101 Questions to Help Business Owners Determine What to Do After Exit
Have a Clear Vision for Your Exit
Before you exit, you should have a clear vision for what you are going to do next and should verify that plan by actually trying the activity or endeavor. Once you exit, you cannot go back.
Figuring out what you want to do after you exit from your company is a crucial step to exiting successfully and happily.
Many business owners have heard stories or know another owner first-hand who exited only to realize he or she was bored, frustrated, and regretted the decision to leave behind the daily challenges and sense of purpose that comes with owning and leading a company.
It will not matter how much money you have in the bank after you exit if you wake up every day lacking something meaningful and relevant to do with your time and talent.
Yet too many owners do not know what they are going to do after exit. Or, just as dangerously, some owners assume they know but have not tested their assumption by trying the activity in real life for any meaningful period of time.