Exit does not equal retirement.
But I hear the R word mentioned a lot when I chat to business owners about their exit strategy.
It’s no wonder some owners endlessly delay their exit if they associate it with retirement. Because entrepreneurs never retire. There is always another adventure of some kind ahead.
From what I see, business owners who exit ‘too late’ do not decide anything. The decision is pretty much made for them. And the outcome is sub-optimal.
It’s more common these days for owners to exit for another reason. They have other things they want to do with their life. Things that have been sacrificed to build up the business. After all, we only get one life.
When you get it right, a successful exit will return you many years of profit – without having to stay and generate it through running the business.
Which means you can reinvest your returns into your next venture or build your financial freedom through a higher yield investment portfolio.
#NextLevelGrowth #M&A #Exitlaunchpad