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The Overlooked Leg of the Stool: Why Post-Exit Success is the Key to a Complete Exit Plan - Jerome Myers

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Content provided by Jerome Myers - Exit Paradox Advisor and Jerome Myers - Advisor to exiting founders. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jerome Myers - Exit Paradox Advisor and Jerome Myers - Advisor to exiting founders 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://ppacc.player.fm/legal.

What happens after the founder exits? Too often, regret, confusion, and loss of identity.

In this powerful session from the Exit Planning Institute, Jerome Myers delivers a wake-up call: most exit plans ignore the human element. While others focus on finances and operations, Jerome highlights the missing pillar: personal planning.

Press play and rethink what it means to exit with excellence.

[00:00 – 12:00] Exit is Inevitable, But Fulfillment is Not

  • 100% of founders will exit: “Sell it, give it away, or close it.”
  • Most advisors ignore personal planning, but it’s what leads to regret
  • “The stool wobbles without the third leg. We’re building incomplete exits.”

[12:01 – 25:00] The Founder’s Exit Paradox

  • The paradox: rich and free, but lost
  • “They decouple their identity from the business and enter a void.”
  • Common regrets: loss of purpose, isolation, status drop, boredom
  • Why does money only solve 2 of the 5 levels in Maslow’s hierarchy

[25:01 – 38:00] Six Centers of Doubt: The Hidden Struggles

  • Introducing the Exit Paradox Iceberg
  • Self-image, Relationships, Work, Health, Prosperity, Significance
  • “If you don’t know where you’re going, you won’t like where you end up.”
  • 60% of founders’ core relationships disappear post-exit

[38:01 – 48:15] From “What’s Next?” to N.E.X.T.

  • Nourish, Evaluate, Xplore, Transcend: a framework for life after exit
  • “Most are exiting from, not to. That’s why they regret it.”
  • How Jerome helped his father find purpose again, becoming a mayor in his 60s

[48:16 – End] Real Tools, Real People, Real Legacy

  • The NEO Assessment: Six archetypes for post-exit personality
  • “Ask your clients: What are you optimizing for, money or fulfillment?”
  • Advisors: why you need to engage the personal side, or risk losing the AUM
  • “The only way your life ever matters is if you are positively impacting other people's lives.”

Key Quotes:

“Money solves the first two levels of Maslow’s hierarchy. Everything after that - purpose, belonging, impact - needs something deeper.” – Jerome Myers

“The biggest problem in exit planning is that most founders are exiting from instead of exiting to.” – Jerome Myers

Ready for your next chapter?

Start Your Assessment Now 👉 https://theexitparadox.com/assessment

Leave a Review + Help Others Achieve a Great Legacy

If you found this episode valuable, leave us a review and share it with someone who wants to expand their business growth.

Your Next is more than a podcast—it’s a community that welcomes individuals from all backgrounds and ages, united by a shared passion for personal growth and achieving excellence.

🎧 Explore our previous episodes or learn more about our mission at https://exittoexcellence.com. Your next chapter starts here!

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

353 episodes

Artwork
iconShare
 
Manage episode 487617283 series 2848647
Content provided by Jerome Myers - Exit Paradox Advisor and Jerome Myers - Advisor to exiting founders. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jerome Myers - Exit Paradox Advisor and Jerome Myers - Advisor to exiting founders 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://ppacc.player.fm/legal.

What happens after the founder exits? Too often, regret, confusion, and loss of identity.

In this powerful session from the Exit Planning Institute, Jerome Myers delivers a wake-up call: most exit plans ignore the human element. While others focus on finances and operations, Jerome highlights the missing pillar: personal planning.

Press play and rethink what it means to exit with excellence.

[00:00 – 12:00] Exit is Inevitable, But Fulfillment is Not

  • 100% of founders will exit: “Sell it, give it away, or close it.”
  • Most advisors ignore personal planning, but it’s what leads to regret
  • “The stool wobbles without the third leg. We’re building incomplete exits.”

[12:01 – 25:00] The Founder’s Exit Paradox

  • The paradox: rich and free, but lost
  • “They decouple their identity from the business and enter a void.”
  • Common regrets: loss of purpose, isolation, status drop, boredom
  • Why does money only solve 2 of the 5 levels in Maslow’s hierarchy

[25:01 – 38:00] Six Centers of Doubt: The Hidden Struggles

  • Introducing the Exit Paradox Iceberg
  • Self-image, Relationships, Work, Health, Prosperity, Significance
  • “If you don’t know where you’re going, you won’t like where you end up.”
  • 60% of founders’ core relationships disappear post-exit

[38:01 – 48:15] From “What’s Next?” to N.E.X.T.

  • Nourish, Evaluate, Xplore, Transcend: a framework for life after exit
  • “Most are exiting from, not to. That’s why they regret it.”
  • How Jerome helped his father find purpose again, becoming a mayor in his 60s

[48:16 – End] Real Tools, Real People, Real Legacy

  • The NEO Assessment: Six archetypes for post-exit personality
  • “Ask your clients: What are you optimizing for, money or fulfillment?”
  • Advisors: why you need to engage the personal side, or risk losing the AUM
  • “The only way your life ever matters is if you are positively impacting other people's lives.”

Key Quotes:

“Money solves the first two levels of Maslow’s hierarchy. Everything after that - purpose, belonging, impact - needs something deeper.” – Jerome Myers

“The biggest problem in exit planning is that most founders are exiting from instead of exiting to.” – Jerome Myers

Ready for your next chapter?

Start Your Assessment Now 👉 https://theexitparadox.com/assessment

Leave a Review + Help Others Achieve a Great Legacy

If you found this episode valuable, leave us a review and share it with someone who wants to expand their business growth.

Your Next is more than a podcast—it’s a community that welcomes individuals from all backgrounds and ages, united by a shared passion for personal growth and achieving excellence.

🎧 Explore our previous episodes or learn more about our mission at https://exittoexcellence.com. Your next chapter starts here!

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

353 episodes

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