Entrepreneur Life

The personal side of starting and running a business.

Selling a Business

We cover everything on the personal side of selling your business. What was the sale process like on your mental health? How did the process and end result affect your family? What did it feel like when the process finally finished? Selling a business can be a huge decision, and we want to talk about the ramifications on you and your family.

  • All Selling A Business Questions
  • Most Liked Answers
1 Responses
After you sold your business how did that affect you personally?
After the first big exit, I had a big loss of identity. I was young and I felt lost as the business had heavily defined me. It was weird to go from having a pretty amazing title and reputation to not having that and feeling invisible. In the long run, it was good for me, but in the short term, I was pretty moody and not sure what to do with my life. It took me a good 6 to 12 months to get out of my funk and figure out the next step. Long term, it has a super positive effect on me and helped me build a better identity not based around just my work. When I had the next big exit there were no issues as I knew who I was by then, and I knew what to expect. Plus I had a family and having them... Read the rest of the answer here.

View Advice Share Your Story