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?

  • pentaclayBEnglish
    0·
    1 year ago

    I would say invest in real estate which will help in your retirement.

    Maybe use 50-60% of the money on Real Estate.

    Then use 5-15% on acquiring innovative products and start working on them.

    If you’re not motivated enough to work, just try to earn your monthly living so that you don’t spend from your savings. This is the bare minimum you can do.