Built to Sell Radio Ep 499 After the Deal: The Hidden Cost of Generational Wealth
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Jun 20, 2025 Alex Bean, co-founder of Divvy, shares insights on the emotional rollercoaster that follows a lucrative business sale, including his $2.5 billion exit. He highlights the importance of redefining success beyond financial gains. The conversation touches on the struggles with identity shifts, the emotional burdens of wealth, and the dangers of generational wealth. Bean emphasizes fostering meaningful relationships and community impact over mere monetary pursuits, advocating for true purpose in entrepreneurship.
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Post-Sale Joy Loss
- After selling his company for $2.5 billion, Alex Bean felt a loss of joy and fulfillment, not unhappiness.
- He realized humans are wired to create and grow, not just stop working once money is secured.
Shift Focus From Money To Good
- Money should be viewed as a resource to produce good, not just to earn more money.
- Entrepreneurs should shift focus from earning money to contributing positively to the world after sale.
Avoid The 'Never Enough' Trap
- Don’t fixate on a specific number for 'enough' money because comparison traps trap you.
- Determine what you want from life to find your true 'enough' and avoid endless chasing.