The Entrepreneurial Mind

Although exit planning is important for all entrepreneurs (every good thing eventually must end), too many entrepreneurs view their business like a publicly traded stock. Jeremy Wright offers an example that is so common among many entrepreneurs: get in, get out, move on. Not only is this often financially unwise for the entrepreneur, the impact extends well beyond personal finances. Free enterprise involves a social contract that requires some level of responsibility by entrepreneurs to their communities. The quickest road to increased regulation of business is to ignore the role of stewardship that all entrepreneurs have in our economic system. And quick exits that focus only on short term financial gains move regulation and government scrutiny into the fast lane.