How do I Half-Retire®, I’m Out of Gas
As a lifelong business owner myself, empathy for the plight of business owners has never been difficult. I hear business owners say, “I need to be Half-Retired™ NOW! I don’t have the energy to do the work required.”
Good news, there is a simple solution to this problem, sell the business. If you are looking for a solution that allows you to wash your hands of the difficulties of business ownership and not have to deal with the issues, selling is the answer. Let’s be realistic though, selling the business doesn’t make the problems go away. It transfers the problems to the buyer. Shoot, that sounds great, right? However, business buyers aren’t stupid. They unearth every problem and find every skeleton in the closet. When they do, they say, “Sure, I will take on this problem… for a price.” When you Half-Retire®, you don’t sell your problems; you buy your problems
Good news: There is a solution which is a much better solution than taking a massive discount on the value of your business. Move past the frustration and desire for instant gratification and Half-Retire®. Instead of selling your problems to a business buyer, buy them yourself. You know how to fix them, and you can do it more quickly and easily than anyone else on the planet. This means that you can buy your own problems for a massive discount, fix them and profit enormously.
Business owners tell us that it can be tough to go Half-Retirement™ alone. If you are looking for a community of business owners working towards Half-Retirement™, check out the online group. It’s a great place to stay motivated, learn best practices, and keep on track in your process.