In the final installment of the Exit With Ease series in “The Leader’s Table by Diana Murphy” Podcast, Diana and Janise Graham discuss the complex emotional and psychological journey business owners face “at the finish line” as they complete the sale of their business.

They emphasize the importance of starting with the end in mind and the transition from business life to personal life. The conversation covers key aspects such as celebrating milestones, managing family dynamics, and the 'baton passing' process.

Janise and Diana stress the need for planning, visualizing a future without the business, and the benefits of involving a coach or mentor. They share inspiring stories of business owners who successfully navigated their transitions by engaging in charitable activities, mentoring, or exploring new passions.

The episode concludes with practical advice on finding fulfillment and maintaining a sense of value post-sale.

00:00 Introduction and Setting the Stage

00:43 The Emotional Journey of Selling a Business

01:47 Life After Selling: Finding New Purpose

04:55 Success Stories and Inspirations

06:51 The Importance of Celebration and Transition

14:20 Family Dynamics and Baton Passing

24:00 Final Thoughts and Contact Information

In the fifth installment of Exit With Ease, Diana Murphy and Janise Graham dive into the crucial topic of business valuations in the context of owner exits. They explore the emotional and technical aspects of valuation, factors influencing it, and the importance of having an expert advisory team.

They also touch on the challenges owners face when confronted with unexpected valuation numbers and emphasize the need for individualized exit strategies.

Be sure to listen to Part 6, the conclusion of the Exit With Ease series from “The Leader’s Table by Diana Murphy.”

00:00 Introduction to Owner's Exit

00:45 Understanding Business Valuations

02:17 Key Factors in Valuation

05:14 Emotional Impact of Valuation

09:49 Navigating Offers and Transitions

17:15 Final Thoughts and Advice

26:13 Conclusion and Next Steps

In this episode of Exit With Ease, Diana and Janise focus on the critical steps business owners should take when anticipating an exit or sale. They emphasize the importance of assembling a dream team of expert advisors, including attorneys, bankers, CPAs, wealth advisors, and insurance professionals, to navigate the complexities of the process.

Through personal anecdotes and practical advice, Janice illustrates the benefits of having the right people in place, fostering efficient decision-making, and safeguarding long-term relationships with existing advisors.

Diana and Janise offer valuable insights for business owners on preparing for a smooth and successful business transition.

00:00 Welcome to The Leader's Table

00:48 Introducing the Dream Team Concept

02:50 Key Advisors for Business Success

08:35 The Importance of a Cohesive Team

12:15 Navigating Advisor Transitions

23:55 Final Thoughts and Upcoming Episodes