Tag: Business Exit

Beyond the Sale: Finding Purpose After Exiting Your Business with Jerome Myers (Ep. 72)

Beyond the Sale: Finding Purpose After Exiting Your Business with Jerome Myers (Ep. 72)

Are you financially and emotionally prepared for life after selling your business?

What strategies can you implement to design a life that aligns with your values and aspirations beyond business success?

This week on SMART MONEY. SIMPLIFIED, Brent Mekosh speaks with Jerome Myers, America’s Leading Exit Authority and founder of Exodus, The Myers Development Group, and Dream Catchers. 

Jerome recounts his transition from corporate life to a period of deep self-reflection and the subsequent discovery of a meaningful path forward as he advises those exiting their own business.  

Listen in as Jerome underscores the significance of nurturing love, maintaining faith, and intentionally crafting a life of fulfillment beyond the business realm.

Brent and Jerome discuss:

  • The psychological challenges of successful business owners after an exit
  • How does one transition from being a business owner to a newly exited operator
  • Jerome’s personal experience with exiting a business and the journey to finding a purposeful life afterward
  • The value of finding a greater purpose and positively impacting others after exiting a business
  • And more!

Resources:

Connect with Jerome Myers:

Connect with Brent Mekosh:

About Our Guest:

Jerome Myers is a developer of people and places. He is the founder and Chief Inspiration Officer of DreamCatchers and The Myers Development Group.

Through these entities, he gets to live out his childhood dreams of helping people manifest the things they imagine and create social proof that dreams should be real.

Since leaving corporate America after building a 20MM division at a Fortune 550 company, J has become one of the most sought-after thought leaders in the multifamily development space. His company, The Myers Development Group, built a multi-million-dollar portfolio following the principles of Myers Methods.

The Art of Business Transition: Maximizing Value in Your Company Sale with Jeffrey Feldberg (Ep. 40)

The Art of Business Transition: Maximizing Value in Your Company Sale with Jeffrey Feldberg (Ep. 40)

Business owners, it’s no secret that you will exit your business eventually, whether you sell or pass it on.

So, how to ensure your company is at peak performance when you plan your exit?

In this episode, Brent Mekosh speaks with Jeffrey Feldberg, the co-founder of Deep Wealth. Jeffrey talks about optimizing your business value when building your exit plan and selling your business. Listen in as Jeffrey reveals how building a narrative outside of the standard evaluation can increase the value of your company and get you a nine-figure sale. 

Jeffrey discusses:

  • Deep Wealth’s nine steps to building a business roadmap 
  • The biggest pitfalls business owners encounter when looking to sell their business
  • How understanding the buyer’s mindset creates effective seller strategies
  • When (and why) to build your exit strategy
  • The role of team well-being and financial freedom when it comes to planning your business exit
  • And more!

Connect with Jeffrey Feldberg:

Connect with Brent Mekosh:

About Our Guest:

Most business owners make the fatal mistake of believing the skills that built the business are the same ones to sell it. Jeffrey Feldberg shares from first-hand experience that the skills are entirely different. While running his eLearning company, Embanet, full-time, he dove into the crazy and wacky world of mergers and acquisitions. Jeffrey focused on business owners who either won big or lost big. He learned what to do and what not to do in the process. Countless hours and dollars went towards creating the 9-step roadmap of preparation. What was the result? He increased Embanet’s value 10X even though he had the same team and service.