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Explore the personal and emotional aspects of selling a SAS business. Learn about the significance of hiring the right people. Highlight the benefits of creating an organizational chart. Discuss options for the future of a business, including selling or retaining ownership. Emphasize the desire to keep progressing and the idea of listing the business on acquire.com.
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Quick takeaways
- Selling a business can evoke feelings of loss and challenge the founder's identity, highlighting the deep connection between a business and its owner beyond financial value.
- Hiring specialists and embracing delegation can help founders focus on their strengths, leading to business growth and the ability to envision future roles and the need for hiring.
Deep dives
The emotional impact of selling a business
Selling a business can lead to a sense of loss and a feeling of missing a part of oneself. The speaker shares their own experience of selling their business and feeling a deep connection to it beyond just its financial value. They highlight that businesses are often intertwined with the founder's identity, making the process of letting go challenging. However, they suggest that there are other ways to move forward and make a change.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode