Getting Out from Under:
Leaving Your Business with Your Cash, Sanity, and Soul Intact
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Of the hundreds or thousands of books that have been written about selling your company or creating another exit strategy, almost all have been written by advisors or consultants, not by people who have to “walk the walk,” or by those who actually have done that. I’m not a professional advisor but I am a guy who sold his company. Further, I know a lot of people who have been in the same situation. I found that the books all talk about the process of exiting and how to maximize your money. While these are obviously important, there is another dimension. While my cash was secure, and was more than I would ever need, I found myself depressed because I needed a purpose. Secondly, I needed to feel I did some good for all the employees who had helped me get where I was. Accordingly I wrote a book that discusses all three dimensions of selling a company. I hope you will find reading it as much fun as I found the challenge of writing it.
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About the Book
Selling a company you own is a huge step. It can be fraught with peril and with those who are eager to take advantage. Exiting your business is almost as difficult as starting it. In Getting Out from Under, author Robert J. Fritz discusses the process of selling one’s own business.
Based on his personal experiences of both owning and selling his business, Fritz covers the:
Emotional angst of parting with one’s business
Empty feeling that can come from life without it•Realization that one might not have enough cash for retirement
Desire to make sure one’s loyal employees do not get harmed
Amount of work one must do to part with a privately-owned business
Admonition to not avoid unpleasant thoughts, but to address them and plan for them
A guidebook to selling your business, written by someone who’s been through it successfully, Getting Out from Under helps business owners who want to protect their wealth, secure their family’s future, and feel good about it.
About the Author
Robert J. Fritz is a graduate of Carnegie Mellon University and the Harvard Business School. He took over a small manufacturing company in Cleveland, Ohio; grew it; and then sold it. While running the company for the new private equity owners, he doubled its size again.