The Overlooked Leg of the Stool: Why Post-Exit Success is the Key to a Complete Exit Plan - Jerome Myers
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What happens after the founder exits? Too often, regret, confusion, and loss of identity.
In this powerful session from the Exit Planning Institute, Jerome Myers delivers a wake-up call: most exit plans ignore the human element. While others focus on finances and operations, Jerome highlights the missing pillar: personal planning.
Press play and rethink what it means to exit with excellence.
[00:00 – 12:00] Exit is Inevitable, But Fulfillment is Not
- 100% of founders will exit: “Sell it, give it away, or close it.”
- Most advisors ignore personal planning, but it’s what leads to regret
- “The stool wobbles without the third leg. We’re building incomplete exits.”
[12:01 – 25:00] The Founder’s Exit Paradox
- The paradox: rich and free, but lost
- “They decouple their identity from the business and enter a void.”
- Common regrets: loss of purpose, isolation, status drop, boredom
- Why does money only solve 2 of the 5 levels in Maslow’s hierarchy
[25:01 – 38:00] Six Centers of Doubt: The Hidden Struggles
- Introducing the Exit Paradox Iceberg
- Self-image, Relationships, Work, Health, Prosperity, Significance
- “If you don’t know where you’re going, you won’t like where you end up.”
- 60% of founders’ core relationships disappear post-exit
[38:01 – 48:15] From “What’s Next?” to N.E.X.T.
- Nourish, Evaluate, Xplore, Transcend: a framework for life after exit
- “Most are exiting from, not to. That’s why they regret it.”
- How Jerome helped his father find purpose again, becoming a mayor in his 60s
[48:16 – End] Real Tools, Real People, Real Legacy
- The NEO Assessment: Six archetypes for post-exit personality
- “Ask your clients: What are you optimizing for, money or fulfillment?”
- Advisors: why you need to engage the personal side, or risk losing the AUM
- “The only way your life ever matters is if you are positively impacting other people's lives.”
Key Quotes:
“Money solves the first two levels of Maslow’s hierarchy. Everything after that - purpose, belonging, impact - needs something deeper.” – Jerome Myers
“The biggest problem in exit planning is that most founders are exiting from instead of exiting to.” – Jerome Myers
Ready for your next chapter?
Start Your Assessment Now 👉 https://theexitparadox.com/assessment
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