Hey guys, I have recently sold my business for multiple 6-figures (between 100k and 500k) and now I’m feeling lost and almost a bit depressed.

I always thought that exiting a business would bring me joy but it was almost the opposite.

I find myself in a strange situation where I have enough money not to have to work for a bit, but not enough to retire, and at the same time since I don’t have any new money coming in, I found myself becoming extremely frugal.

I tried starting new projects but I often find myself getting discouraged because the project doesn’t start working right away. Additionally, since I’m venturing into something new that I’ve never done before, doubts start creeping into my mind.

Alongside these doubts, there is also the fear of investing a significant amount of money into this project, and after seeing it fail finding myself in the same financial situation I was in before the exit.

Can any of you relate to this situation? Do you have any suggestions?

  • hornshacksBEnglish
    1·
    1 year ago

    First off, congrats on the exit! 🚀 It’s a huge achievement, but I totally get the post-exit blues. It’s like finishing a great TV series and not knowing what to watch next. Your business was your show, and now you’re browsing Netflix with a blank stare. Remember, it’s okay to feel lost; you’ve just closed a major chapter.

    Here’s a thought: why not treat this phase as your ‘pilot season’? Experiment with different ‘genres’ (projects). Some pilots fail, but that’s how you find your next hit series. And about being frugal, it’s not Scrooge behavior, it’s smart. Keeps you grounded!

    About the fear of investing, ever heard of the ‘Mini-Musk’ strategy? Think of Elon Musk post-PayPal. He went all-in with his next ventures, but you don’t have to. Invest small, test your ideas like mini-rockets, and see which one is ready for Mars. 🚀

    And hey, most importantly, take time to celebrate your success. You’ve earned it! 🎉