Lessons from selling my business: Steve Witt, UKDomains – St. James’s Place
Entrepreneur Steve Witt reached a low after exiting his company and had to rediscover his purpose to fill the void that was left.
At a glance
Exiting a business that you’ve built from scratch will have a financial – and often emotional – impact.
Preparation ahead of an exit – to understand your company’s true value and to find the right people to work with – is just as important as thinking of your post-sale future.
Having a plan for yourself and your newfound wealth after an exit is crucial for your overall wellbeing. A financial adviser can help you to understand how your wealth can help you meet your long-term financial goals.
Entrepreneur Steve Witt has started and grown several businesses during his career, including his current venture, The Travel Franchise. In 2008, he sold UKDomains, a company offering web domain services, which he’d built from scratch, for several million pounds. Yet despite his newfound wealth and freedom, Steve felt “nothing but grief”.
“I thought it…
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source: https://news.oneseocompany.com/2023/08/16/lessons-from-selling-my-business-steve-witt-ukdomains-st-jamess-place_2023081649009.html
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