I spoke to a tech founder last week who was worried about what happens after he exits…
What will he do once he gives up his ‘baby’..?
I’d say around 1 in 10 business owners thinking about their exit are anxious on some level about the next chapter. And it seems to be more common with owners who are closer to retirement age – if there is such a thing
This ‘anxious’ category of owner are looking for a financial exit and taking money off the table. Not necessarily a complete divorce from the company, which can leave them feeling lost or full of regret.
Offering some kind of ambassadorial or advisor role within the business post-exit, can work well for both the departing owner, as well as the acquirer. And if the business is absorbed into a larger entity, there’s even more opportunity for each of the parties.
Done right, it’s a win-win…
#business #exitlaunchpad #M&A #mergers #acquisitions #exit