Most successful sales of businesses, again especially in the technology arena, enrich ![\"\"](\"https:\/\/berkonomics.com\/wp-content\/uploads\/2017\/12\/Time-commitments-300x200.jpg\")
younger entrepreneurs and stock-option holders who are under fifty years of age.\u00a0 Having interviewed many of these newly rich alumni, I have found that most want to take time off for an indefinite time to think out their next move, which is not a bad idea.\u00a0 Some immediately start to plan their next venture.\u00a0 And some tell me that they will just retire, finding travel, coaching, teaching and a life of leisure their most attractive alternative.<\/p>\n
A second act?<\/strong><\/p>\n I followed many of these stated retirees, and very few if any retiring entrepreneurs stay that way for long.\u00a0 Their lifestyles may change, sometimes dramatically, but for a driven entrepreneur, a full stop is difficult over time.<\/p>\n Just saying\u2026<\/p>\n","protected":false},"excerpt":{"rendered":" So, you\u2019ve successfully sold your business and have received enough money from the sale to become financially independent, no longer having to work for a living.\u00a0\u00a0 That is a comfortable place to be, and it is one experienced by more … Continue reading