What if your exit could be the beginning of your best story, not the end?

In this deep-dive workshop-style episode, Jerome Myers reunites with Homer Smith, financial strategist and founder of Konvergent Wealth, to unpack the financial and emotional blueprint for achieving true post-exit success. Whether you’re years from selling your business or already navigating offers, this episode delivers the playbook for preserving family wealth and personal purpose.

If you're a business owner asking, "What's next?" — this one's for you.

[00:00 – 12:00] Two Paths After the Sale

• Why 70% of businesses brought to market don’t sell—and how to avoid being one of them
• The post-sale "tragedy" no one talks about
• “Only about 6% of owners who go to market are highly satisfied with the outcome.”
• The three pillars of a successful exit: business readiness, market readiness, and owner readiness

[12:01 – 26:00] The Real Reasons Founders Miss Out

• Unrealistic valuations and the myths around multiples
• Why internal partner conflict can kill a deal
• The #1 financial red flag for buyers: messy books
• The hidden danger of high customer concentration

[26:01 – 36:00] The Founder's Exit Paradox

• Jerome breaks down the emotional crash that hits post-sale
• Creating a personal life plan that aligns with the deal terms
• “Most founders are walking into a sea of nothingness.”
• How the N.E.X.T. framework (Nourish, Evaluate, eXplore, Transcend) builds clarity and confidence

[36:01 – 45:00] Planning to Win (Not Just Exit)

• Real case study: $106M egg farm deal and $20M tax savings
• Why your transaction team might be too small—or too inexperienced
• Planning five years out: why it’s never too early to optimize

[45:01 – End] Exit Into Excellence

• How post-exit optimization begins long before you close
• Jerome’s call to founders: “Don’t build a business without designing the life beyond it.”
• Resources to prepare: free whitepaper and transition readiness assessment

Key Quotes:

“The business, the market, and the owner all need to be ready.” - Homer Smith

“Only about 6% of business owners who raise their hands to go to market are highly satisfied with the outcome.” - Homer Smith

Connect with Homer Smith

Website: http://www.konvergentwealth.com/

LinkedIn: https://www.linkedin.com/in/homersmith4/

Ready for your next chapter?

Start Your Assessment Now 👉 https://theexitparadox.com/assessment

Leave a Review + Help Others Achieve a Great Legacy

If you found this episode valuable, leave us a review and share it with someone who wants to expand their business growth.

Your Next is more than a podcast—it’s a community that welcomes individuals from all backgrounds and ages, united by a shared passion for personal growth and achieving excellence.

🎧 Explore our previous episodes or learn more about our mission at https://exittoexcellence.com. Your next chapter starts here!

Learn more about your ad choices. Visit megaphone.fm/adchoices