After the Exit/ Life Beyond Business with A.J. Lawrence | Construct your Life #693

Welcome back to "Construct Your Life." Today I have A.J. Lawrence in the house. We get into the journey of starting, managing, and exiting businesses. A.J. shares the emotional and financial nuances of selling a business and the significance of maintaining direction and purpose beyond the sale.

Summary:

In this episode, A.J. Lawrence discusses the complexities of selling and transitioning from a business you've poured your life into. From running a digital marketing agency to navigating the emotional aftermath of selling, A.J. shares his experiences and reflections. We explore the importance of setting foundational goals, adapting leadership roles, and maintaining a clear vision through the ups and downs of business ownership.

Key Highlights:

- Journey to an Exit: A.J. shares his story of starting and selling multiple businesses, focusing on his last venture—a digital marketing agency.

- The Emotional Aftermath: Discuss the challenges many face post-sale and the need to establish a new identity outside of the business.

- Business Growth Strategies: The importance of building a self-managing business and why thinking about an exit strategy early on can be beneficial.

- Maintaining Direction: How maintaining a clear "why" and adapting leadership roles can sustain long-term business success.

- Human Element in Business: The critical role of understanding the human side in business transactions and maintaining relationships during acquisitions.

Join us for a deep dive into the life of an entrepreneur who has seen both sides of the business journey. If you're interested in insights about transitioning from business ownership, you can find A.J. at Beyond8Figures.com or follow him on Twitter @ajlaurance.

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