Preparing Emotionally for Your Business Exit

Preparing Emotionally for Your Business Exit

Update: 2024-06-13
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Description

This episode of Finishing Touches explores the emotional aspects of selling a business and the impact it has on business owners. It delves into the personal, financial, and professional implications of selling a business, offering insights and guidance for navigating this challenging transition. 

 

Takeaways: 

  • Selling a business involves emotional, personal, financial, and professional considerations that require careful navigation. 
  • Business owners need to address their emotional attachment to the business and plan for a fulfilling post-sale life. 
  • Financial planning, maintaining professional relationships, and finding purpose after the sale are crucial aspects of preparing for a successful business exit. 
 

Key Points From This Episode: 

00:00 Navigating the Emotional Aspects of Selling Your Business 

03:07 Addressing Emotional Attachment and Identity 

07:23 Financial Planning and Post-Sale Fulfillment 

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Preparing Emotionally for Your Business Exit

Preparing Emotionally for Your Business Exit

Vincent Mastrovito