As an entrepreneur, you've spent years working on your passion and then the time comes: you sell a business. And then?
For some entrepreneurs, the peace of mind comes as a relief, but for others it's like an endless fall into a black hole. Suddenly you have time to spare and a well-filled bank account, but what good is it if you don't have a new goal?
The possibilities in a nutshell
Starting a business is a unique adventure, which is why many entrepreneurs simply start over. A new sector, a fresh spreadsheet and the excitement of a new project. Of course, you have to have the sense and energy for it, but rest assured: there are plenty of other options as well.
It goes without saying that saving is not so attractive these days. You can forget about passive retirement, especially with today's inflation. It is essential to be smart with your assets. Explore your options and consider the following:
- Investing in real estate is an attractive option for the wealthy among us. By putting your money in bricks, you benefit from tax advantages and ensure that economic fluctuations do not have too great an impact on your nest egg;
- Investing in stocks is a smart way to increase your wealth so you can benefit from exit days longer;
- Investing in crypto is currently under some pressure, but like investing in stocks, it is a great way to increase your wealth. Of course there are various risks involved in investing, but the stable coins in particular will be an attractive option for the long term.
Helping young entrepreneurs
But most entrepreneurs who have recently sold a business also choose to invest their wealth in other businesses, keeping you involved in entrepreneurship but taking on a different - less intensive - role. Especially transferring knowledge and experience to young entrepreneurs is a meaningful role for (former) entrepreneurs.
Besides a life as a business angel, you can also, for example, guide startups in setting up successful businesses. Therefore, you regularly see experience experts returning as business coaches.