What would you do if you owned this company...
Michael Tikkanen
Founder at Kids At Risk Action (KARA) - Children’s Rights Advocacy Network
Paul was in a quandary. He had built up a nice company and captured a decent portion of a rising segment. But looking into the future, he saw trouble ahead. As his segment matured, he forecasted that the segment would commoditize, revenues would drop, and margins shrink.
Like most business owners, dropping revenue and shrinking margins takes the fun out of the game. However, a service segment had emerged. It was in a fledgling stage but showed incredible growth potential.
At first glance, Paul thought his options were:
1) Get out now
2) Ride the wave and get out in a couple of years
3) Build a service division
What would you do? What did Paul do? Click here to find out.