You Think You'd Have Time Until You Don't - Jerome Myers

23/02/2025 19 min
You Think You'd Have Time Until You Don't - Jerome Myers

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Episode Synopsis

What if the biggest myth about exit planning is also the most dangerous? In this solo episode, Jerome Myers, America's leading exit authority, breaks down the costly mistake founders make—waiting too long to plan their next move.

He shares hard-hitting insights on the Founder’s Exit Paradox and why delaying the conversation about “what’s next” can leave you lost, unfulfilled, or even financially vulnerable. Jerome explores the excuses founders tell themselves, the four unexpected reasons entrepreneurs are forced to exit, and the ultimate question every business owner should ask: If you only had six months left before you had to exit, what would you do differently today?

[00:00 - 02:44] The Exit Paradox: The Dangerous Myth That’s Holding You Back

Waiting too long to plan leads to regret

Exit is a transition, not the end

Are you exiting from or to something?


[02:45 - 008:51] The Three Excuses Founders Use to Delay Their Next Move

“I’m too busy.” Avoiding the future creates problems

“I don’t know what’s next.” Clarity comes from action

“I love what I do.” Staying too long can cost you


[08:52 - 13:48] The Four Unexpected Reasons Founders Are Forced to Exit

Burnout: Overworking leads to exhaustion

Death/Disease: Without you, does your business survive?

Divorce: Work-life imbalance strains relationships

Market Forces: Timing impacts exit success


[13:49 - 16:57] Exit Planning as a Responsibility, Not an Afterthought

Businesses relying on founders are worth less

Liquidity creates freedom and security

Innovative founders build self-sustaining companies


[16:58] The Critical Question Every Founder Must Ask

What would you prioritize with six months left?

The Exit Readiness Assessment reveals blind spots

Take action before time forces your hand.


Key Quotes:
“If you had six months before your exit, what would you do differently today?” - Jerome Myers

“The biggest lie founders tell themselves is, ‘I’ll figure it out when the time comes.’” - Jerome Myers

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