Exit completed, now what? Tips for founders for the time afterward – from the wealth manager of Rothschild & Co.

Henrik Herr is Managing Director of Rothschild & Co Vermögensverwaltung GmbH and writes here why the exit is just the beginning – and how founders can really get started afterwards .
Selling a company marks the culmination of a founder's entrepreneurial career. However, anyone who believes that the exit necessarily spells the end of their career is mistaken: According to ScienceDirect, only 20 percent of entrepreneurs completely retire after the sale. The majority, however, remain active – just in a new role: from operational decision-maker to strategic investor.
But with this new role comes new challenges. The responsibility isn't diminishing; it's shifting: It's no longer about managing a company, but rather about wisely managing what is usually a significant amount of wealth. And all this in a world characterized by uncertainty, geopolitical tensions, and volatile markets.
Who, if not a successful ex-entrepreneur, can evaluate business models?
Accordingly, many approach the task of preserving, protecting, and increasing their wealth with respect. The familiar focus on their own business gives way to a multitude of opportunities—and risks.
The good news is: With their entrepreneurial horizons, former entrepreneurs have important tools in their luggage to be successful as investors.
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