Everything Dr. Sherry Walling said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Founders often experience a mental implosion during and after an exit
“Even when an exit is going smoothly, the untold story is that many founders experience a significant mental implosion during and after the process.”
Startups are almost certainly more valuable when detached from their founders
“The business may be more valuable. It almost certainly will be more valuable if it isn't tied to you.”
Separating founder identity from the business early on drives exit success
“This de-identification between your selfhood And the business that you're running. And if you can strike that balance well early in your business, I think you are just set up for success in a lot of ways, not just in your exit, but in your mental wellbeing and…”
Exiting due to burnout is often the wrong choice, says Sherry Walling
“So we talk about some of the internal cues like existential restlessness or energy levels, some even burnout. And when maybe those things lead you to want to sell cause you want out, but they're not always the best for you in the long run or the best for the b…”
Acquisitions strip founders of their ability to use anxiety as fuel
“It really is a challenge to construct some internal buffers around your own anxiety, especially for entrepreneurs who have often used their anxiety or their agitation as fuel to get things done. But in this process, you can only get done what is on your to-do …”
Retiring on a beach after an exit fails for most founders
“I'm just going to go retire on a beach in Mexico, which is also like not true for the vast majority of entrepreneurs. It's not an accurate read of themselves. So it's about like needing too much to be an entrepreneur in the prove I can do it again sense, or no…”
Dr. Sherry Walling: Founders need non-business passion projects to balance neural circuitry
“And so I talk a lot with founders about hobbies, about passion projects, about legacy work, about having a cause or a thing that you think matters and having that be really important in your life, not to take away from your primary focus on your business, but …”
Dr. Sherry Walling: Financially successful exits often trigger emptiness in founders
“An exit is phenomenally successful. Someone walks away with a pile of money. Everybody's happy. That founder is often in the midst of a great deal of emptiness and lostness that is very, very difficult to voice. So anyway, exits are way more difficult than peo…”
Dr. Sherry Walling: Company Exits Involve Substantial Grief Despite Big Paydays
“And there is so much grief that goes along with that, even if it's a great payday, even if it's the thing that they worked for and they wanted. It's still this major shift, and there are lots of losses.”
Sherry Walling: Biological recovery from true burnout requires a six-week break
“So when we're talking about true burnout, I mean, somebody who's really quite fried, we have to take a long enough break to let the cells in the brain rebuild, and that's why you know, often you are talking about probably a six week break, which is, nobody lov…”
Mabel's Labels sold for $12 million after an unsolicited buyout offer
“Julie Ellis and her three co-founders hadn't intended to sell their beloved children's label company, Mabel's labels. But when one of the largest companies in their space made a twelve million dollar offer, The four co-CEOs decided it was time.”
Exits are uniquely isolating identity disruptions compared to typical life milestones
“Exits are such extraordinary events. They're just not commonly occurring. And so it's like getting divorced or sending a kid to college or Watching your parents pass away. It's this major reworking of your identity and what you do during the day and what matte…”
Sherry Walling: Burnout impairs brain flexibility and major decision-making
“Burnout literally makes our brains less flexible and less fluid. It's not the best state of mind in which to make a really significant decision.”
Sherry Walling produced an accredited circus show for mental health professionals
“So this is the second circus show that I've created and it involves 20 artists and we had 400 attendees over three shows. One of the shows was a continuing education class for licensed psychologists, marriage, family therapists, social workers living in our st…”