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Why Business Owners Regret Selling—And How to Ensure You Won’t | EP 051

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Manage episode 481404837 series 3501629
Content provided by Jared Pilon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jared Pilon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode of the Tax Talk Podcast, we are chatting with David Prowse about the emotional side of exiting your business. You will speak with your account and lawyer about the tax and legal side of the sale, but do you consider the emotional aspects that come with selling your business? Do you have a plan in place that will ensure that you are happy and fulfilled when you move on from that project? We are going to look at why you need to consider the emotional side of exit planning and create a plan for your life after the sale.

David Prowse
M&A Evolution
[email protected]
905-337-8341

00:00 Kicking it off

00:52 Overview of episode

02:01 The emotional side of exit planning

05:40 Why you need to consider the emotional side

09:13 Sellers remorse

12:56 Your life after the sale

17:32 A transition period

22:04 The Pessimist vs the Know-It-All

27:03 Final thoughts on exit planning

29:30 Wrapping it all up

________________________________________
Disclaimer: By using this website, blog or podcast, users agree as follows: The information, services and/or products are for general information only and any reliance on the information provided therein is done at your own risk. If you make tax, accounting, investing or legal decisions after accessing this website, blog or podcast, it is recommended that you consult a qualified professional first. The views and opinions expressed are those of the author, seller, guests or publisher and do not necessarily reflect the views of the organizations or businesses that these individuals are associated with. Although we make strong efforts to make sure my information is accurate, we cannot always guarantee that the information on this website, blog or podcast is always correct, complete or up-to-date.

  continue reading

Chapters

1. Kicking it off (00:00:00)

2. Overview of episode (00:00:52)

3. The emotional side of exit planning (00:02:01)

4. Why you need to consider the emotional side (00:05:40)

5. Sellers remorse (00:09:13)

6. Your life after the sale (00:12:56)

7. A transition period (00:17:32)

8. The Pessimist vs the Know-It-All (00:22:04)

9. Final thoughts on exit planning (00:27:03)

10. Wrapping it all up (00:29:30)

51 episodes

Artwork
iconShare
 
Manage episode 481404837 series 3501629
Content provided by Jared Pilon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jared Pilon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode of the Tax Talk Podcast, we are chatting with David Prowse about the emotional side of exiting your business. You will speak with your account and lawyer about the tax and legal side of the sale, but do you consider the emotional aspects that come with selling your business? Do you have a plan in place that will ensure that you are happy and fulfilled when you move on from that project? We are going to look at why you need to consider the emotional side of exit planning and create a plan for your life after the sale.

David Prowse
M&A Evolution
[email protected]
905-337-8341

00:00 Kicking it off

00:52 Overview of episode

02:01 The emotional side of exit planning

05:40 Why you need to consider the emotional side

09:13 Sellers remorse

12:56 Your life after the sale

17:32 A transition period

22:04 The Pessimist vs the Know-It-All

27:03 Final thoughts on exit planning

29:30 Wrapping it all up

________________________________________
Disclaimer: By using this website, blog or podcast, users agree as follows: The information, services and/or products are for general information only and any reliance on the information provided therein is done at your own risk. If you make tax, accounting, investing or legal decisions after accessing this website, blog or podcast, it is recommended that you consult a qualified professional first. The views and opinions expressed are those of the author, seller, guests or publisher and do not necessarily reflect the views of the organizations or businesses that these individuals are associated with. Although we make strong efforts to make sure my information is accurate, we cannot always guarantee that the information on this website, blog or podcast is always correct, complete or up-to-date.

  continue reading

Chapters

1. Kicking it off (00:00:00)

2. Overview of episode (00:00:52)

3. The emotional side of exit planning (00:02:01)

4. Why you need to consider the emotional side (00:05:40)

5. Sellers remorse (00:09:13)

6. Your life after the sale (00:12:56)

7. A transition period (00:17:32)

8. The Pessimist vs the Know-It-All (00:22:04)

9. Final thoughts on exit planning (00:27:03)

10. Wrapping it all up (00:29:30)

51 episodes

All episodes

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