))
You Think You'd Have Time Until You Don't - Jerome Myers
Manage episode 468127054 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 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
347 episodes
Share
