
Selling Your Business? What Happens the Morning After
What happens to you the morning after you sell the business you spent a decade building? I’ve sat with founders who planned every number of their exit and never once planned for the person left standing when the deal closes. In this episode I sit down with Jennifer Fondrevay, who went through three acquisitions worth billions from the inside and then interviewed more than 60 CEOs to find out whether what she felt was normal. We get into the emotional side of exiting that nobody prepares you for, why grief shows up even when the deal goes well, and the question I ask every founder that almost none of them can answer. Jennifer is an M&A culture and change consultant, TEDx speaker and author of the bestselling Now What? A Survivor’s Guide for Thriving Through Mergers and Acquisitions. Interested in freeing yourself in the business? Take the exit ready diagnostics test and identify the gaps in your growth and scale model. Go here: https://readytoexit.scoreapp.com/ Value Bombs Why your identity disappears the moment the deal closes The stages of grief every founder goes through after an exit Where betrayal creeps in and how fast trust collapses with your senior team The six month rule Jennifer gives founders handing over the keys A music exercise that gets CEOs talking openly about loss Timestamps 00:00 What nobody tells you about selling your business 05:43 From advertising executive to accidental M&A expert 09:39 Interviewing 60 CEOs to find the patterns 11:01 The team that had been leaderless for a year 14:05 When she realised she had to write the book 15:45 Does everyone go through an identity shift after a deal? 18:11 The stages of grief after an acquisition 23:15 Where betrayal and feeling blindsided show up 24:45 Why this doesn't mean you shouldn't exit 26:43 Who are you after you sell your business? 29:23 The exit planning question founders can't answer 33:16 Legacy versus impact after exit 34:20 The visualisation exercise for founders 37:14 Preparing for the emotional exit, not just the financial one 39:39 How to rebuild your identity without your business 43:20 Peeling back the layers of founder identity 46:11 Why there's no secret formula for exit 48:21 Coaching: leading a team through an acquisition 56:17 Coaching: lonely at the top during a deal 57:46 The playlist exercise that gets CEOs talking about grief 1:01:32 Integration debt and what's next for Jennifer ABOUT THE GUEST LinkedIn: Jennifer Fondrevay Instagram: @jenniferj.fondrevay Freebie: Resources ABOUT THE HOST LinkedIn: https://www.linkedin.com/in/adamistrong Website: https://adamstrong.net YouTube: https://www.youtube.com/adamstrong













