David Rich

Founder @ Palabra

About David Rich

Most entrepreneurs who have sold their company spend restless nights pondering their next move. This often stems from a loss of structure, meaning, and identity, all of which were driven by their company prior to the transaction… To fill the void they will often rush to find meaning by: 1) Spending their newfound time serving on different boards 2) Getting lost in the minutiae of their personal investments 3) Searching for “purpose” using a patchwork of disparate tools How can an entrepreneur unlock a future that is bigger than their past if they’re trapped in that liminal space between prior purpose and future impact? When persistent feelings of uncertainty, loss, and regret take hold, these entrepreneurs may even start asking themselves: "Was it a mistake to sell my company?” But focus, creative exploration, and deep work can resolve and reset this ambivalence. I recommend a 1:1, guided approach because it’s the most effective way for seasoned entrepreneurs to find fulfillment and impact post-exit. Here’s my 3-step method to redefine your next phase: 1) Conduct a purpose audit to help you get clear on who you are and what you value 2) Rewrite your narrative to recast your internal doubts into a story of growth and opportunity 3) Develop a set of goals with which to embark on your new path filled with purpose Entrepreneurship post-exit can be rewarding. You can spend time on things that matter, and find meaning in your collaborations with others. DM "next chapter" if you're ready to reframe and redesign your post-exit journey.

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