Letting Go On Purpose: A Founder’s Guide To Exiting Right With Julie Cole Your Next: A Guide To Finding Fulfillment After Your Exit Hosted By Jerome Myers podcast

1:00:43

Most people think money is the biggest barrier to leaving their job—but they’re wrong. In this powerful mastermind session, Jerome Myers joins real estate investors and corporate pros to reveal the real cost of walking away: emotional, mental, and operational. Drawing from his leap from corporate at the peak of success, Jerome shares hard-earned lessons on why most exits fail, the myths of passive income, and what truly makes wealth worth building. If you're dreaming of leaving your W2 or already have, this conversation will shake your assumptions and refocus your purpose. Press play and discover what it takes to build a life of freedom and fulfillment. [00:00 – 04:57] Real People at the Edge of a Leap Investor intros: career paths and exit goals Common thread: W2 jobs and uncertainty Jerome sets the tone for real talk [04:58 – 11:45] Jerome’s Exit Story Built a $20M division—then told to downsize Choose values over comfort and quit Faced with cash flow struggles with no plan [11:46 – 20:59] Freedom Numbers & False Starts Most don’t know their real “freedom number.” Passive income takes time and capital Going from six figures to zero is a real risk Know what life—not lifestyle—costs [21:00 – 34:15] Chief Everything Officer Startup life is messy, lonely, and intense You’ll do everything—from admin to investor calls Visibility is leverage, not vanity Faceless brands fail in today’s market [34:16 – 48:15] Purpose Over Passive Real estate cash flow isn’t instant Wealth comes from exits and expertise Consulting often beats syndication Purpose fuels fulfillment; money alone doesn’t [48:16 – 59:00] Doubt, Purpose & the Real Work Doubt lingers, even with a plan Mission matters more than ego Money without purpose leads nowhere We exit to do our real work Key Quotes “The biggest mistake I made in my transition from an employee to a founder was trying to build a faceless brand.” - Jerome Myers “The only way your life ever matters is if you are positively impacting the lives of other people.” - Jerome Myers Ready for your next chapter? Start Your Assessment Now 👉 https://theexitparadox.com/assessment Leave a Review + Help Others Achieve a Great Legacy If you found this episode valuable, leave us a review and share it with someone who wants to expand their business growth. Your Next is more than a podcast—it’s a community that welcomes individuals from all backgrounds and ages, united by a shared passion for personal growth and achieving excellence. 🎧 Explore our previous episodes or learn more about our mission at https://exittoexcellence.com . Your next chapter starts here! Learn more about your ad choices. Visit megaphone.fm/adchoices…

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Letting Go on Purpose: A Founder’s Guide to Exiting Right with Julie Cole 43:51

7天之前43:51

43:51

What happens when your business becomes your identity, and you sell it? Julie Cole, co-founder of Mabel’s Labels, went from lawyering to label-making, raising six kids while helping build a household name from her sister’s basement. She opens up about the unexpected acquisition, how her team navigated co-founder dynamics, and the emotional complexity of stepping back while staying connected to the brand. Expect stories of scrappy beginnings, smart business moves, the real challenges of exiting with multiple partners, and how to redefine purpose after the deal is done. If you've ever wondered what success looks like on the other side of the sale, this conversation pulls back the curtain. [01:26 – 07:26] From Basement to Brand Intro & Vision: Julie introduces herself and the idea Bootstrapping: Four founders and personal drive kickstarted the venture Real Need: A product born from personal challenges Validation: Early word-of-mouth proved the concept [07:26 – 16:44] Building the Machine Team Dynamics: Clear roles and communication were key Growth: Evolving from the basement to professional facilities Market Response: Early press and customer love validated the idea Scaling: Strategic hires helped avoid burnout and silos [16:44 – 24:18] Exit Strategy in Real Time Acquisition Offer: Avery’s unexpected proposal turned real fast Valuation: Negotiated to reflect future growth Due Diligence: Smooth process with the right advisors Transition: Julie shifted to a brand evangelist role post-sale [24:18 – 32:00] Life After Exit Identity Shift: Founders faced new emotional challenges New Paths: Some moved into coaching, real estate, and mentoring Relationship Changes: Less frequent, but meaningful connections remain Community: Speaking and mentorship filled the post-exit gap [32:00 – 43:00] Legacy Building for Founders Plan Early: Your exit strategy shapes your growth Advisors Matter: Surround yourself with trusted experts Stay Focused: Avoid deal fatigue; keep the business thriving Key Quotes: “When you start your company, you should be thinking about your exit… That’s your JOB.” — Julie Cole "Surround yourself with people who are smarter than you—and never try to navigate a sale on your own." — Julie Cole Connect with Julie! Website: https://mabelslabels.com/ LinkedIn: https://www.linkedin.com/in/julie-cole-llb-ma-3794671/ Ready for your next chapter? Start Your Assessment Now 👉 https://theexitparadox.com/assessment Leave a Review + Help Others Achieve a Great Legacy If you found this episode valuable, leave us a review and share it with someone who wants to expand their business growth. Your Next is more than a podcast—it’s a community that welcomes individuals from all backgrounds and ages, united by a shared passion for personal growth and achieving excellence. 🎧 Explore our previous episodes or learn more about our mission at https://exittoexcellence.com . Your next chapter starts here! Learn more about your ad choices. Visit megaphone.fm/adchoices…

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Think Long-Term: The Key to Winning at Taxes - Steven Jarvis 39:36

14天之前39:36

39:36

How do high-earning professionals maximize their financial opportunities while avoiding common tax pitfalls? In this insightful conversation, Jerome Myers sits down with Steven Jarvis, a tax strategist dedicated to helping business owners and professionals confidently navigate tax planning. Steven shares actionable strategies to optimize tax savings, uncover overlooked deductions, and build a proactive approach to financial planning. Whether you're a seasoned entrepreneur or just getting started, this episode will equip you with the knowledge to make tax-smart decisions that align with your financial goals. [00:00 - 06:42] The Importance of Proactive Tax Planning Avoiding Common Mistakes – Why waiting until tax season can cost you thousands Mindset Shift – Taxes are not just an annual burden but an ongoing financial strategy Collaboration is Key – Working with CPAs and financial advisors can uncover hidden opportunities [06:43 - 14:28] Maximizing Deductions & Reducing Liability Hidden Tax Savings – How to identify deductions that most professionals overlook Business Structuring – The impact of entity selection on tax efficiency. Retirement Contributions – Leveraging retirement accounts for long-term tax benefits [14:29 - 22:15] Common Tax Myths Debunked Myth: "I’m Too Small for Tax Planning" – Why every income level benefits from strategy The Audit Fear Factor – Understanding IRS red flags versus legitimate deductions Write-Offs vs. Cash Flow – Why a deduction doesn’t mean "free money" [22:16 - 30:04] Long-Term Wealth Strategies Through Tax Planning Tax-Efficient Investing – Maximizing returns while minimizing tax burdens Estate & Legacy Planning – Setting up structures that benefit future generations Giving Strategically – How philanthropy and tax planning intersect [30:05 - 38:51] Practical Steps to Implement Right Now Reviewing Past Returns – Uncovering missed deductions and amending returns Quarterly Tax Planning – Avoiding surprises and optimizing cash flow Building a Tax Strategy Team – Why collaboration creates the best outcomes Key Quotes: "Tax planning isn’t about avoiding taxes—it’s about paying exactly what you owe, not a penny more." - Steven Jarvis "The best way to get ahead on taxes is to think about them long term." - Steven Jarvis 🚀 Ready to Take Control of Your Exit Strategy? 🚀 Don't leave your business exit to chance! Join The Ultimate Exit Playbook and gain the insights, strategies, and tools to build a profitable, stress-free exit plan. Whether you're years away or planning your next big move, this event is your roadmap to success. Avail your spot now! 👉 https://theperfectriaevents.com/06-02-25-ultimate-exit-playbook Connect with Steven! Website: https://retirementtaxservices.com/ LinkedIn: https://www.linkedin.com/in/stevenajarvis/ Ready for your next chapter? Start Your Assessment Now 👉 https://theexitparadox.com/assessment Leave a Review + Help Others Achieve a Great Legacy If you found this episode valuable, leave us a review and share it with someone who wants to expand their business growth. Your Next is more than a podcast—it’s a community that welcomes individuals from all backgrounds and ages, united by a shared passion for personal growth and achieving excellence. 🎧 Explore our previous episodes or learn more about our mission at https://exittoexcellence.com . Your next chapter starts here! Learn more about your ad choices. Visit megaphone.fm/adchoices…

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Mind Over Money: Managing the Emotional Rollercoaster of Exiting - Jerome Myers 48:06

21天之前48:06

48:06

Selling a business is often seen as the ultimate victory, but what happens when the excitement fades and uncertainty sets in? In this episode, Jerome Myers, America's leading exit authority, uncovers founders' emotional and psychological challenges after selling their businesses. Many assume financial freedom will bring fulfillment, only to feel lost, disconnected, or restless. Jerome reveals the hidden traps of the exit journey and provides actionable insights to help founders transition with clarity and purpose. Learn how to avoid the everyday post-exit struggles and step confidently into your next chapter. [00:00 - 06:45] The Founder’s Exit Paradox Exiting a business isn’t just a financial transaction—it’s a personal transformation. Many founders assume wealth will bring fulfillment, but the reality is often differen.t The sudden loss of structure, identity, and purpose can be overwhelming Planning beyond the financials and preparing for emotional shifts is the key to a successful exit [06:46 - 15:58] The Wealth & Purpose Trap Financial freedom doesn’t automatically provide meaning or direction Without a structured plan, founders either jump into distractions or drift aimlessly True fulfillment comes from intentionally designing a life that aligns with personal values Success and fulfillment are different— wealth doesn’t guarantee happiness [15:59 - 25:22] Identity Crisis: Who Am I Without My Business? Your business shaped your daily routine, social circles, and sense of significance. Post-exit, many founders struggle with a loss of identity Some overcorrect by launching another company too soon, while others remain limbo The key is to separate your identity from your business before the exit [25:23 - 37:44] The Six Centers of Doubt Founders experience post-exit uncertainty in six key areas Preparing for these challenges in advance prevents post-exit regret [37:45 - 47:20] Designing a Fulfilling Next Chapter Avoid the trap of waiting until after the exit to figure out what’s next Define what success looks like beyond financial wealth Structure your post-exit life intentionally—focus on contribution, growth, and purpose Take the Exit Readiness Assessment to prepare for a smooth transition Key Quotes: “Freedom without purpose is just emptiness.” - Jerome Myers “Success and fulfillment are not the same—you can win the game and still feel like something is missing.” - Jerome Myers “When money is no longer the problem, you realize how many of your real challenges were never about money in the first place.” - Jerome Myers Ready for your next chapter? Start Your Assessment Now 👉 https://theexitparadox.com/assessment Leave a Review + Help Others Achieve a Great Legacy If you found this episode valuable, leave us a review and share it with someone who wants to expand their business growth. Your Next is more than a podcast—it’s a community that welcomes individuals from all backgrounds and ages, united by a shared passion for personal growth and achieving excellence. 🎧 Explore our previous episodes or learn more about our mission at https://exittoexcellence.com . Your next chapter starts here! Learn more about your ad choices. Visit megaphone.fm/adchoices…

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You're Not Just Exiting a Company—You're Exiting an Identity - Jerome Myers 7:39

27天之前7:39

7:39

What if selling your business didn’t bring the fulfillment you expected? While most discussions around business exits focus on valuation, deal structures, and financial freedom, few address the emotional toll that follows. In this episode, Jerome Myers, America's leading exit authority, unpacks the silent costs of selling a business—the identity crisis, emotional void, and six centers of doubt that can leave founders feeling lost. He shares why 75% of entrepreneurs regret their exits and reveals a four-step framework to help navigate post-exit life with clarity and purpose. If you’re planning an exit or struggling with what comes next, this episode is your guide to designing a fulfilling next chapter. [00:00 - 01:15] Introduction: The Emotional Toll of Selling Your Business Exiting a business isn’t just financial—it’s personal and emotional Many founders feel lost, questioning their identity after selling This episode uncovers what happens emotionally after an exit [01:16 - 03:09] The Six Centers of Doubt Every Founder Faces Self-Image: “Who am I without my business?” Relationships: “Do I still belong if my network was tied to my company?” Work: “I need something to do, but what?” Health: “I sacrificed my well-being—can I fix it now?” Prosperity: “I have time and money, but am I using them wisely?” Significance: “What is my impact beyond the business I built?” [03:10 - 04:44] Why 75% of Founders Regret Their Exit Without a clear post-exit vision, many founders fall into one of two traps A company doesn’t automatically bring fulfillment—it must be intentionally designed [04:45 - 06:00] The Four-Step Process to Exit with Clarity Nourish: Take time to recover and reflect Explore: Identify what truly excites and fulfills you Evaluate: Test new paths before committing too soon Transcend: Step thoroughly into your next chapter with confidence [06:01 - 06:54] Taking Action: Designing Your Next Chapter The key to a successful exit is preparing beyond financials Jerome’s Exit Readiness Assessment helps founders determine if they’re genuinely exit-ready Instead of suffering in silence, founders should proactively plan for their next phase Key Quotes: “The moment you sell, you’re not just exiting a company—you’re exiting an identity.” - Jerome Myers “You either design your next chapter with intention or drift into regret.” - Jerome Myers Ready for your next chapter? Start Your Assessment Now 👉 https://theexitparadox.com/assessment Leave a Review + Help Others Achieve a Great Legacy If you found this episode valuable, leave us a review and share it with someone who wants to expand their business growth. Your Next is more than a podcast—it’s a community that welcomes individuals from all backgrounds and ages, united by a shared passion for personal growth and achieving excellence. 🎧 Explore our previous episodes or learn more about our mission at https://exittoexcellence.com . Your next chapter starts here! You sold your business… now what? No one warns you about the identity crisis, the void, or the doubts that creep in after the deal is done. 75% of entrepreneurs regret their exit but it doesn’t have to be that way. In this episode, I break down the hidden costs of selling and share my four-step framework to help you navigate what’s next with clarity and purpose. Don’t let your exit become your regret. 🎧 Listen now: #BusinessExit #LifeAfterExit #BeyondTheDeal Learn more about your ad choices. Visit megaphone.fm/adchoices…

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The Five Scars of Success: How Struggle Fuels High Achievers - Jerome Myers 12:11

5 weeks之前12:11

12:11

Success often comes at a cost. In this episode, Jerome Myers explores the Five Scars of Success—key life experiences that shape high-achieving entrepreneurs: conditional love, suicidal ideation, financial ruin, near-death experiences, and early loss of a loved one. While these experiences fuel ambition, they can also make business exits emotionally complex. Jerome shares how to reframe these scars to build a fulfilling next chapter beyond business ownership. [00:00 - 01:00] Introduction & The Five Scars of Success A reminder to check in on others. Success is often shaped by personal struggles. Exiting a business is about more than money. [01:01 - 03:00] Scar #1: Conditional Love Achievementis tied to receiving love. Creates a need for external validation. Must redefine self-worth beyond success. [03:01 - 04:30] Scar #2: Suicidal Ideation High-pressure success leads to dark moments. Many founders struggle in silence. Support systems are crucial. [04:31 - 06:00] Scar #3: Financial Ruin Many experience major financial loss. Fear of failure fuels relentless drive. Rebuilding is possible with resilience. [06:01 - 07:30] Scar #4: Near-Death Experience Facing mortality changes perspective. Creates urgency to leave an impact. Can lead to overworking and burnout. [07:31 - 09:00] Scar #5: Early Loss of a Loved One Loss fuels the drive for legacy. First businesses often aren’t true legacies. Purpose must go beyond financial success. [09:01 - 11:00] How These Scars Affect Exiting a Business More scars make letting go harder. Identity is often tied to business. Exits should be about fulfillment, not loss. [11:01 - 12:30] Moving Forward: Healing & Redefining Success These scars shape, but don’t define, us. Healing means using them as fuel. The exit is just the start of something greater. Key Quotes: “Healing isn’t about forgetting the scars—it’s about using them to fuel your next chapter.” “Most founders don’t realize that their first business isn’t their legacy; it’s what they build after they exit.” Ready for your next chapter? Start Your Assessment Now 👉 https://theexitparadox.com/assessment Leave a Review + Help Others Achieve a Great Legacy If you found this episode valuable, leave us a review and share it with someone who wants to expand their business growth. Your Next is more than a podcast—it’s a community that welcomes individuals from all backgrounds and ages, united by a shared passion for personal growth and achieving excellence. 🎧 Explore our previous episodes or learn more about our mission at https://exittoexcellence.com . Your next chapter starts here! Learn more about your ad choices. Visit megaphone.fm/adchoices…

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If You Can Dream It, You Can Achieve It - Michelle Jacobik 50:11

6 weeks之前50:11

50:11

What if the life you've carefully built suddenly changes—whether through divorce, a business exit, or an unexpected transition? How do you redefine success when everything familiar is gone? Michelle Jacobik, a financial expert and entrepreneur, shares her firsthand experience of navigating these pivotal moments. She and host Jerome Myers discuss rebuilding financial stability, rediscovering personal identity, and cultivating a mindset that fosters lasting success. Expect raw honesty, practical guidance, and an inside look at the steps needed to create a fulfilling next chapter. Tune in to gain the confidence and strategies to embrace change and turn uncertainty into opportunity. [00:00 - 03:14] - The Power of Support & Mindset Shifts Purpose, values, and gifts define contributions Support systems are essential for growth Mindset impacts success [03:15 - 12:29] - Navigating Divorce and Financial Transitions Divorce is both emotional and financial Plan for financial stability post-divorce Avoid emotional spending [12:30 - 24:39] - Redefining Success: Money as a Tool, Not Security Money offers stability, not identity Financial habits shape outcomes True success aligns with values [24:40 - 35:49] - Avoiding Burnout and Planning Your Exit Burnout signals need for change Build a business with an exit plan Seek support for smoother transitions [35:50 - 44:19] - Financial Runway & Business Success Businesses take time and money Have at least a one-year financial cushion Align business and personal finances [44:20 - 49:26] - Creating a Business by Design, Not Default Business models should align with goals Core values guide strategy Growth comes from learning and mentorship Key Quotes: "If you can dream it, you can achieve it." – Michelle Jacobik "A business built for cash flow alone is a trap. A business built to exit is freedom." – Michelle Jacobik Connect with Michelle! Website: https://michellejacobik.com/ LinkedIn: https://www.linkedin.com/in/michellejacobik/ Ready for your next chapter? Start Your Assessment Now 👉 https://theexitparadox.com/assessment Leave a Review + Help Others Achieve a Great Legacy If you found this episode valuable, leave us a review and share it with someone who wants to expand their business growth. Your Next is more than a podcast—it’s a community that welcomes individuals from all backgrounds and ages, united by a shared passion for personal growth and achieving excellence. 🎧 Explore our previous episodes or learn more about our mission at https://exittoexcellence.com . Your next chapter starts here! Learn more about your ad choices. Visit megaphone.fm/adchoices…

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You Think You'd Have Time Until You Don't - Jerome Myers 19:12

7 weeks之前19:12

19:12

What if the biggest myth about exit planning is also the most dangerous? In this solo episode, Jerome Myers, America's leading exit authority, breaks down the costly mistake founders make—waiting too long to plan their next move. He shares hard-hitting insights on the Founder’s Exit Paradox and why delaying the conversation about “what’s next” can leave you lost, unfulfilled, or even financially vulnerable. Jerome explores the excuses founders tell themselves, the four unexpected reasons entrepreneurs are forced to exit, and the ultimate question every business owner should ask: If you only had six months left before you had to exit, what would you do differently today? [00:00 - 02:44] The Exit Paradox: The Dangerous Myth That’s Holding You Back Waiting too long to plan leads to regret Exit is a transition, not the end Are you exiting from or to something? [02:45 - 008:51] The Three Excuses Founders Use to Delay Their Next Move “I’m too busy.” Avoiding the future creates problems “I don’t know what’s next.” Clarity comes from action “I love what I do.” Staying too long can cost you [08:52 - 13:48] The Four Unexpected Reasons Founders Are Forced to Exit Burnout: Overworking leads to exhaustion Death/Disease: Without you, does your business survive? Divorce: Work-life imbalance strains relationships Market Forces: Timing impacts exit success [13:49 - 16:57] Exit Planning as a Responsibility, Not an Afterthought Businesses relying on founders are worth less Liquidity creates freedom and security Innovative founders build self-sustaining companies [16:58] The Critical Question Every Founder Must Ask What would you prioritize with six months left? The Exit Readiness Assessment reveals blind spots Take action before time forces your hand. Key Quotes: “If you had six months before your exit, what would you do differently today?” - Jerome Myers “The biggest lie founders tell themselves is, ‘I’ll figure it out when the time comes.’” - Jerome Myers Ready for your next chapter? Start Your Assessment Now 👉 https://theexitparadox.com/assessment Leave a Review + Help Others Achieve a Great Legacy If you found this episode valuable, leave us a review and share it with someone who wants to expand their business growth. Your Next is more than a podcast—it’s a community that welcomes individuals from all backgrounds and ages, united by a shared passion for personal growth and achieving excellence. 🎧 Explore our previous episodes or learn more about our mission at https://exittoexcellence.com . Your next chapter starts here! Learn more about your ad choices. Visit megaphone.fm/adchoices…

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Hip Hop x Finance: What Hip-Hop Can Teach You About Wealth - Drew Boyer 40:45

8 weeks之前40:45

40:45

What if your relationship with money determined your freedom? Most people chase wealth, but few truly understand how to manage it in a way that brings lasting security and fulfillment. Are you making financial decisions that serve your future, or are you unknowingly setting yourself up for financial traps? Jerome Myers sits down with Drew Boyer, author of Hip Hop & Finance, to explore the financial lessons hidden in hip-hop. From MC Hammer’s financial downfall to 50 Cent’s unexpected business acumen, this conversation unpacks the actual cost of economic ignorance, and the mindset shifts needed to build lasting wealth. Expect powerful stories, hard-earned wisdom, and a fresh perspective on personal finance that blends music, culture, and money in a way you’ve never heard before. [00:00 - 00:59] The Inspiration Behind Hip Hop & Finance Jerome introduces Drew and his book How hip-hop lyrics teach financial lessons Drew’s journey from drummer to finance Why financial education should be accessible [03:00 - 08:49] The Psychology of Money & Breaking Free from Debt How early money habits shape life The impact of comparison culture Drew’s experience with debt Recognizing and correcting money mistakes [08:50 - 14:54] Celebrity Money Mistakes: MC Hammer & 50 Cent MC Hammer’s $72M downfall 50 Cent’s vitamin water deal vs. bad investments The hidden costs of luxury homes The need for truth-tellers, not yes-men [14:55 - 21:44] What to Do With a Windfall & Avoiding Lifestyle Inflation Innovative steps for handling sudden wealth Why financial professionals matter Delayed gratification vs. impulse spending Investing in experiences and assets [21:45 - 33:19] Estate Planning & Protecting Your Legacy The chaos of dying without a will Lessons from Tupac, Mac Miller, and Takeoff Setting up trusts and legal documents Bob Marley’s estate planning mistake [33:20 - 40:00] The Key to Financial Success: Education & Patience Why financial literacy is key The power of patience and long-term thinking Controlling emotions in financial decisions Understanding money before you have it Key Quotes: "Some people spend their whole lives working hard but never learn to make money work for them." - Drew Boyer "The only person you should ever compare yourself to is who you were a year ago." - Drew Boyer Connect with Drew! Website: https://hiphopxfinance.com/ LinkedIn: https://www.linkedin.com/in/drew-w-boyer-cfp/ Ready for your next chapter? Start Your Assessment Now 👉 https://theexitparadox.com/assessment Leave a Review + Help Others Achieve a Great Legacy If you found this episode valuable, leave us a review and share it with someone who wants to expand their business growth. Your Next is more than a podcast—it’s a community that welcomes individuals from all backgrounds and ages, united by a shared passion for personal growth and achieving excellence. 🎧 Explore our previous episodes or learn more about our mission at https://exittoexcellence.com . Your next chapter starts here! Learn more about your ad choices. Visit megaphone.fm/adchoices…

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Happiness Isn’t Something You Chase, It’s a Byproduct - Walter Paulsen 42:14

9 weeks之前42:14

42:14

What if success isn’t enough? Many entrepreneurs reach financial freedom only to feel lost. Walter Paulsen, who built a $500M company, shares why wealth alone doesn’t bring fulfillment and what truly matters after the exit. Expect real talk on resilience, competition, and finding purpose beyond business. Walter and Jerome Myers break down why some thrive post-exit while others struggle—and how to make sure you’re on the right path. Listen now to discover what makes success truly meaningful. [00:00 - 04:55] - The Nature of Happiness & Purpose Happiness is fleeting, not a permanent state It’s a byproduct of meaningful work, not wealth Chasing money without purpose leads to dissatisfaction [04:56 - 07:30] - Competitive Mindset & Personal Growth Walter’s sports background shaped his resilience Self-competition builds long-term success Physical challenges enhance mental toughness [07:31] - Building a $500M Business in Four Years Led Blackhawk Network, pioneering the gift card industry Secured multi-year exclusivity deals before competitors reacted Growth came from a mix of timing, execution, and partnerships [16:00 - 24:15] - The Exit Paradox: What Happens After the Liquidity Event? Many founders face identity loss post-exit Financial success doesn’t guarantee purpose or fulfillment Those without purpose often struggle with post-exit happiness [24:16] - Finding the Right Problem to Solve Solving the wrong problem leads to wasted effort Small bets provide valuable insights Grit matters, but only in the right direction [32:00 - 41:29] - Transitioning to Coaching & Advising Walter shifted from operator to advisor Helps CEOs build strong company cultures Loving your work is key to long-term fulfillment Key Quotes: “Happiness isn’t something you chase; it’s a byproduct of living with purpose.” – Walter Paulsen “Small bets that don’t work out can be valuable because they show you where not to go.” – Walter Paulsen Connect with Walter! LinkedIn: https://www.linkedin.com/in/walterpaulsen/ Ready for your next chapter? Start Your Assessment Now 👉 https://theexitparadox.com/assessment Leave a Review + Help Others Achieve a Great Legacy If you found this episode valuable, leave us a review and share it with someone who wants to expand their business growth. Your Next is more than a podcast—it’s a community that welcomes individuals from all backgrounds and ages, united by a shared passion for personal growth and achieving excellence. 🎧 Explore our previous episodes or learn more about our mission at https://exittoexcellence.com . Your next chapter starts here! Learn more about your ad choices. Visit megaphone.fm/adchoices…

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The Payday Is Here, But Something Feels Off - Jerome Myers 10:06

10 weeks之前10:06

10:06

Exiting your business should be a celebration—but why do so many founders feel lost afterward? In this solo episode, Jerome Myers explains the emotional cost of exiting, why money alone isn’t enough, and how to clearly navigate the transition. Whether you're considering an exit or already on the other side, this episode will help you find purpose beyond the payday. [00:00] The Founder’s Exit Paradox Exits aren’t just financial—they're emotional transformations Many founders feel unexpected emptiness after selling Your next move matters—success isn’t just about money [02:00] The Harsh Reality of Selling a Business Only 2 in 10 businesses that list sell Most founders assume buyers will line up—but they won’t Sellability matters—plan ahead or risk regret [04:00] The Emotional Rollercoaster Exiting brings loss, grief, and identity shifts Many founders fear what’s next and hesitate to sell Clarity is key—know where you're going before you exit [06:00] Why Money Isn’t Enough Money can’t replace purpose and fulfillment Founders struggle with self-image, relationships, and significance post-exit Avoid regret—build a meaningful next chapter [08:00] Exit to Excellence: Finding Your Next Jerome introduces his book, Exit to Excellence Every founder needs support and strategy post-exit Plan intentionally—don't just leave, step into something bigger Key Quotes: “Only two out of ten businesses that get listed actually sell.” - Jerome Myers “Your next move should be intentional. Plan for fulfillment, not just a payday.” - Jerome Myers Ready for your next chapter? Start Your Assessment Now 👉 https://theexitparadox.com/assessment Leave a Review + Help Others Achieve a Great Legacy If you found this episode valuable, leave us a review and share it with someone who wants to expand their business growth. Your Next is more than a podcast—it’s a community that welcomes individuals from all backgrounds and ages, united by a shared passion for personal growth and achieving excellence. 🎧 Explore our previous episodes or learn more about our mission at https://exittoexcellence.com . Your next chapter starts here! Learn more about your ad choices. Visit megaphone.fm/adchoices…

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There is Always a Process for Everything - Adi Klevit 34:10

11 weeks之前34:10

34:10

What’s stopping your business from thriving without you? In this episode, Jerome Myers hosts Adi Klevit, founder of Business Success Consulting Group, to uncover the often-overlooked value of documenting and implementing processes. Adi shares real-life stories of businesses that doubled their value, onboarded employees faster, and achieved true operational freedom—all by putting robust systems in place. Whether you're planning to sell your business or simply want to reclaim your time, this episode offers actionable insights to ensure your business works for you, not the other way around. [00:00 - 07:28] The Power of Documentation Processes are key to scalability and freedom Knowledge transfer ensures continuity Documented processes can double business value [07:29 - 12:56] Building a System-Driven Culture Processes must be implemented, not just written Accountability ensures systems are followed Onboarding can be reduced from months to weeks [12:57 - 18:24] Process Mapping and Simplifying Complexity Process mapping reveals inefficiencies Improved communication reduces delays Consistency builds internal and external trust [18:25 - 24:36] Timing Is Everything: When to Document Processes Start with sales and marketing when new Documenting helps refine evolving systems Proof of concept ensures processes work [24:37 - 32:48] Scaling, Legacy, and Freedom Processes free founders from daily operations Buyers value businesses with documented systems Adi scaled her team by documenting her own processes Key Quotes: "There is always a process for everything. It’s simply a matter of capturing it and then creating it." – Adi Klevit "When you hire someone, they need to know what to do. A documented process ensures they can replicate success every single time." – Adi Klevit Connect with Adi! Website: https://bizsuccesscg.com/ LinkedIn: https://www.linkedin.com/in/adiklevit/ Contact Number: 503-662-2911 Ready for your next chapter? Start Your Assessment Now 👉 https://theexitparadox.com/assessment Leave a Review + Help Others Achieve a Great Legacy If you found this episode valuable, leave us a review and share it with someone who wants to expand their business growth. Your Next is more than a podcast—it’s a community that welcomes individuals from all backgrounds and ages, united by a shared passion for personal growth and achieving excellence. 🎧 Explore our previous episodes or learn more about our mission at https://exittoexcellence.com . Your next chapter starts here! Learn more about your ad choices. Visit megaphone.fm/adchoices…

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There’s No Balanced Life, Only a Blended One - Justin Goodbread 51:06

12 weeks之前51:06

51:06

How do you create a business that builds lasting value and grants you the freedom to live life on your terms? Justin Goodbread, a seasoned entrepreneur with seven successful exits, shares his insights on designing businesses that thrive without your constant involvement. Learn how to build scalable systems, create recurring revenue, and focus on what matters most—your family, passions, and legacy. If you’re ready to shift from being indispensable in your business to becoming a legacy builder with a life of purpose and fulfillment, this conversation will show you how. Listen now to discover the mindset and strategies that can transform your journey. [00:00 - 10:32] Seasons of Entrepreneurship Embrace the chaos of early entrepreneurship. Forget balance; focus on a blended life. Efficiency grows by knowing your strengths. [10:33 - 20:48] Mastering Efficiency and Delegation Review tasks to find what aligns with your strengths Delegate low-value activities to save time Focus on high-impact tasks for growth [20:49 - 30:44] Creating Transferable Business Value Build systems so your business runs without you. Create recurring revenue for sustainability Make your business scalable and investor-ready [30:45 - 40:28] The Fulfillment Equation: Life After Exit Define your purpose with unlimited time and resources Find identity outside of your business Fulfillment comes from serving and leaving a legacy [40:29 - 50:21] Legacy Beyond Business Build systems that empower others Prioritize relationships and mentorship Align your work with your core values Key Quotes: “There’s no such thing as balance; there’s a blended life where you’re present in every season.” - Justin Goodbread “If you had unlimited time and resources, what would you do tomorrow that you’re not doing today?” - Justin Goodbread Connect with Justin! YT Channel: https://www.youtube.com/@JustinGoodbread Instagram: https://www.instagram.com/justingoodbread Ready for your next chapter? Start Your Assessment Now 👉 https://theexitparadox.com/assessment Leave a Review + Help Others Achieve a Great Legacy If you found this episode valuable, leave us a review and share it with someone who wants to expand their business growth. Your Next is more than a podcast—it’s a community that welcomes individuals from all backgrounds and ages, united by a shared passion for personal growth and achieving excellence. 🎧 Explore our previous episodes or learn more about our mission at https://exittoexcellence.com . Your next chapter starts here! Learn more about your ad choices. Visit megaphone.fm/adchoices…

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Waking Up Tomorrow is Worth More Than a Million Dollars - Dave Fulk 49:16

13 weeks之前49:16

49:16

How much is your reputation worth, and how does it impact your future? In this inspiring conversation, Dave Fulk unpacks the power of personal and business reputation in shaping success. From his entrepreneurial beginnings to partnering with top industry leaders, Dave shares valuable lessons on resilience, leadership, and building a purposeful legacy. Listeners will learn the art of creating a strong online presence, hiring A-players who drive excellence, and understanding the key differences between branding and marketing. Expect actionable insights on how your reputation can influence business valuation, attract the right opportunities, and secure long-term growth. [00:00 - 03:04] A Million-Dollar Wake-Up Call Waking up is worth more than a million dollars Adopting the "best day of my life" mindset Resilience and positivity are keys to success [03:05 - 07:04] From Shoveling Snow to Sitting on Boards Dave’s snow-shoveling business and early teamwork Discovering entrepreneurial instincts Partnering with Kevin Harrington from Shark Tank [07:05 - 14:31] Building Dream Teams and A-Players Hiring A-players and defining their traits Building a purpose-driven culture Fostering continuous improvement in teams [14:32 - 25:15] The Difference Between Branding and Marketing Marketing is what you say; branding is what others say The "city block" analogy for reputation management Importance of online visibility and trust [25:16 - 35:19] Reputation’s Impact on Business Valuation Reputation accounts for 20% of a company’s valuation Challenges in hiring for poorly reputed companies Building trust for long-term business success [35:20 - 47:52] Lessons in Lifelong Learning and Resilience Lifelong learning, persistence, and curiosity Resilience as a cornerstone of growth Dave’s mantra: "Act like waking up is worth a million dollars" Key Quotes: "If waking up tomorrow is worth more than a million dollars, act like it." - Dave Fulk "You don’t hire A-players just to do a job; you hire them to challenge the status quo." - Dave Fulk Connect with Dave! Website: https://www.davefulk.com/ LinkedIn: https://www.linkedin.com/in/davefulk/ Ready for your next chapter? Start Your Assessment Now 👉 https://theexitparadox.com/assessment Leave a Review + Help Others Achieve a Great Legacy If you found this episode valuable, leave us a review and share it with someone who wants to expand their business growth. Your Next is more than a podcast—it’s a community that welcomes individuals from all backgrounds and ages, united by a shared passion for personal growth and achieving excellence. 🎧 Explore our previous episodes or learn more about our mission at https://exittoexcellence.com . Your next chapter starts here! Learn more about your ad choices. Visit megaphone.fm/adchoices…

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Neo Transition Assessment - Jerome Myers 35:57

14 weeks之前35:57