Planning for what you want to do post-ownership is something you must not forget about! You will be transitioning out of a role that has likely become a large part of your identity. So the question becomes, what will you be transitioning into? While it may be tempting to put off thinking about this, and focus on the challenges at hand, it is important to begin considering your next steps right away. While you may no longer formally ‘work’, you are certainly not at the end of your rope. Take time to celebrate a new beginning and consider fulfilling some of your lifelong dreams as an individual, couple and family.
There are many opportunities to tap into, some of which you may even have started being involved with. Here are some of the most interesting roles you can begin to dedicate your time to.
For more examples of what this might look like, click the LEARN MORE button.
Transitioning to the Next Challenge
Leaving a long-time work role allows the transitioning owner to focus on their purposeful life and mission.
Bridge Employment
Decide, or agree, to continue working a reduced schedule to ease the family transition or MBO process
Community Involvement & Philanthropy
Join a cause or work with members of your family to create positive change in your community
Increased Family Involvement
Initiate more intergenerational family cooperation and cohesion
Invest in the Rising-Generation
Invest time in working with the rising generation on the things they are passionate about
Board Membership & Mentorship
Pursue opportunities to leverage your knowledge & expertise for others by joining a board or through mentorship
