WAN ttttxHZHIIomcu: . Wednesday May 6‘ 2015 - i3 Finding the exits Ex ' pert to speak to local angel investor network about how to get out Hi Boiranwnit understanding the optimum time for the t “VII/Ht le start ownership of a company to transfer, 7 W ‘7 7 * “My goal is to improve that for both ngt'ls to the rescue hau- been a great ; "' o entrepreneurs and angels." Asourt e oi hurtling tor l()t’ill stariups as Peters said there's a reason why there are lt'l‘ll entrepreneurs get their bust g; " only so many companies like BlackBerry. tit-sses ready forltltoff. i' Apple, Microsoft and (‘toogle on a global But how do those angel Iti\‘t‘sl(t|’s get _ 3- ‘ scale They are rare, and their history of their money back out in a timely lashion so M34. 5 ‘ growth is usually one built on acquiring that they can rectrculatt- that support for the 7" g . innovation and delivering it to the markets next generation of companies while also get :gs- they've already established. ting art appropriate return on investment? ‘ ‘k, “Only 25 per cent of companies have a it s called an exit and how do you do it - in ‘ successful exit." said Peters “After we go both gran etulh and With the ahllll) to keep ' _ ‘ through the things that are so difï¬cult â€" to ‘ \otir tiit)til‘\ working to fund the out great T ~ ‘ create a company to grow a company ~ 7') llllslllt'ss" ‘ per cent of the time we blow it and we don't lit-t t‘til stittisttt s t omplit-tl t)\‘t'l the last seize the opportunity to transition the com- tt,t‘ wars slit)“ that there ha\e l)l'('li 3, {till pany to the next level. t‘\lls ttt the It \ tttllllhlll'tl to ori|\ 1% Wills “If, through the rest of my career. I could tttt illltllltl get that to 50 per cent, I'd be very happy." ll‘ll llastl llt‘lt‘H t l t t ttt \tiategtt l \lls‘ ~ , He thinks if we ï¬lled that gap we would :lltl illl lll‘.t'\llllt‘tll t‘\tit'tl aritt ttitttl manager “"‘ ' W also notice it tn ( ztttatla's (.IJP in terms ot who ll is lliill t \;it'llt‘lll l‘ with m h tottipa v ‘ econnmit' growth and in job creation, ll‘t‘s with it lit and llli‘ H s sattl thost- ,( Peter said there‘s a htg hue and cry from iititt ‘tt :- tt-r it tll'lt llll\l"tllll!il.5 \\lien ' ‘ entrepreneurs that there isn‘t enough rapt illllllslt it ' tt tttttttiltiitott \lt‘t‘ ‘.\.tllt tint It s ' I la] lisotrtethtng that he‘s heard personalh ltr‘lfljt' ttt lilllr‘~ was t l'ltt‘st lllllllltl‘ls illt‘ .1- t lltithe'schallengingthzitorthodox) tttittt tttlllll tltl'llt “ " lht're are a lot of httsttit-ss leaders and llt s tstti it‘ll :lltl it t‘t'l [llt‘lllr ttt lll polittt tans laiiii-iitingthe fail that m' haunt to t illi'-‘l it .t it l~ ow ttt-i ttt: ttwt same The Golden Triangle Angel Network is hosting a workshop with Basil Peters, CEO of Strategic lot less \t'lllllrt‘ tapttal than he did 30 years lssllt‘ ll‘l .ltttttl out Fxtts Corn MaySat Bingemans on promoting better exits forum/esters ago‘ said l’t-ters "lltit it you look at the l ‘tt‘l'i illll'r‘l n.tsltt s it» t luttl ttt or t‘\ll~ it-ttirrisott \i'tititretapttal httitls tltt-\.'rt- titts sillll in it is littt lllt par ‘lut: i'." ttt lt‘ is: l \lls l Hip \‘tllll ll spet itill/i's ttt optirtttttii \ more llltlllllt‘ teth littsittt-ss eros\sti~ni eialilt- llit‘\ \e lit-en tit‘gatih' lot 13 units pittitt ttt ts tit sVLCltllli] the» -t' exit ttatisai ittttis llil Ht ll‘t liiiologx totitpa is pout-ted h\ at tttiisitirirts and allowing the and that‘s hi't arise lllt‘ri‘ s too lllllt ll oi it l‘- 't is loom ll‘l titllll" that ‘All‘t M will rtti-s logger plawis to take the I tirttept to the arottntl lhat‘s l)t‘ttlll‘st’ the people hatt- to in littl' w‘ t-t t at ttt ltwt p tttti ott ll‘. lllt llt stittl the lttggttst tssttt tot angel llt'\l ll‘\t'l Hllllt' those serial i'rttri-pretieiits make those lll\l‘\llll|‘lll\ .Ilt‘ lit-trig lottetl ttt ltltllll‘l‘ lt ill‘ji‘l‘ ‘l'll’t l ‘st l.\ttll \l l“ ttttt tll lll‘it‘slttl\ l~ lttitliiitt ltllslllt‘ssi‘s ‘i\lllt the tight get liatlt into the game ll\ finding llH' llt’\l titalte poor tlet istoiis llt‘l attse tltt'tes tot ' l‘llltt‘t llltlt'ls it till tt‘ mo t tï¬'lltt‘ltl A plan to plat vi to support lllt‘ll l‘lll\ Vlllll ull‘tll itlea tiittt liitiiiipt-tttititi lM‘ttlllsl‘Illt‘ll'slriii ttitttlt top 'tllllll’i illlttllll Ill» 1 -ti ttt r‘llllt'llll ttetits looming ‘t\llt'll to [)tl\\*lll the Peter said the litggest pttilileiii is that taptial " l’vtl t- 'lll'l-t it t t at :l l“ll‘tlll1lltt.t' lt ittttt illltl put- “in to stillll‘ttlll' else who I't,t‘l\l)!)tl\\\.llll\ll|l1t'tllllllllt‘ rttnhttti'r lllt‘ uiltl \\i'st til ll‘t h lll\t'\ltllt‘lll is past nlttt lzllt it tl‘l tlti‘t l lltll it tl llllllltllH has lllltlt‘ lt’\ttllll rs and lllt' aliiltli to \ltlll‘ illltl him it it out til the park like lllatkllt'rn starting to he i orrallt‘tl ll\ adherent e ttt u‘tllt‘lt “t l " lltlll l'l‘lltl ll‘ltlt llltll‘ tip lllt‘ll llll‘it tlitl tit treating a killer tlt‘\ll t' arttl a glohtil hitsitit'ss ltintlatitt‘titals tiistiuttl til irrational W V illt it'tt lllt‘tl‘ is more t .ipttal tn the angel t ltlll tttatlu-t Instead a healthy er iis\stt-rti sliottltl t'\tllll'l.tlii(’ If or new It‘tlllV obit-i me and trinity ml ttt t tlt ttti .t ltl'll" t 'llllttl ttatitttt. than llll‘lt‘ are good opportunities to H‘, ttt liat ill“ with hall til the t tittipatiit‘s l‘tti sott\ ttt llt‘ lllllltll hitt those t'titri'ptt ‘l‘ttliltllll‘ lltl ‘ttllll ttts' ‘ t‘tt rttl lllltltt it; tint-st tttttttlax sattll’i-tt‘ts lit'i\ttti|titi ttt tt'ttittttiii; \Hlllt‘lllltlflttll lliiit llllllilllll\l‘\l llt'lll\\\l1ttttlllllllltl\t‘lllllll‘ttlplltlltlldllljt‘l luttttt m tttttlitl ttt ‘lll’l;‘ tl t' ttitttptttt Hit out" illlll ttt \tltrott‘iitlltti. lllt‘lt‘H ttieitt tapttal thereasontslit‘taitsetlit-i tiiwtt' in wt ‘tttt t l tlt: it t at l‘ ttt, ’l ttt it t'ttttt tout l t tpttal tl‘itllltllllt llltlll llti‘tt‘ tst lllt‘ stats ,Itt‘ a lot poorer tight tum tsttlt lll\l‘\llllt'lll\\1)llll\ \tllll lll‘lt'l‘s \\.lt tt tltwttl l ts-t * lltlt‘lll‘ll : tt‘tit t ‘tll>l- l a t lllllllittlllrllllttllllt'\ ltlll‘iilllllillll‘lliltlllsltlflll|l\ll‘illlflllllllllll-Il lllt\ll‘tlllt'flllul\lllilltlll \tllllttlltlllttl ttt ttttt; 't‘tttl lttlll‘tl it .l“llltL‘ it‘ll‘ t"ll4 lot pron: lllt‘util‘ltlllitlhllld'lllt illlet'l\ ttltalaiiilleatirigtht'tt rlllï¬tl Illtl“sltil\ ill stittittiiixorittsittttt'ootlitliut i tttttitl itttittttlt‘ttltrt‘t'ttttttt mm or tttt.ttttjt llitlt i-tttt; tilltlllllllll tltats toroillttiitittialsttiiitlliig llt s.iitl titttwititsrtwttl llrlli‘tlt‘wl ‘i ttt ‘tlll t“ltt ltlll’L‘t llllr‘ 'tti pt ttt lltllllt t tli‘ll‘llllllllilllllll lll.illltl‘lt‘l~s ‘l‘ittati‘tttgotitlal llittlll‘llt’llllllll‘t‘fl 'tttlt lllll\t‘tltlt‘llllls ltt' l‘tltt‘r it 'lt- ‘tttt ttt; t tt‘ lattttt ltt it ttttltt' t'ttttttt 'ttttt ill‘l'ttllltlllllltlt tlt tillllltllllltlllt‘\ lll‘.t‘sllllt‘lll\ saitl l't‘lt‘ls \‘it not ilittitlat ttl\‘.uxttiksliottttstttuttusttttt ttt Ill ' " a ‘ ‘ ATTENTION BUSINESSES.. . 4â€"- 2:: . t LEADERBO'D â€Va in -~ ‘" " or ’ lIMPRESSIDN" ' ' s ' «‘3: '- i I . -- _« WMWetiSttes. “if." z i ,f 2‘3. - ‘ l 7;? ‘_- . " s» â€"- ~ YOUR MEbSAGE I. ‘ ‘ WIRONIU} Call Ted Anderson 519 623 3050 ext. 232 gunâ€"r- , , , W-,aa,,,~___.______â€"_‘â€"__Ka4__ 7,, m._,,, , ,,,___.N