HOW WILL YOU Navigate This Transition?
Whether you have an enormous exit or a less-than-stellar one, it can feel less like a cause for a special event and similar to a lack of self. Soon after the pleasure that comes with an exit, many founders feel a loss of identity, muddled sense of self, and reduced self-worth after the business no more belongs to them.
100 Million to what is well known today as AT&T. You would believe after successfully selling his business, the last thing Madsen would feel is lost, but this is a shared experience for many founders because who they are no longer who they understood themselves to be. How can you navigate this changeover?
Do a completion exercise. When you are completely from the business, privately execute a post-mortem or conclusion exercise. The intention of the experience is to generate an occasion to reflect on your journey. What didn’t go well? What have you learned? Any kind of loose ends that need to be tied?
Are there any discussions with people that have to be had? Turn to see what it will require powerfully complete that chapter for yourself. If something is incomplete, it’ll show up in the mind as well as your space. That’s your cue to complete it. Discover who you are and what you value.
In the lack of a built-in purpose that your business filled, Madsen recommends providing yourself time to take into account what to do in your next chapter and prevent jumping straight into something new, like he did. Remember to reflect on your values and what you would like to accomplish in your life. Answer the questions: What’s important to me?
- Familiarity with HTTP-based APIs
- 4 years back from Idyllwild Ca
- To review, identify and refine functional, content and data requirements
- Being nimble and agile must keep content fresh, engaging and relevant
- Brian is on the dean’s list
Working with people I deeply respect? Clearly list what is non-negotiable for you and what must be there in the next section. Then, within those guidelines, start to explore what excites you. Make a conscious effort to stay in the inquiry instead of getting to a remedy. You will see new options open up.
Connect with people who acquired similar experiences. You are not alone. This connection with the reduction, grief, and confusion is one that plagues many of us in the entrepreneurial space. If you cannot find a support group in your area or online, you can either start your own or reach directly to founders that have gone through this same experience out. You could see it therapeutic to talk with someone that knows precisely what you’ve been through and can share what they did to powerfully set themselves up for another stage.