Mar 15, 2022
In episode 402 of Financially Simple, Justin considers the emotional and psychological impact that selling their Business can have on the Owner.
You’ve devoted a chunk of your life to building a successful business, and now you’re ready to sell it - but are you, personally, prepared for the mental shocks to come? In this episode, Justin looks at what it is like to sell a business from the emotional and psychological side of things - the sudden realization and change that comes somewhat unexpectedly.
Don’t forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening!
- The Emotions of Making the Ultimate Sale
- The Unexpected Weight of Emotion
- Winning The Lottery
- After the Initial Thrill
- The Personal Side
- How Will You Occupy your Time
- Separating Your Identity From Your Business
- Impression Management
Subscribe to the Financially Simple Newsletter
NEW Book: Your Baby’s Ugly - Maximize the Value of Your Business NOW or You Will Have Nothing to Sell Later
Justin A. Goodbread, CFP®, CEPA, CVGA, is a nationally recognized financial planner, business educator, wealth manager, author, speaker, and entrepreneur. He has 20+ years of experience teaching small business owners how to start, buy, grow, and sell businesses. He is a multi-year recipient of the Investopedia Top 100 Advisor and 2018 Exit Planning Institute’s Exit Planner Leader of the Year.
This podcast is distributed for
informational purposes only. Statements made in the podcast are not
to be construed as personalized investment or financial planning
advice, may not be suitable for everyone and should not be
considered a solicitation to engage in any particular investment or
planning strategy. Listeners should conduct their own review and
exercise judgment or consult with their own professional financial
advisor to see how the information contained in this podcast may
apply to their own individual circumstances. All investing involves
risk of loss, including the possible loss of principal. Past
performance does not guarantee future results and nothing in this
podcast should be construed as a guarantee of any specific outcome
or profit. All market indices discussed are unmanaged, do not incur
management fees, costs and expenses, and cannot be invested into
directly. Investment advisory services offered by WealthSource
Partners, LLC. Neither WealthSource Partners, LLC nor its
representatives provide legal or accounting advice. The content of
this podcast represents the views and opinions of Justin Goodbread
and/or the podcast’s guests and do not necessarily represent the
views and/or opinions of WealthSource Partners, LLC. Statements
made in this podcast are subject to change without notice. Neither
WealthSource Partners, LLC nor its representatives, the podcast’s
hosts or its guests have an obligation to provide revised
statements in the event of changed
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP® certification mark (with plaque design) logo in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
Advisors who wished to be ranked in Investopedia’s Top 100 Financial Advisors list either self-submitted answers to questions compiled by Investopedia or were nominated by peers. Rankings were determined based on number of followers and engagement on social media, primary contribution to professional industry websites and their focus on financial literacy. Neither performance nor client experience, however, were considered. No compensation was paid by WealthSource Partners, LLC or Justin Goodbread to secure placement on Investopedia’s Top 100 Financial Advisors List.
The Exit Planning Institute's Leader of the Year is awarded to a nominee who is a CEPA credential holder who has made a significant impact or contribution to the exit planning profession or overall community through innovation and influence and is viewed by the Exit Planning Institute as a thought leader, risk taker and specialist while showing characteristics of collaboration.
This podcast might recommend products or services that offer Financially Simple compensation when you use them. This compensation is used to help offset the cost of creating the content. We will, however, never suggest products/services solely for the compensation we receive.