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THE ART OF A HAPPY EXIT: How Smart Entrepreneurs Sell Their Businesses

 

The Art of a Happy Exit by Srikrishna teaches you everything you needed to know about selling your venture but were afraid to ask. The book will help you make the right decisions financially, emotionally, and organizationally.

– Ashok Soota, Executive Chairman, Happiest Minds; Founding Chairman & MD, Mindtree

Start-up exits invariably make headlines, but do they make the entrepreneurs happy? When US entrepreneur Tim McCarthy sold his business for $45 million in cash, why was he miserable the next one year? Is there such a thing as seller’s remorse and how do you avoid it?

The Art of a Happy Exit answers these questions and more through the stories of twenty entrepreneurs who’ve sold their businesses to varying degrees of happiness. The stories span two bubbles, two downturns and an era of growing capital investment. The book helps entrepreneurs get prepared for all that selling their business entails. Between the stories, the book lays out the typical steps involved in a business sale, each with its own practical checklist. The result is a book that will help readers gain greater self-awareness of what they seek and how best to go about getting it and ensuring the happiness of all involved with the outcome.

‘Every entrepreneur I spoke with began their story with ‘I have no regrets,’ says K. Srikrishna, author of The Art of a Happy Exit. Yet, each of them had many a tale of what they would do differently. It’s these insights and lessons that will help readers make their businesses and future exits better and happier.’

About the Author:

K. Srikrishna is a veteran of four entrepreneurial ventures and a professor at Northeastern University, USA, where he teaches entrepreneurship and innovation. He grew his first startup from a bootstrapped organization to a global leader in wireless stereo before its acquisition in 2006. Since then, as an investor and a mentor he’s been a part of over ten exits. He divides his time between the USA and India.

Srikrishna’s book has it all: captivating stories of real-world entrepreneurs and the exits they’ve achieved—some happy, some not so happy; a thoughtful structure and an abundance of hands-on tools and checklists to ensure that you start applying what you learn. Don’t even think about selling your ‘baby’ without reading this book!

John Mullins, Associate Professor, London Business School; Author of Getting To Plan B, The New Business Road Test And The Customer ­Funded Business

RELEASE DATE: 23 March 2021

Harper Business ₹499

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