This YouTube video (Real Estate Team OS, Dec 3, 2023) features a conversational discussion about leadership transitions and the emotional impact of exiting a business. The speaker describes how founders can feel diminished as they scale, must let go of hands-on roles, and may experience a deep depression after a cash exit when money no longer provides purpose.
It's funny when you see leaders go through that transformation and they're like, they feel less important when they get bigger because they're not doing the thing. And the thing that they used to do is maybe doing better than the way they did it, right? And they got to let go of that and be excited about it. But then there's even this third piece of like, what's the ultimate goal of what you're building and why you're building it, and what's your exit strategy? And I've talked to a few massive entrepreneurs who've exited companies. They say they go through a deep depression when they get a cash out from an exit and they're not in the business anymore and they don't feel needed and they don't have like a big why in their life. And money was great for two weeks, and then it just didn't matter anymore, you know? So the whole thing is interesting about the dynamic of shifting through culture of business and leadership. The demands on you change quite a bit through that process.
Zillow, PPC, Referrals… what’s actually working in today’s market? #realestateteam
