I want to exit my business but I also want to make sure my family and wealth manager are aligned with what my post-sale life looks like. How do I construct a Personal V/TO® to plan my life after the sale so I do not end up trying to micromanage my spouse or getting depressed?

Question

Tyler Smith · Accepted Answer

The sudden loss of identity and purpose after selling a business is a major cause of post-transaction regret. As an owner, you have spent years running on a high-octane mix of problem-solving and leadership. To survive the transition, you must apply the same strategic discipline to your personal life that you applied to your business. You need a Personal V/TO® (Vision/Transition Organizer).

- Start by defining your Core Values. These are the non-negotiable principles that will guide how you spend your time and resources when you no longer have a company to run.
- Next, write your personal 10-Year Target. This is not about financial goals, but about the legacy, lifestyle, and relationships you want to cultivate.
- Then, break that down into a 3-Year Picture and a 1-Year Plan. What does a successful year look like for you, your spouse, and your family? Focus on health, philanthropy, mentoring, or new hobbies.
- Finally, establish personal quarterly Rocks. This keeps you accountable to yourself and prevents you from drifting into a state of aimless boredom or trying to run your household like a corporate entity.

By designing a clear personal vision, you ensure that you are running toward a compelling future rather than just running away from your business.