The Post Exit Assessment - Jerome Myers Your Next: A Guide To Finding Fulfillment After Your Exit Hosted By Jerome Myers podcast

40:21

What if you could add $1M to your exit, without working extra years? Jerome Myers talks with Mahen Gundecha, a seasoned dealmaker, about how timing, positioning, and rolled equity can boost your exit value. Learn why most exits fail, what buyers want, and how to avoid costly delays. A must-listen for any founder thinking about an exit, now or years from now. [00:00 – 12:58] Mahen’s Global Journey + The Wake-Up Call for Founders From Tanzania to Toronto to Pennsylvania: Mahen’s backstory Why unplanned exits leave millions on the table The value of starting exit prep years before you're ready [12:59 – 24:32] What Makes a Business Truly Sellable Why only 20% of listed businesses ever sell Founder dependency: the hidden value killer How rolled equity can add major upside post-sale [24:33 – 36:25] Market Forces You Can’t Ignore: Consolidation + Competition What happens when your competitor is acquired by private equity Why does consolidation raise the risk of customer loss The importance of differentiation to stay competitive [36:26 – 48:07] When Growth Becomes a Gamble: Hope vs. Strategy Why acquisition strategies often fail without a solid plan How age affects your exit risk tolerance The danger of relying on “hope” as a growth strategy [48:08 – 1:07:47] A Smarter Path Forward: Preparation Without Pressure Why you should never negotiate with one buyer How deal fatigue kills value and momentum Tools and steps to start preparing for a clean, profitable exit Key Quotes: “Prepare your business before life forces your hand.”— Mahen Gundecha “Hope is what drives you, but you’ve got to have a plan.”— Mahen Gundecha Connect with Mahen! Email: mahen@bristol.group LinkedIn: https://www.linkedin.com/in/bristol-group/ 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…

Your Next: A Guide to Finding Fulfillment After Your Exit Hosted by Jerome Myers

1
Be Sellable: How to Attract Your Ideal Buyer Before You’re Ready - Lorraine McGregor 45:59

13 days ago45:59

45:59

What if your business could attract the right buyer before you're even ready to sell? In this episode, exit strategist Lorraine McGregor reveals why only 1–2% of businesses ever sell and how to ensure yours is one of them. She breaks down the hidden reasons exits fail, the mindset shifts founders must make, and what buyers are looking for. If you think buyers will show up when you're ready, think again. This is a must-listen for any founder considering exit, even years in advance. [00:00 – 07:00] The Harsh Truth About Business Exits Why most small businesses never sell M&A myths: Buyers don’t show up when you’re ready, they buy when it suits them How Lorraine discovered the “black box” language of M&A [07:00 – 16:00] Why Buyers Walk Away Internal chaos kills deals: unresolved partner conflicts and weak management teams The real reason exit planners and M&A brokers won’t take you on as a client What does it mean to “become the business your buyer is looking for” [16:00 – 27:00] Understanding the Mind of the Buyer The four kinds of buyers, and how each one evaluates your business Why "earning your price" is better than demanding your price Funded searchers vs. zero-money-down acquirers: the opportunity and the risk [27:00 – 38:00] From Projections to Proof Why trailing financials alone aren't enough The myth of the magical pro forma: how real buyers view projections Creating certainty in your operations to justify a higher valuation [38:00 – 45:00] The Exit Starts with Mindset The biggest mistake: building a business with no clear end in mind How to build a company that outlasts you Why being "sellable" means building value for both you and the buyer Key Quotes: “Buyers don’t buy your past, they buy your future. And they need certainty about that future.” — Lorraine McGregor “Be sellable, all the time. That’s the best thing you can do for your legacy.” — Lorraine McGregor Connect with Lorraine! Website: https://www.spiritwest.com LinkedIn: https://www.linkedin.com/in/lorrainemcgregor 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 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…

Your Next: A Guide to Finding Fulfillment After Your Exit Hosted by Jerome Myers

1
Regret Proof Your Business Part 2 - David Shavzin & Maria Forbes 27:20

20 days ago27:20

27:20

What if your team, not your revenue, is the key to a successful business exit? In Part 2 of the Regret-Proof series, Jerome Myers and Maria Forbes of Stratis Human Capital Solutions explore how people issues like misalignment, legacy hires, and founder-dependence quietly drain business value. Learn how to turn your workforce into your strongest asset, whether you’re years from selling or fielding offers now. [00:00 – 04:30] Why Human Capital Is the Missing Link in Exit Planning Human capital is a strategic value driver, not just HR Buyers assess workforce strength, leadership alignment, and role clarity Growth and exit readiness should be aligned and simultaneous [04:30 – 08:30] Alignment: The First People Challenge “Cloning yourself” limits innovation and scalability Misalignment hinders synergy, efficiency, and growth True alignment means matching instincts and strengths to roles [08:30 – 13:30] Hiring Habits: Staff vs. Stakeholders Staff support the owner's goals; stakeholders co-own company growth Stakeholder teams drive autonomy, performance, and purpose Hiring habits must evolve to boost retention and enterprise value [13:30 – 18:00] Growth Bottlenecks: Managing Alone Won’t Scale Top-down leadership reduces agility and resilience Distributed leadership unlocks execution and team potential Role mapping supports clarity, development, and onboarding [18:00 – 26:00] Regret-Proofing Through People Strategy Outdated systems and poor onboarding weaken enterprise value A healthy, independent, connected workforce attracts buyers Start early to ensure your exit results in pride, not regret Key Quotes: “Alignment is a value driver. When you’re in good alignment, a potential buyer can see that.” — Maria Forbes “If you’re calling them staff, then they are your supporters. If you’re calling them your team, then they’re stakeholders in the growth of your company.”— Maria Forbes Connect with David! Website: https://getonthevaluetrack.com/ LinkedIn: https://www.linkedin.com/in/davidshavzin/ Connect with Maria! Website: https://firepowerteams.com/ LinkedIn: https://www.linkedin.com/in/mariacforbes/ 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…

Your Next: A Guide to Finding Fulfillment After Your Exit Hosted by Jerome Myers

1
Regret Proof Your Business Part 1 - David Shavzin & Maria Forbes 34:28

27 days ago34:28

34:28

What if selling your business could be the proudest moment of your career, not your biggest regret? In this episode, Jerome Myers talks with David Shavzin, founder of The Value Track and co-founder of the Exit Planning Exchange Atlanta. With decades of experience in exit planning and M&A, David shares why so many entrepreneurs feel disappointed after selling, and how you can avoid it. Discover how to think like a buyer, increase your business's transferable value, and prepare for a successful, meaningful exit. If you’re ready to transition from business owner to legacy builder, you won’t want to miss this conversation. [00:00 – 07:50] The Cost of Poor Planning 75% of owners regret selling, early planning is the antidote Baby Boomer wealth transfer = huge opportunities + huge risks Lack of preparation = loss of personal and generational wealth [07:50 – 23:50] Own the Buyer’s Mindset Big myths busted: quick exits, easy deals, setting your price Buyers pay for cash flow, not dreams Make yourself irrelevant to maximize business value [23:50 – 33:00] Valuation Truths and the Realities of Selling Your Business Industry multiples mislead, true value is complex and specific Expect a 9–18-month sales process full of due diligence landmines Clean financials and strong prep = higher price and faster close [33:00 – 42:00] Flex Your Exit: Deal Structures and Dream Teams Not all exits are cash-outs, mergers, internal transitions, and family sales matter Flexible structures win Assemble your exit dream team early: M&A advisor, CPA, attorney, financial planner [42:00 – 46:00] How to Regret-Proof Your Business Sale Get laser-clear on personal and financial goals Build a company that thrives without you Start planning NOW, the future-you will thank you Key Quotes: “Think like a buyer as you grow your company.” — David Shavzin “If you want to sell your company successfully, your goal should be to make yourself irrelevant.” — David Shavzin Connect with David! Website: https://getonthevaluetrack.com/ LinkedIn: https://www.linkedin.com/in/davidshavzin/ Connect with Maria! Website: https://firepowerteams.com/ LinkedIn: https://www.linkedin.com/in/mariacforbes/ 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…

Your Next: A Guide to Finding Fulfillment After Your Exit Hosted by Jerome Myers

1
Beyond Willpower: Designing Effective Forcing Mechanisms for Success - Matthew Jarvis 51:11

5 weeks ago51:11

51:11

What does it look like to engineer a business that serves your life—and not the other way around? Matthew Jarvis, founder of Jarvis Financial and co-founder of The Perfect RIA, built a thriving financial advisory firm designed for freedom. In this episode, Matthew opens up about building a “lifestyle practice,” navigating the emotional landmines of succession, and making bold moves (like taking 150+ days off a year!) without sacrificing business performance. Expect honest stories about designing a business around your values, preparing for exit from day one, and why impact, not just income, should be the endgame. If you're looking to exit right, not just exit rich, this episode will shift your thinking. [01:13 – 08:12] Design Your Life First Life by Design: Matthew shares how he built a business to support his ideal lifestyle Lifestyle Practice: Intentional client selection and lean operations Personal Metrics: Why time off mattered more than AUM growth Early Vision: Planning for exit even in the early years of growth [08:12 – 18:49] Exiting on Purpose Succession Strategy: Hand-picking his successor with the intention Founder Ego: Wrestling with identity and letting go of being “the guy” Trust and Letting Go: Setting the team up for success post-transition The Real Timeline: Why a clean break was the healthiest move [18:49 – 29:06] Impact Over Income Beyond the Check: How purpose played into exit planning The Perfect RIA: Building a second business to help others escape the grind Systems + Values: Operational freedom with a high-integrity culture Mission Alignment: The joy of helping others build lifestyle practices [29:06 – 38:55] Life After Exit Rhythms Post-Exit: How Matthew structures his time now Avoiding the Void: Creating new challenges to stay engaged Family + Freedom: Prioritizing relationships and global experiences Reinvention: The exit isn’t the end, it’s the beginning of significance [38:55 – 46:00] Advice for Founders Start With Why: Design your business with your life in mind Get a Coach: The power of external insight Exit Readiness: Don’t wait until burnout to start the process Leave a Legacy: Measure success by your impact, not just your income Key Quotes: “If willpower were enough, we wouldn't have this discussion. I need a forcing mechanism.”— Matthew Jarvis “Successful people do things again and again. If I do those things, I’ll probably get similar results.”— Matthew Jarvis Connect with Matthew! Website: https://www.theperfectria.com LinkedIn: https://www.linkedin.com/in/mpjarvis/ 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…

Your Next: A Guide to Finding Fulfillment After Your Exit Hosted by Jerome Myers

1
Paychecks to Purpose: The 8 Exits of a Founder - Jerome Myers 1:00:43

6 weeks ago1:00:43

1:00:43

Most people think money is the biggest barrier to leaving their job—but they’re wrong. In this powerful mastermind session, Jerome Myers joins real estate investors and corporate pros to reveal the real cost of walking away: emotional, mental, and operational. Drawing from his leap from corporate at the peak of success, Jerome shares hard-earned lessons on why most exits fail, the myths of passive income, and what truly makes wealth worth building. If you're dreaming of leaving your W2 or already have, this conversation will shake your assumptions and refocus your purpose. Press play and discover what it takes to build a life of freedom and fulfillment. [00:00 – 04:57] Real People at the Edge of a Leap Investor intros: career paths and exit goals Common thread: W2 jobs and uncertainty Jerome sets the tone for real talk [04:58 – 11:45] Jerome’s Exit Story Built a $20M division—then told to downsize Choose values over comfort and quit Faced with cash flow struggles with no plan [11:46 – 20:59] Freedom Numbers & False Starts Most don’t know their real “freedom number.” Passive income takes time and capital Going from six figures to zero is a real risk Know what life—not lifestyle—costs [21:00 – 34:15] Chief Everything Officer Startup life is messy, lonely, and intense You’ll do everything—from admin to investor calls Visibility is leverage, not vanity Faceless brands fail in today’s market [34:16 – 48:15] Purpose Over Passive Real estate cash flow isn’t instant Wealth comes from exits and expertise Consulting often beats syndication Purpose fuels fulfillment; money alone doesn’t [48:16 – 59:00] Doubt, Purpose & the Real Work Doubt lingers, even with a plan Mission matters more than ego Money without purpose leads nowhere We exit to do our real work Key Quotes “The biggest mistake I made in my transition from an employee to a founder was trying to build a faceless brand.” - Jerome Myers “The only way your life ever matters is if you are positively impacting the lives of other people.” - 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…

Your Next: A Guide to Finding Fulfillment After Your Exit Hosted by Jerome Myers

1
Letting Go on Purpose: A Founder’s Guide to Exiting Right with Julie Cole 43:51

7 weeks ago43:51

43:51

What happens when your business becomes your identity, and you sell it? Julie Cole, co-founder of Mabel’s Labels, went from lawyering to label-making, raising six kids while helping build a household name from her sister’s basement. She opens up about the unexpected acquisition, how her team navigated co-founder dynamics, and the emotional complexity of stepping back while staying connected to the brand. Expect stories of scrappy beginnings, smart business moves, the real challenges of exiting with multiple partners, and how to redefine purpose after the deal is done. If you've ever wondered what success looks like on the other side of the sale, this conversation pulls back the curtain. [01:26 – 07:26] From Basement to Brand Intro & Vision: Julie introduces herself and the idea Bootstrapping: Four founders and personal drive kickstarted the venture Real Need: A product born from personal challenges Validation: Early word-of-mouth proved the concept [07:26 – 16:44] Building the Machine Team Dynamics: Clear roles and communication were key Growth: Evolving from the basement to professional facilities Market Response: Early press and customer love validated the idea Scaling: Strategic hires helped avoid burnout and silos [16:44 – 24:18] Exit Strategy in Real Time Acquisition Offer: Avery’s unexpected proposal turned real fast Valuation: Negotiated to reflect future growth Due Diligence: Smooth process with the right advisors Transition: Julie shifted to a brand evangelist role post-sale [24:18 – 32:00] Life After Exit Identity Shift: Founders faced new emotional challenges New Paths: Some moved into coaching, real estate, and mentoring Relationship Changes: Less frequent, but meaningful connections remain Community: Speaking and mentorship filled the post-exit gap [32:00 – 43:00] Legacy Building for Founders Plan Early: Your exit strategy shapes your growth Advisors Matter: Surround yourself with trusted experts Stay Focused: Avoid deal fatigue; keep the business thriving Key Quotes: “When you start your company, you should be thinking about your exit… That’s your JOB.” — Julie Cole "Surround yourself with people who are smarter than you—and never try to navigate a sale on your own." — Julie Cole Connect with Julie! Website: https://mabelslabels.com/ LinkedIn: https://www.linkedin.com/in/julie-cole-llb-ma-3794671/ 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…

Your Next: A Guide to Finding Fulfillment After Your Exit Hosted by Jerome Myers

1
Think Long-Term: The Key to Winning at Taxes - Steven Jarvis 39:36

8 weeks ago39:36

39:36

How do high-earning professionals maximize their financial opportunities while avoiding common tax pitfalls? In this insightful conversation, Jerome Myers sits down with Steven Jarvis, a tax strategist dedicated to helping business owners and professionals confidently navigate tax planning. Steven shares actionable strategies to optimize tax savings, uncover overlooked deductions, and build a proactive approach to financial planning. Whether you're a seasoned entrepreneur or just getting started, this episode will equip you with the knowledge to make tax-smart decisions that align with your financial goals. [00:00 - 06:42] The Importance of Proactive Tax Planning Avoiding Common Mistakes – Why waiting until tax season can cost you thousands Mindset Shift – Taxes are not just an annual burden but an ongoing financial strategy Collaboration is Key – Working with CPAs and financial advisors can uncover hidden opportunities [06:43 - 14:28] Maximizing Deductions & Reducing Liability Hidden Tax Savings – How to identify deductions that most professionals overlook Business Structuring – The impact of entity selection on tax efficiency. Retirement Contributions – Leveraging retirement accounts for long-term tax benefits [14:29 - 22:15] Common Tax Myths Debunked Myth: "I’m Too Small for Tax Planning" – Why every income level benefits from strategy The Audit Fear Factor – Understanding IRS red flags versus legitimate deductions Write-Offs vs. Cash Flow – Why a deduction doesn’t mean "free money" [22:16 - 30:04] Long-Term Wealth Strategies Through Tax Planning Tax-Efficient Investing – Maximizing returns while minimizing tax burdens Estate & Legacy Planning – Setting up structures that benefit future generations Giving Strategically – How philanthropy and tax planning intersect [30:05 - 38:51] Practical Steps to Implement Right Now Reviewing Past Returns – Uncovering missed deductions and amending returns Quarterly Tax Planning – Avoiding surprises and optimizing cash flow Building a Tax Strategy Team – Why collaboration creates the best outcomes Key Quotes: "Tax planning isn’t about avoiding taxes—it’s about paying exactly what you owe, not a penny more." - Steven Jarvis "The best way to get ahead on taxes is to think about them long term." - Steven Jarvis 🚀 Ready to Take Control of Your Exit Strategy? 🚀 Don't leave your business exit to chance! Join The Ultimate Exit Playbook and gain the insights, strategies, and tools to build a profitable, stress-free exit plan. Whether you're years away or planning your next big move, this event is your roadmap to success. Avail your spot now! 👉 https://theperfectriaevents.com/06-02-25-ultimate-exit-playbook Connect with Steven! Website: https://retirementtaxservices.com/ LinkedIn: https://www.linkedin.com/in/stevenajarvis/ 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…

Your Next: A Guide to Finding Fulfillment After Your Exit Hosted by Jerome Myers

1
Mind Over Money: Managing the Emotional Rollercoaster of Exiting - Jerome Myers 48:06

9 weeks ago48:06

48:06

Selling a business is often seen as the ultimate victory, but what happens when the excitement fades and uncertainty sets in? In this episode, Jerome Myers, America's leading exit authority, uncovers founders' emotional and psychological challenges after selling their businesses. Many assume financial freedom will bring fulfillment, only to feel lost, disconnected, or restless. Jerome reveals the hidden traps of the exit journey and provides actionable insights to help founders transition with clarity and purpose. Learn how to avoid the everyday post-exit struggles and step confidently into your next chapter. [00:00 - 06:45] The Founder’s Exit Paradox Exiting a business isn’t just a financial transaction—it’s a personal transformation. Many founders assume wealth will bring fulfillment, but the reality is often differen.t The sudden loss of structure, identity, and purpose can be overwhelming Planning beyond the financials and preparing for emotional shifts is the key to a successful exit [06:46 - 15:58] The Wealth & Purpose Trap Financial freedom doesn’t automatically provide meaning or direction Without a structured plan, founders either jump into distractions or drift aimlessly True fulfillment comes from intentionally designing a life that aligns with personal values Success and fulfillment are different— wealth doesn’t guarantee happiness [15:59 - 25:22] Identity Crisis: Who Am I Without My Business? Your business shaped your daily routine, social circles, and sense of significance. Post-exit, many founders struggle with a loss of identity Some overcorrect by launching another company too soon, while others remain limbo The key is to separate your identity from your business before the exit [25:23 - 37:44] The Six Centers of Doubt Founders experience post-exit uncertainty in six key areas Preparing for these challenges in advance prevents post-exit regret [37:45 - 47:20] Designing a Fulfilling Next Chapter Avoid the trap of waiting until after the exit to figure out what’s next Define what success looks like beyond financial wealth Structure your post-exit life intentionally—focus on contribution, growth, and purpose Take the Exit Readiness Assessment to prepare for a smooth transition Key Quotes: “Freedom without purpose is just emptiness.” - Jerome Myers “Success and fulfillment are not the same—you can win the game and still feel like something is missing.” - Jerome Myers “When money is no longer the problem, you realize how many of your real challenges were never about money in the first place.” - 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…

Your Next: A Guide to Finding Fulfillment After Your Exit Hosted by Jerome Myers

1
You're Not Just Exiting a Company—You're Exiting an Identity - Jerome Myers 7:39

10 weeks ago7:39

7:39

What if selling your business didn’t bring the fulfillment you expected? While most discussions around business exits focus on valuation, deal structures, and financial freedom, few address the emotional toll that follows. In this episode, Jerome Myers, America's leading exit authority, unpacks the silent costs of selling a business—the identity crisis, emotional void, and six centers of doubt that can leave founders feeling lost. He shares why 75% of entrepreneurs regret their exits and reveals a four-step framework to help navigate post-exit life with clarity and purpose. If you’re planning an exit or struggling with what comes next, this episode is your guide to designing a fulfilling next chapter. [00:00 - 01:15] Introduction: The Emotional Toll of Selling Your Business Exiting a business isn’t just financial—it’s personal and emotional Many founders feel lost, questioning their identity after selling This episode uncovers what happens emotionally after an exit [01:16 - 03:09] The Six Centers of Doubt Every Founder Faces Self-Image: “Who am I without my business?” Relationships: “Do I still belong if my network was tied to my company?” Work: “I need something to do, but what?” Health: “I sacrificed my well-being—can I fix it now?” Prosperity: “I have time and money, but am I using them wisely?” Significance: “What is my impact beyond the business I built?” [03:10 - 04:44] Why 75% of Founders Regret Their Exit Without a clear post-exit vision, many founders fall into one of two traps A company doesn’t automatically bring fulfillment—it must be intentionally designed [04:45 - 06:00] The Four-Step Process to Exit with Clarity Nourish: Take time to recover and reflect Explore: Identify what truly excites and fulfills you Evaluate: Test new paths before committing too soon Transcend: Step thoroughly into your next chapter with confidence [06:01 - 06:54] Taking Action: Designing Your Next Chapter The key to a successful exit is preparing beyond financials Jerome’s Exit Readiness Assessment helps founders determine if they’re genuinely exit-ready Instead of suffering in silence, founders should proactively plan for their next phase Key Quotes: “The moment you sell, you’re not just exiting a company—you’re exiting an identity.” - Jerome Myers “You either design your next chapter with intention or drift into regret.” - 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! You sold your business… now what? No one warns you about the identity crisis, the void, or the doubts that creep in after the deal is done. 75% of entrepreneurs regret their exit but it doesn’t have to be that way. In this episode, I break down the hidden costs of selling and share my four-step framework to help you navigate what’s next with clarity and purpose. Don’t let your exit become your regret. 🎧 Listen now: #BusinessExit #LifeAfterExit #BeyondTheDeal Learn more about your ad choices. Visit megaphone.fm/adchoices…

Your Next: A Guide to Finding Fulfillment After Your Exit Hosted by Jerome Myers

1
The Five Scars of Success: How Struggle Fuels High Achievers - Jerome Myers 12:11

11 weeks ago12:11

12:11

Success often comes at a cost. In this episode, Jerome Myers explores the Five Scars of Success—key life experiences that shape high-achieving entrepreneurs: conditional love, suicidal ideation, financial ruin, near-death experiences, and early loss of a loved one. While these experiences fuel ambition, they can also make business exits emotionally complex. Jerome shares how to reframe these scars to build a fulfilling next chapter beyond business ownership. [00:00 - 01:00] Introduction & The Five Scars of Success A reminder to check in on others. Success is often shaped by personal struggles. Exiting a business is about more than money. [01:01 - 03:00] Scar #1: Conditional Love Achievementis tied to receiving love. Creates a need for external validation. Must redefine self-worth beyond success. [03:01 - 04:30] Scar #2: Suicidal Ideation High-pressure success leads to dark moments. Many founders struggle in silence. Support systems are crucial. [04:31 - 06:00] Scar #3: Financial Ruin Many experience major financial loss. Fear of failure fuels relentless drive. Rebuilding is possible with resilience. [06:01 - 07:30] Scar #4: Near-Death Experience Facing mortality changes perspective. Creates urgency to leave an impact. Can lead to overworking and burnout. [07:31 - 09:00] Scar #5: Early Loss of a Loved One Loss fuels the drive for legacy. First businesses often aren’t true legacies. Purpose must go beyond financial success. [09:01 - 11:00] How These Scars Affect Exiting a Business More scars make letting go harder. Identity is often tied to business. Exits should be about fulfillment, not loss. [11:01 - 12:30] Moving Forward: Healing & Redefining Success These scars shape, but don’t define, us. Healing means using them as fuel. The exit is just the start of something greater. Key Quotes: “Healing isn’t about forgetting the scars—it’s about using them to fuel your next chapter.” “Most founders don’t realize that their first business isn’t their legacy; it’s what they build after they exit.” 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…

Your Next: A Guide to Finding Fulfillment After Your Exit Hosted by Jerome Myers

1
If You Can Dream It, You Can Achieve It - Michelle Jacobik 50:11

12 weeks ago50:11

50:11

What if the life you've carefully built suddenly changes—whether through divorce, a business exit, or an unexpected transition? How do you redefine success when everything familiar is gone? Michelle Jacobik, a financial expert and entrepreneur, shares her firsthand experience of navigating these pivotal moments. She and host Jerome Myers discuss rebuilding financial stability, rediscovering personal identity, and cultivating a mindset that fosters lasting success. Expect raw honesty, practical guidance, and an inside look at the steps needed to create a fulfilling next chapter. Tune in to gain the confidence and strategies to embrace change and turn uncertainty into opportunity. [00:00 - 03:14] - The Power of Support & Mindset Shifts Purpose, values, and gifts define contributions Support systems are essential for growth Mindset impacts success [03:15 - 12:29] - Navigating Divorce and Financial Transitions Divorce is both emotional and financial Plan for financial stability post-divorce Avoid emotional spending [12:30 - 24:39] - Redefining Success: Money as a Tool, Not Security Money offers stability, not identity Financial habits shape outcomes True success aligns with values [24:40 - 35:49] - Avoiding Burnout and Planning Your Exit Burnout signals need for change Build a business with an exit plan Seek support for smoother transitions [35:50 - 44:19] - Financial Runway & Business Success Businesses take time and money Have at least a one-year financial cushion Align business and personal finances [44:20 - 49:26] - Creating a Business by Design, Not Default Business models should align with goals Core values guide strategy Growth comes from learning and mentorship Key Quotes: "If you can dream it, you can achieve it." – Michelle Jacobik "A business built for cash flow alone is a trap. A business built to exit is freedom." – Michelle Jacobik Connect with Michelle! Website: https://michellejacobik.com/ LinkedIn: https://www.linkedin.com/in/michellejacobik/ 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…

Your Next: A Guide to Finding Fulfillment After Your Exit Hosted by Jerome Myers

1
You Think You'd Have Time Until You Don't - Jerome Myers 19:12

13 weeks ago19:12

19:12

What if the biggest myth about exit planning is also the most dangerous? In this solo episode, Jerome Myers, America's leading exit authority, breaks down the costly mistake founders make—waiting too long to plan their next move. He shares hard-hitting insights on the Founder’s Exit Paradox and why delaying the conversation about “what’s next” can leave you lost, unfulfilled, or even financially vulnerable. Jerome explores the excuses founders tell themselves, the four unexpected reasons entrepreneurs are forced to exit, and the ultimate question every business owner should ask: If you only had six months left before you had to exit, what would you do differently today? [00:00 - 02:44] The Exit Paradox: The Dangerous Myth That’s Holding You Back Waiting too long to plan leads to regret Exit is a transition, not the end Are you exiting from or to something? [02:45 - 008:51] The Three Excuses Founders Use to Delay Their Next Move “I’m too busy.” Avoiding the future creates problems “I don’t know what’s next.” Clarity comes from action “I love what I do.” Staying too long can cost you [08:52 - 13:48] The Four Unexpected Reasons Founders Are Forced to Exit Burnout: Overworking leads to exhaustion Death/Disease: Without you, does your business survive? Divorce: Work-life imbalance strains relationships Market Forces: Timing impacts exit success [13:49 - 16:57] Exit Planning as a Responsibility, Not an Afterthought Businesses relying on founders are worth less Liquidity creates freedom and security Innovative founders build self-sustaining companies [16:58] The Critical Question Every Founder Must Ask What would you prioritize with six months left? The Exit Readiness Assessment reveals blind spots Take action before time forces your hand. Key Quotes: “If you had six months before your exit, what would you do differently today?” - Jerome Myers “The biggest lie founders tell themselves is, ‘I’ll figure it out when the time comes.’” - 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…

Your Next: A Guide to Finding Fulfillment After Your Exit Hosted by Jerome Myers

1
Hip Hop x Finance: What Hip-Hop Can Teach You About Wealth - Drew Boyer 40:45

14 weeks ago40:45

40:45

What if your relationship with money determined your freedom? Most people chase wealth, but few truly understand how to manage it in a way that brings lasting security and fulfillment. Are you making financial decisions that serve your future, or are you unknowingly setting yourself up for financial traps? Jerome Myers sits down with Drew Boyer, author of Hip Hop & Finance, to explore the financial lessons hidden in hip-hop. From MC Hammer’s financial downfall to 50 Cent’s unexpected business acumen, this conversation unpacks the actual cost of economic ignorance, and the mindset shifts needed to build lasting wealth. Expect powerful stories, hard-earned wisdom, and a fresh perspective on personal finance that blends music, culture, and money in a way you’ve never heard before. [00:00 - 00:59] The Inspiration Behind Hip Hop & Finance Jerome introduces Drew and his book How hip-hop lyrics teach financial lessons Drew’s journey from drummer to finance Why financial education should be accessible [03:00 - 08:49] The Psychology of Money & Breaking Free from Debt How early money habits shape life The impact of comparison culture Drew’s experience with debt Recognizing and correcting money mistakes [08:50 - 14:54] Celebrity Money Mistakes: MC Hammer & 50 Cent MC Hammer’s $72M downfall 50 Cent’s vitamin water deal vs. bad investments The hidden costs of luxury homes The need for truth-tellers, not yes-men [14:55 - 21:44] What to Do With a Windfall & Avoiding Lifestyle Inflation Innovative steps for handling sudden wealth Why financial professionals matter Delayed gratification vs. impulse spending Investing in experiences and assets [21:45 - 33:19] Estate Planning & Protecting Your Legacy The chaos of dying without a will Lessons from Tupac, Mac Miller, and Takeoff Setting up trusts and legal documents Bob Marley’s estate planning mistake [33:20 - 40:00] The Key to Financial Success: Education & Patience Why financial literacy is key The power of patience and long-term thinking Controlling emotions in financial decisions Understanding money before you have it Key Quotes: "Some people spend their whole lives working hard but never learn to make money work for them." - Drew Boyer "The only person you should ever compare yourself to is who you were a year ago." - Drew Boyer Connect with Drew! Website: https://hiphopxfinance.com/ LinkedIn: https://www.linkedin.com/in/drew-w-boyer-cfp/ 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…

Your Next: A Guide to Finding Fulfillment After Your Exit Hosted by Jerome Myers

1
Happiness Isn’t Something You Chase, It’s a Byproduct - Walter Paulsen 42:14

15 weeks ago42:14