184: Part 2: How to Let Go of Your Business The Right Way When It's Time to Sell, with Denise Logan
Thank you for listening to our Finding Brave show, ranked in the Top 100 Apple Career Podcasts!
“Whether we are retiring, selling a business, or we can no longer work because of an illness or caring for a family member, we will all leave our work. So how are we preparing for this transition, just like we prepare our children to transition into their careers?” - Denise Logan
In last week’s episode I welcomed an expert guest to talk about the issues often faced by business owners looking to sell their businesses, and what struggles they often face as they prepare for this life-changing transition. The conversation was such a riveting one (and I was learning so much!), that we decided to make it a special two-part episode, with the conclusion airing today.
Denise Logan knows that to business owners, selling a business is more than a transaction. To them, it is often an emotionally fraught period of transition, filled with unexpected highs and lows, with no clear vision of what waits at the end for them and their family. Her passion for this work is colored by her own experience of being an unprepared business owner who made an abrupt and choppy exit from her company, after ignoring the signs that it was time for several years.
She is the author of The Seller’s Journey: A Business Fable about Navigating the Emotional Obstacles to Selling Your Business, and has addressed more than five hundred audiences on three continents about the psychology of business owners and how to make it easier when the time comes to let go.
As a business owner myself, I can relate deeply to everything Denise shares, including issues around our own self-identity and how we focused our time and energy, and what happens to our sense of purpose, meaning and identity as human beings as we consider letting go of the work we’ve done for years that has brought us great fulfillment and joy. Whatever situation you find yourself in, whether as a business owner or employee looking to make a transition to a new role, you are sure to get value from the wisdom Denise shares today, and in last week’s episode.
To learn more about today's guest, visit: https://deniselogan.com/
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