I don’t think my
adult camp will make me a millionaire. In fact, I think it may be difficult to
consistently turn a profit. I foresee repairs and regulations pinching my
bottom line. Unless the success was enormous, I think this business would be
one that I would pass on to family at some point. A new generation may be able
to spark life into it a decade from now. It would be nice to keep in the
family. It could be run by managing partners.
This exit strategy has probably diminished my passion for
this project as I don’t see a guarantee it will make me and my family a lot of
money or easily be continued for decades. This strategy would limit my
sacrifice for this business and the amount of work I want to put in. It could
all be for nothing in a few years and put a strain on my family finances.
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