Life after exit
Perhaps the thing we hear most often from clients for who we’ve managed a successful exit is: ‘I wasn’t prepared for this’. It’s very, very rare that there’s a real clean-break champagne popping moment. Often there might be an earnout requiring you to work on through a transition period. Once clients do leave for good, they might go from a hundred miles an hour to a stasis that can feel purposeless.
Receiving a large amount of money can also create challenges for you and your family – how do you prepare them? Who will inherit and how once you’re gone? How should the money be put to use and ultimately what is it for?
These are the most important questions clients need to address and that is why we ask them at the very beginning of the business exit process – not only to guide their goals but also to make sure they’re prepared for life after exit. Beyond financial reward, a successful exit should be the launch pad for the next chapter in your life story.
For so many of our clients, their business is their model for interacting with and adding to the world. Walking away from that should never be easy – but when that moment comes it’s only right that it happens in the best way possible, opening more doors and defining everything a good reward should be.
For that next part of your journey we’re here too. Whether you’re looking to become more involved with philanthropy, plan how to use your wealth to benefit your family or invest in your next venture – we have a suite of services designed around your needs.
