eCom Success Academy- The COMPLETE Review
Long Term Exit Plan
Lesson 134 - P&L Google Doc
EXIT PLAN TRAINING
- My Key Takeaways
There isn't much to say about an entire training module that comprises of a single 12 minute video.
In my opinion it isn't an exit strategy at all but rather a daily Profit and Loss template to keep track of your finances and products. Nothing more.
This spreadsheet will help you identify winning and losing products, not sell your business. IMO.
Content: 6/10 There honestly isn't much here...
OVERALL IMPRESSION OF EXIT PLAN TRAINING
This is a great topic to add in any business model course, but not many courses actually do. This is the only dropshipping course I know of, that even mentions an Exit Strategy.
Sadly, Adrian doesn't go into any real detail. The way this Exit Plan is put together will not instill you with a lot of confidence. It's a spreadsheet. That's it.
You're not told how to use it. Or where to advertise your business when you want to sell it. Or how long you should wait before thinking of selling etc.
Savvy business people don't buy businesses based on a single spreadsheet with estimated net and gross profits. But hey. That's just me...