S02E12 Ruth Sturkey - The Unexpected Lessons from Selling My Business. Insights from a former adviser.
Manage episode 363637259 series 3364430
My conversation this time is a little different and rather intriguing.
Ruth Sturkey spent her career advising entrepreneurs and executives about their big life transitions, such as selling their businesses and retiring.
And then was faced with planning her own business sale and retirement - or at least the next chapter of her life.
By her admission, and despite having advised clients for years, she admits she felt somewhat unprepared and is now happy to share her experiences so that others can learn.
In our wide-ranging conversation, she discussed how the serious illness of her business partner caused a 3-year exit plan to be reduced to 3 weeks and highlighted the importance of having your business risk plan in place to manage the unexpected.
She explains how we've got the concept of retirement all wrong, and why she’s had to learn the hard way how to do it well.
And she talks about life after the business sale, what she misses, and what she would do differently if she had her time again.
Some real nuggets of wisdom and profound insights which will be truly valuable to you.
And as someone who has spent several decades talking to wealthy clients, listen to her description of true wealth - its a lot of fun.
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But now, stand by to learn from someone who can share her experience from both sides of the table - as an adviser to entrepreneurs and then as a successfully exited entrepreneur herself
- ladies and gentlemen, I give you Ruth Sturkey...