Are you ready to embark on one of the most important transitions of your life? Welcome to Your Life and Money, where financial planning goes beyond numbers—it's about aligning your money with your life, values, and priorities. In this episode, Brad Smith and Tim Borody dive deep into the emotional and financial complexities of exiting a business and what comes next.
Whether you're a business owner preparing for retirement, a company sale, or passing the reins to the next generation, these transitions can be daunting. But fear not! This episode provides real-life stories and expert advice to guide you through the ups and downs of leaving your business behind and moving on to your next chapter.
Key Takeaways:
- How to emotionally and mentally prepare for a business exit and avoid the “failure to launch” stage.
- The rollercoaster of emotions post-exit: isolation, doubt, excitement, and how to manage them.
- Why most people only get one or two chances to exit a business and how to make yours count.
- Practical tips for planning ahead to ensure your business thrives, even after you leave.
- The importance of finding purpose beyond your business and how to create a fulfilling life post-exit.
What You’ll Gain:
- Insightful strategies to create a seamless and successful business exit.
- Inspiration and motivation to prioritize your personal well-being after leaving your business.
- Real-world examples of business owners who’ve walked the path before you.
- A roadmap to avoid the emotional and financial pitfalls of exiting a business.
Don’t miss this valuable episode on mastering life’s transitions and creating a life-centered plan for your future! Tune in now for expert insights and actionable advice that will help you plan a healthy and successful exit.
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