GoKawiil
Tech News
PwC research cited by an Entrepreneur contributor finds that three-quarters of business owners feel deep regret within a year of exiting their company, despite gaining significant wealth. The piece argues the problem isn't financial but personal: many founders never build a plan for identity and purpose after the sale, leaving them adrift once the business that defined them is gone.
A contributor writing for Entrepreneur argues that most business owners fail to formally document their exit and succession wishes, leaving families to guess at intentions during crises like death, disability, divorce or disagreement. The piece cites the statistic that half of all owners will eventually exit due to one of these 'five Ds,' often without written guidance in place.
A business advisory piece argues that many entrepreneurs prepare financially and operationally for selling their company but fail to plan for their own identity and purpose afterward. The author compares this oversight to embarking on a road trip without deciding on a destination, warning that owners risk arriving at their exit unprepared for what comes next in life.