I talk to well meaning business owners all the time who flirt with the idea of selling their businesses down the road. To them I say, you will need to exit 3 times before you’re sipping pina coladas on the beach. The Mental Exit You first need to come to terms with the fact that one day you won’t be behind the wheel. Understanding this intellectually is one thing, but fully internalizing it is another level altogether. Once you own this information you can then start the process of planning the great escape. But you’ll never get there if you don’t come to terms with the fact that the business must either outlast you or meet its demise alongside you.
The 3 Exit Framework
The 3 Exit Framework
The 3 Exit Framework
I talk to well meaning business owners all the time who flirt with the idea of selling their businesses down the road. To them I say, you will need to exit 3 times before you’re sipping pina coladas on the beach. The Mental Exit You first need to come to terms with the fact that one day you won’t be behind the wheel. Understanding this intellectually is one thing, but fully internalizing it is another level altogether. Once you own this information you can then start the process of planning the great escape. But you’ll never get there if you don’t come to terms with the fact that the business must either outlast you or meet its demise alongside you.