Exit Paradox

$100M-Net-Worth Retired Founder: Chasing Energy Instead of Money

76 snips
May 2, 2024
An anonymous retired founder discusses overcoming money addiction and focusing on energy instead of wealth post-exit. They reflect on the struggles in retirement, forming an anonymous support group, balancing providing for children, and finding fulfillment in meaningful activities. The episode delves into the concept of 'enough' money, emotional reflections on selling a business, and navigating post-retirement fulfillment.
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ANECDOTE

Joyful Six Months Post-Sale

  • Jeff experienced six months of pure joy after selling his company, skiing 65 days and finally resting.
  • He actively engaged in simple pleasures like deeply listening to music, something new for him.
ADVICE

Run Your Own Retirement Race

  • Avoid following societal expectations blindly after exit; they often lead to dissatisfaction.
  • Instead, run your own race and find activities that truly energize you.
INSIGHT

CEO Habits Harm Retirement

  • Success habits like control and perfectionism are damaging in retirement.
  • Recognizing these subroutines helps transition from CEO mode to a fulfilling retired life.
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