225: Tips To Help You Make The Most Of Your Upcoming Liquidity Event
None of us are getting any younger.
Of course, nobody likes to be reminded of this fact — and when you are a business owner, thinking about what will happen to your business when you reach retirement age can be especially anxiety-inducing.
Joel Guth, CEO and founder of Gryphon Financial Partners, has seen countless owners grapple with this type of situation over the years and he helps clients approach future liquidity events holistically. In this episode of unsuitable, Joel will reveal how three simple questions can uncover your ideal course of action: when do you want to sell, to whom do you want to sell, and how much do you need to live the way you want after an exit?
Listen to this episode of unsuitable to learn:
The key to a fulfilling life after you exit
The pros and cons of different exit strategies
The additional and ongoing expenses that many people don’t consider when thinking about retirement