Safe Space with Francesco Lombardo

Finding New Purpose After Business Ownership

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Nov 12, 2024
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ANECDOTE

Sentimental Legacy of Selling

  • Gillian Stein found the emotional process of selling her family business surprisingly sentimental despite her pragmatic view of it as an asset.
  • She recognizes that although they no longer own the business, the family's legacy lives on in stories and identity.
INSIGHT

Identity Tied to Business

  • Identity often intertwines deeply with business ownership, making transition emotionally difficult.
  • Letting go feels like releasing a part of oneself, even though the business continues independently.
INSIGHT

Emotional Overlook in Transitions

  • Business advisors often underestimate the importance of addressing emotional aftermaths in business transitions.
  • Human beings cling deeply to their identity and resist its loss, complicating transitions.
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