In episode 743, Rob Walling and Dr. Sherry Walling read the first chapter of their new book, Exit Strategy: The Entrepreneur’s Guide to Selling Your Company Without Regret. They discuss the emotional and psychological challenges of selling a business, and why it’s often harder than founders expect. They offer insights on how to prepare for a sale, protect your mental health, and how to best navigate this major life change that few others understand. Back the book on Kickstarter Episode Sponsor: Hiring senior developers can really move the needle in your business, but if you bring on the wrong person, you can quickly burn through your runway. If you need help finding a vetted, senior, results-oriented developer, you should reach out to today’s sponsor, Lemon.io. For years, they’ve been helping our audience find high quality, global talent at competitive rates, and they can help you too. Longtime listener Chaz Yoon, hired a senior developer from Lemon.io and said his hire ”definitely knew his stuff, provided appropriate feedback and pushback, and had great communication, including very fluent English. He really exceeded my expectations.” Chaz said he’d definitely use Lemon.io again when he’s looking for a senior level engineer. To learn more and get a 15% discount on your first four weeks of working with a developer at lemon.io/startups. Topics we cover: (1:49) – Exit Strategy Introduction (6:56) – Exits are complicated (11:16) – One of the hardest things you’ll ever do (15:57) – Your business is your baby (18:35) – Entering the unknown (26:49) – Six factors that shape how you feel about an exit (31:03) – Making it real Links from the Show: Exit Strategy: The Entrepreneur's Guide to Selling Your Business Without Regret Back the book on Kickstarter MicroConf Connect Applications Close Today, December 10th Rob Walling (@robwalling) | X Dr. Sherry Walling (@sherrywalling) | X The SaaS Playbook Built to Sell by John Warrillow Touching Two Worlds by Dr. Sherry Walling The Entrepreneur’s Guide to Keeping Your Sh*t Together by Sherry Walling, PhD, Rob Walling If you have questions about starting or scaling a software business that you’d like for us to cover, please submit your quest...

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“What did the council decide on item 42?” — answered with the speaker and the moment.