Interesting observation for entrepreneurs

Someone sent me a paper recently that was authored by Columbia Business School, sponsored by Credit Suisse.

It was entitled “Life after an Exit – How Entrepreneurs Transition to the Next Stage”.

Actually it was a really interesting paper for me. I know that many people say things like “it was her baby….she is going to find it difficult letting it go” etc. But, I’ve been feeling more and more that really over-simplifies things. I would advise any entrepreneur that is considering selling their company to read the paper….email me for a copy if you like….it’s some great advice.

A small exceprt:

Every successful entrepreneur interviewed stated that building one’s company becomes one’s purpose, one’s prime community for relationships with people, and the main and most meaningful thing one does with one’s time. While building an enterprise, an entrepreneur creates the company’s values and purpose, controls the type of people hired, and controls the way time is structured. An entrepreneur in effect creates a utopia where one works with the people one wishes to work with on a purpose of one’s choosing and in a manner and time one chooses. Given the degree of control over such critical elements of life, an entrepreneur can be caught totally off guard by the scope of change triggered by the sale of a company.

That is what Nimsoft is….

Have we created a utopia? Well, not sure about utopia but I certainly love the people that we work with, love our values and our purpose and how we work together.

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