The problem I see is people selling too young. About 99% of the agents I know who sold their book of business young regretted the decision. Once you sell, it’s almost a guarantee you’ll despise working in corporate America for the man. Do it when you’re ready to retire.
I agree with this 100%. I have a buddy who's about to sell his company to PE. Dude's not even 40 yet. It's been in his family for generations. I've been telling him he's nuts. It would be one thing if you make so much your kids would never have to work, but I don't think he'll be able to retire without changing his lifestyle off of what he's going to get.