I want to ensure our post-sale transition is smooth, but I am terrified of clashing with the buyer's corporate integration team. How do I keep my own ego and self-orientation in check during this transition period?
The post-sale transition is often the most emotionally challenging phase for an exiting founder. To survive it without destroying your legacy, you must actively manage your self-orientation using the trust equation.
Your self-orientation is your focus on yourself versus your focus on others. When the buyer's integration team begins modifying your systems, your natural reaction will be defensive. You must consciously shift your mindset from owner to trusted advisor.
Practice Charles Green's trust creation process by engaging and listening to the buyer’s goals before offering your perspective. Remember that they paid for the right to run the business their way.
Focus your energy on helping your former employees transition successfully into the new corporate structure. Use your remaining time to support, not control. By keeping your self-orientation low, you build immense credibility with the buyer, protect your earnout, and ensure your team is set up for long-term success under the new ownership.
Category: Exit Planning