We recently asked a long-time client, “When are you going to sell your business?” “Oh, in about five years,” he said. That has been his answer for a long time – I think it’s safe to say for twenty years. It’s always in about five years. He has no intentions of selling or retiring – he’s just having too much fun and making lots of money. How old do you think he is? Well, the last time we asked him the big question, he was seventy-nine…
You really need to have a vision of where you want to be in your life. If you don’t have a vision, you will probably miss a lot of life – in five-year chunks.
You put a lot of blood, sweat, and tears into your own business. You continue to make a huge emotional and psychological investment in it. Your business is fascinating. Your business is challenging. It may well be a source of social networks and personal relationships. Many owners have a lot of fun with their business.