit strategy.

article thumbnail

Nurture Entrepreneurs in Africa

Harvard Business Review

The second develops useful technologies and makes them free. Investors cannot put money into most ideas because the exit strategy is limited. Monetization : Young entrepreneurs need to learn that giving away their products for free may not work most times. Thinking how to exit at the beginning is very important.