Do You Have An Exit Strategy?

My friend David over at Xfep (eXtra For Every Publisher) wrote a really great post on what to do before launching a blog network.

No matter if you’re a blogger, a freelancer, a small business owner, you have to think of everything (or at least make sure everything is taken care of):

  • Hiring people
  • Marketing
  • Accounting
  • Build an online presence
  • Increase revenues
  • etc…

There are so many things you have to keep in mind when launching a blog network, probably more than 46.

There’s one thing both bloggers and freelancers have in common though:

Most of us don’t have an exit strategy.

Of course launching a blog network is different than getting started in your freelance career, but there are many similarities.

What If?

What if you get tired and wanna do something else? Or cannot work as much for various reasons such as personal or family issues. What if you fall ill? In 5 years from now, do you think you’ll still want to freelance?

How would you answer those questions?

What Is Your Exit Strategy?

Chances are if you’re reading this blog, you’re a freelancer or you run a small business. Maybe you’re just getting started, or you’ve been freelancing for years. Do you have an exit strategy, or do you simply go “day-by-day“?

If you run a small business, you can certainly sell it, and then move on to other things (same thing with a blog), but when you freelance, and always have to look for gigs and find new clients, you can’t “sell” your business, you are the business. You can still outsource a lot of your work, but not “all” of it.

What do you think?