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The buyer wants me to stay on as a consultant for twelve months post-sale, but I am worried about the friction of having a boss for the first time in twenty years. How do I define my operational boundaries to survive this transition period?

Staying on as a consultant after selling your company is a common requirement, but it is often a recipe for frustration. As the founder and Visionary, you are used to calling the shots. Suddenly finding yourself as a subordinate can lead to friction and conflict.

To survive this transition, you must establish clear, non-negotiable boundaries before signing the deal. Define your post-sale role with extreme specificity in your employment agreement. Your responsibilities should be focused on areas where you add the most value, such as strategic partnerships or product innovation, while leaving daily operations entirely to the new management.

Mentally commit to letting go of operational control. Accept that the new owners will make decisions you disagree with, and understand that your role is to advise, not to decide.

Use your weekly or monthly check-ins with the new leadership to provide feedback, but do not bypass the new chain of command. By respecting the new CEO's authority and focusing on your defined areas of contribution, you can protect your remaining equity, preserve your legacy, and complete your transition period with your professional relationships intact.

Category: Exit Planning

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