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I’ve been in the driver’s seat my entire career… then I sold all 3 of my businesses in 10 months and decided to be the passenger for once. Here’s why I did it.
Comment “IDEA” if you’re trying to figure out the right business idea to build. I’ll send over the framework I use.
#entrepreneurship #founder #startup #ferrari360
Transcript
Sold all three of my businesses in ten months. Let's go for a drive. I'll explain. I was running three companies at the same time. Peele, an iPhone case brand, Ludwig, historic hotel, and somewhere.com, a headhunting agency connecting companies with overseas talent. Together, they were doing 8 figures in revenue. Then in the span of ten months, I let go of all of them. The plan was straightforward. Worse Peel, sell the hotel, go all in on somewhere. And good, I wasn't in the weeds. I had GMs running Peele and Ludwig and a COO mostly managing somewhere.com. But owning multiple businesses takes up mental real estate even when you're not in the day to day. I wanted to simplify. So we sold Peele and Ludwig, both solid exits. We ended up selling somewhere.com too. Why walk away from all three businesses? Four real reasons. One, mind share is everything. I was already doing everything right. GMs, COO, great teams across all three, and I still carry this mental load in the background. It's hard to be present with your kids when part of your brain is always on the business. I had to be honest about what that was costing me. Two, regret cuts both ways. I cover this in-depth in my