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Episode 182

The Journey Beyond the Sale: Lessons from John Rood’s Exit

This week on The Exit: John Rood, the author of “Beyond the Exit”, shares his journey of exiting his test prep business, Next Step Test Preparation, and the challenges he faced post-exit, including uncertainty, depression, and illness.

He discusses the importance of planning for your future beyond the exit, highlighting the need for entrepreneurs to envision their post-exit lives and embrace the transition.

He also provides insights from his upcoming book, which includes interviews with 71 entrepreneurs who have undergone similar experiences.

For more details and insights from his entrepreneurial journey, listen to the latest episode of The Exit.

Personal Bio: 

John Rood is an entrepreneur who loves building companies and who is currently working on Proceptual, a platform for compliance with emerging regulations of Artificial Intelligence and Machine Learning. John was co-founder and CEO at Next Step Test Preparation, which grew from a bootstrapped two-person tutoring operation to a national leader in high-stakes exam preparation in the health sciences. Next Step Test Preparation was acquired by private equity in 2018. Today, John recruits great teams and sets them up for success with strategic clarity, operational excellence, and a focus on results.

LinkedIn: https://www.linkedin.com/in/johnrood1/

X (Twitter): https://twitter.com/johnrood

His Book: https://beyondtheexitbook.com/

The Exit—Presented By Flippa: A 30-minute podcast featuring expert entrepreneurs who have been there and done it. The Exit talks to operators who have bought and sold a business. You’ll learn how they did it, why they did it, and get exposure to the world of exits, a world occupied by a small few, but accessible to many. To listen to the podcast or get daily listing updates, click on flippa.com/the-exit-podcast/

YOUR HOST

Steve McGarry

An entrepreneur, content creator, and investor based in sunny Tampa, Florida. In 2015, while living in San Francisco, Steve sold his first fintech startup LendLayer to Max Levchin’s (founder of PayPal) consumer finance company Affirm.

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