Unhappy After Selling
“Alex Bean co-founded and eventually sold his business Divvy for $2.5 billion. In this episode you’ll find Alex was not happy post sale,” shares Sam Thompson a Minneapolis business broker and the founder of M&A firm Transitions In Business. “Alex talks about what business owners should do post-sale to find happiness.”
Alex Bean sold his company, Divvy, for $2.5 billion. But after reaching this monumental milestone, why didn’t the sale bring him the happiness he expected? In this episode, Alex shares his journey and the lessons he learned about life after a business exit.
In this episode, you’ll discover how to:
- Evaluate if your business should raise capital or grow organically.
- Talk to your kids about money (without undermining their motivation).
- Avoid the happiness trap and find purpose after selling your business.
- Steer clear of the “disease of more” when making financial decisions post-sale.
- Preserve and improve relationships with family and investors after a big liquidity event.