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Stock impact report

Start. Scale. Exit. Take Some Money Off the Table. Repeat. [Forbes]

Tucows Inc. (TCX) 
NASDAQ:AMEX Investor Relations: tucows.com/investors
Company Research Source: Forbes
Scale. Exit. Repeat. But there's actually an invisible step in my process between “Exit” and “Repeat.” When I look back at what's brought me security, it's this invisible step. My process looks more like: Start. Scale. Exit. Take Some Money Off the Table. Repeat. I learned this the hard way when the NASDAQ index crashed in 2000. It killed the exit I was working on, and lost most of my wealth because it had been tied up in the company's stock. Since then, my philosophy has been called “Laddering Up Wealth.” After I exit, I take money off the table before I go off to Repeat. For those who envision a life of serial entrepreneurship, taking money off the table from a successful exit should be a prerequisite for repeating success in your next venture—or two. So let's talk about the two key advantages of taking some money off the table versus putting all your wealth into your next venture: 1. Taking Money Off the Table Makes You More Change-Proof Let's be honest—there's Show less Read more
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