Daniel Priestley

Because that allows them to stand out, scale up and make an impact. So I'm very much like only doing things that are in alignment with my personal mission. And I do stuff that's fun. And the crushing thing about having too much money is that if we want to go down the pity party... What is the crushing thing about having too much money?

Because that allows them to stand out, scale up and make an impact. So I'm very much like only doing things that are in alignment with my personal mission. And I do stuff that's fun. And the crushing thing about having too much money is that if we want to go down the pity party... What is the crushing thing about having too much money?

The crushing thing is that you go from being highly creative to being a money manager. And this is a real problem because the thing that gets you the company exit... is that you poured out creativity. And it was all about expansiveness. And it was all about building something that belonged in the world. And you saw it before everyone else saw it. And you just wanted this thing to exist.

The crushing thing is that you go from being highly creative to being a money manager. And this is a real problem because the thing that gets you the company exit... is that you poured out creativity. And it was all about expansiveness. And it was all about building something that belonged in the world. And you saw it before everyone else saw it. And you just wanted this thing to exist.

So you almost willed it into existence. You enrolled members of the team. You took something that didn't exist and you brought it into the economy and you made it real. And then someone else saw so much value in that that they buy it for nine figures. The problem then is that if you do get a check for a lot of money, you then become what's known as a wealth manager or a money manager.

So you almost willed it into existence. You enrolled members of the team. You took something that didn't exist and you brought it into the economy and you made it real. And then someone else saw so much value in that that they buy it for nine figures. The problem then is that if you do get a check for a lot of money, you then become what's known as a wealth manager or a money manager.

By default, you've gone from this fully creative, expressive thing called your business to this thing that is all about risk and caution and not breaking it and not redoing it.

By default, you've gone from this fully creative, expressive thing called your business to this thing that is all about risk and caution and not breaking it and not redoing it.

I'm not going to say that happens all the time. I also know some people who have some great times post-exit and that actually they live a very great second chapter as well. So it's not a... It almost takes a while to get... It's almost like... Yeah, it's the next personal development, Jay.

I'm not going to say that happens all the time. I also know some people who have some great times post-exit and that actually they live a very great second chapter as well. So it's not a... It almost takes a while to get... It's almost like... Yeah, it's the next personal development, Jay.

So I've got plenty of friends who have sold for hundreds of millions and their second chapter is even greater than their first chapter. Sure, sure. and it's a new form of expression, it's a new form of creativity and they're ready for it and it's great. There's always the mourning and the loss of selling a business, not always, I've sold businesses I've been super happy to sell.

So I've got plenty of friends who have sold for hundreds of millions and their second chapter is even greater than their first chapter. Sure, sure. and it's a new form of expression, it's a new form of creativity and they're ready for it and it's great. There's always the mourning and the loss of selling a business, not always, I've sold businesses I've been super happy to sell.

I sold a business, I bought a business, grew it, sold it, sold it to a New York public listed company and it was a great deal and I was like, fantastic, on to the next thing. So I've had times where that's happened. For me personally, what I've noticed as a common theme is that you wanna sell a company for enough money so you can do anything, but not enough that you can do nothing.

I sold a business, I bought a business, grew it, sold it, sold it to a New York public listed company and it was a great deal and I was like, fantastic, on to the next thing. So I've had times where that's happened. For me personally, what I've noticed as a common theme is that you wanna sell a company for enough money so you can do anything, but not enough that you can do nothing.

A lot of the happiest people I know, they sell companies for like 10 to 50 million and they've now got capital behind them and they can do big things. Do something else with it, yeah. But they're still energetically in the game. I've got some friends who have sold money for closer to a billion. And that's kind of weird because almost nothing becomes, like, everything's meaningless at that point.

A lot of the happiest people I know, they sell companies for like 10 to 50 million and they've now got capital behind them and they can do big things. Do something else with it, yeah. But they're still energetically in the game. I've got some friends who have sold money for closer to a billion. And that's kind of weird because almost nothing becomes, like, everything's meaningless at that point.

Yeah, like, I'm just going to have houses around the world and I'm going to travel in private jet. And it's like, oh, and everyone's busy. Like, I can do anything, but everyone else is busy. Everyone's trying to make a living. Yeah, yeah, yeah. And then you scroll through, you know, I was talking to a friend of mine who had that situation.

Yeah, like, I'm just going to have houses around the world and I'm going to travel in private jet. And it's like, oh, and everyone's busy. Like, I can do anything, but everyone else is busy. Everyone's trying to make a living. Yeah, yeah, yeah. And then you scroll through, you know, I was talking to a friend of mine who had that situation.

He said, you know, you scroll through the news or you scroll through Facebook and it's actually quite... Painful because you kind of know in the back of your mind you could take action on this you could solve that problem You could help that person and then it becomes overwhelming. So you then have to develop a crust You know so interesting.

He said, you know, you scroll through the news or you scroll through Facebook and it's actually quite... Painful because you kind of know in the back of your mind you could take action on this you could solve that problem You could help that person and then it becomes overwhelming. So you then have to develop a crust You know so interesting.