The SORIN (SOcially Responsible INitiative) concept that I have been developing throughout this blog is a movement comprised of a central non-profit organization partnered up with for-profit businesses. The way I conceptualize what needs to be done today and how I envision a potential exit is consistent with the inherent movement nature of the SORIN.
Exit Strategy
Fostering a financial system that is just and fair is a passionate affair for me. SORIN represents the confluence of my personal beliefs, professional experience, and academic training. My personal beliefs have been formed based on growing up in America in an immigrant family and my professional experience spans twenty five years in the finance, technology, and socially responsible fields. The academic training is what I am still working on now in pursuing an eventual PhD in Economic Sociology over the next few years.
Movements take time; they require persistence and much sacrifice. I feel as though I have paid my professional dues and achieved a level of success and it is now time to give back to society working on fixing the ills that I perceive hurting so many people. This is why the notion of an exit strategy, as it relates to SORIN, is reminiscent to running a perpetual marathon. Therefore, I see myself devoting the rest of my productive life to this endeavor with the aim of building SORIN into an institution that can outlast its founder. SORIN should be able to thrive with or without me and this can be achieved if a culture is fostered that epitomizes the pursuit of a just cause based on the sincerity of collective effort.
This conceptualization of an exit strategy influences all of my decisions. First of all, I recognize that I have to take the time to do things the right way. SORIN's mission is ongoing so perseverance is more important than haste. Additionally, SORIN is a not-profit so sustainability is the ultimate goal not profitability. But most importantly, the success of SORIN represents communal benefit so transparently engaging as many people as possible in pursuing this mission is of the utmost importance. Embedding these principles within the fiber and culture of SORIN is what I am looking to achieve over the next few years and beyond.
Farrukh,
ReplyDeleteGreat post! I like how you explained your business idea. It was way easier to understand your exit strategy after reading that little blurb. Personally, I have chosen to sell my business, but I see why you want to stick with yours and devote all your time to SORIN. You seem very passionate with your ideas and the only person who knows more about your business is you! I think it is a very wise idea to stay and hopefully help SORIN grow to be a very successful business in the near future.
Here is my post: http://shainaent3003.blogspot.com/2016/04/my-exit-strategy.html
Hey man, cool idea, but I hope you're not talking about America because our financial system is fair. If that initiative is put into place in developing nations or 3rd world countries I think you may have enormous success because in other places the financial system is rigged and tipped. Check out my blog too: http://entrepreneurshipwithq.blogspot.com/2016/04/my-exit-strategy.html
ReplyDeleteHey man, great post! I definitely enjoyed reading it. Glad to see that you’re planning on continuing what you’re doing. You seem well-informed in what you’re doing and I hope you succeed in whatever direction you plan to take your company in. Also great picture, very inspirational. You seem very determined and dedicated in your passion so definitely expand on your idea/opportunity. Check out my post:
ReplyDeletehttp://jamalbrown4.blogspot.com/2016/04/my-exit-strategy.html