Next chapter in life

searcher profile

May 04, 2025

by a searcher in New York, NY, USA

Did a self funded search a couple years back. Want to exit. Have capped out on growth. Don't see much more growth (or very slow growth) from here due to various business constraints. Should have an low 8 figure exit. Want to do something else moving forward. Tired of dealing with the stresses of operating. Not interested in holding the business anymore. People have told me to hire a good CEO and step off the gas and keep it as a cash cow. Its risky - what if they mess up? More inclined to sell at this point. Whats next? What do self funded searchers do after an exit (or where can they pivot too)? Would possibly be interested in a LMM PE fund/SBIC fund and do LMM acquisitions if thats an option.
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commentor profile
Reply by a searcher
in Rochester, MI, USA
Not trying to make this a philosophical discussion, but why did you buy a firm in the first place? 10M+ is a whole lot of money for anyone, regardless of lifestyle of place of living. What is it that you are looking for in the next stage of your life? More/less responsibility, greater freedom, less stress (depends on what you consider a stressor)? I've met many folks that do it for the money and nothing else. Money absolutely buys happiness, opportunity, etc, but it doesn't directly buy fulfillment. That's something that takes introspection to figure out. If the next step is a "bigger, better" venture in the business world, more power to you. I think depending on your connections and experience you might be able to start/join a fund. I've also seen a decent amount of folks become angel investors for other searchers and had that turn out quite well.
commentor profile
Reply by a searcher
in London, UK
Probably a completely wild recommendation, but when I had hit a similar point with my start up, I spent 6 months in buddhist monasteries - one extreme to the other haha Helped a lot and I realised I wasn't being generous or grateful enough. Completely changed my life tbh, especially the silent retreat. Dm me and I can send some more details, but in the mean time talks from this monk have helped me tremendously - https://pca.st/episode/007930d0###-###-#### cb63-5f4c86fd3263 (this is the talk I'm currently listening to) My compassion is with you as I've been in a similar spot!
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