AM I BURNED OUT?

The 3 Biggest Myths About Exiting Your Business (And What to Do Instead)

business coaching delegation entrepreneurship freedom leadership strategy systems wealth Apr 23, 2025

If you’re an entrepreneur, there’s never a wrong time to think about increasing the value of your business—whether you plan to sell or not.

I’m The Real Jason Duncan, and this blog is for entrepreneurs who want to build thriving businesses without sacrificing their freedom.

Let’s talk about masterminds and the power of the right network:

  • We’ve looked at Andrew Carnegie and how his mastermind of advisors helped him make the biggest business decision of his life.
  • We’ve explored how Henry Ford, Thomas Edison, and The Vagabonds turned road trips into one of the most powerful masterminds in history.
  • And we’ve pulled back the curtain on The Exiter Club and why most masterminds today are broken.

But here’s the real question (And yes, this is the million-dollar question I get asked ALL the time...):

How do you actually escape the grind and step away from your business—without losing everything you’ve built?

Most entrepreneurs have huge misconceptions about exiting. Let’s break them down.

The 3 Biggest Myths About Exiting Your Business

Most entrepreneurs think they have to sell their company to exit—but that’s not true.
Others believe they can’t step away without everything falling apart—but that’s fixable.

Here are the three biggest myths about stepping away from your business—and what to do instead:

❌ Myth #1: Selling Your Business Is the Only Way to Exit

The traditional idea of an exit is simple: Sell your company, take the check, and ride off into the sunset.

Sounds great, right?

But here’s the problem—selling isn’t always the best exit.

  • What if your company isn’t worth as much as you think?
  • What if selling means giving up control before you’re ready?
  • What if you could keep the business AND the cash flow—without working in it every day?

💯 The Truth: You don’t have to sell to exit.

Look, I get it—the idea of selling feels like the finish line. Heck, I used to think the same way!

But what if there’s a better way?

A well-structured business can run without you—paying you indefinitely without requiring you to be there.

This is the “Exit Without Exiting” model I teach inside The Exiter Club, where entrepreneurs build a business that funds their life without owning their time.

❌ Myth #2: Your Business Is Worth What You Think It’s Worth

Here’s a hard truth: Most business owners overestimate the value of their company.

  • They think it’s worth millions.
  • They expect a huge payday.
  • Then they go to sell… and buyers see something completely different.

Why?

Because most small businesses aren’t actually sellable.

Let me share something I see all the time in The Exiter Club. Part of what we do is give entrepreneurs a formal written evaluation of their company within the first 90 days of joining.

Almost without fail, when I meet one-on-one with them to review their valuation, they tell me they thought it would be higher.

Everyone thinks their baby is worth more than it is.

I once spoke with a couple who co-own a business in Illinois. Their valuation came back significantly lower than expected.

When I asked the husband what he thought, he said it was probably about right based on the explanation from our Investment Banking Coach who performed the valuation.

But when I asked his wife, she gave a number 2.5X higher!

Her reasoning? “That’s the true value based on our 30-year history and what the business could bring someone in profitability.”

Looking deeper at our Investment Banking Coach’s notes, I discovered she was actually right—except for one small detail.

The thing keeping their business at the lower valuation was their personal involvement in daily operations.

Once we help them exit daily operations, their business will be worth that higher number, just like she thought.

If your company depends on YOU to function, buyers won’t see value in it—because without you, it falls apart.

When calculating your EBITDA multiple for valuation purposes, buyer discounts for owner dependency can slash your business value by 30–50%.

💯 The Truth: A business is only worth what someone is willing to pay for it.
If you want real value, you have to remove yourself from daily operations.

That’s exactly what we help entrepreneurs do inside The Exiter Club—so their business becomes sellable (even if they never sell).

❌ Myth #3: If You Step Away, Everything Will Fall Apart

Many entrepreneurs fear taking their hands off the wheel because they think their business will collapse without them.

If your business can’t run without you, you don’t own a business—you own a job.

Ouch, right? That one stings a bit, but it’s the wake-up call most of us need.

💯 The Truth: If stepping away means your company crashes, the problem isn’t you—it’s the lack of systems, leadership, and automation.

But here’s the good news:

This can be fixed. And once it is, you’ll have a business that works for you—not one that owns you.

Why Most Entrepreneurs Struggle to Step Away (Even When They Want To)

So if selling isn’t the only way to exit—and stepping away is possible—why do so many entrepreneurs stay stuck?

The three biggest reasons:

#1: They don’t trust their team.
They micromanage or refuse to delegate, keeping themselves trapped in daily operations.

#2: They don’t have systems in place.
Their business runs on tribal knowledge instead of documented processes, making it impossible to scale.

#3: They believe no one can do what they do.
They think they’re the only one who can handle certain tasks—but in reality, they just haven’t built the right team.

Each of these has a solution—and this is exactly what we help entrepreneurs do inside The Exiter Club.

How to Create a Business That Gives You Freedom—Whether You Sell It or Keep It

If you want real freedom, you need to shift from Owner-Operator to Owner-Investor—where your business runs smoothly without you.

Here’s how:

  • Build a Leadership Team: Stop being the bottleneck. Identify, hire, and train the right leaders.
  • Create Systems & Processes: Standardize operations so your team doesn’t need to rely on you for every decision.
  • Automate & Delegate: Use automation and delegation to reduce your involvement in daily tasks.
  • Optimize for Profitability & Scale: Make your business attractive to buyers (even if you never sell), so it generates income without you. Focus on increasing your SDE (Seller’s Discretionary Earnings) while decreasing your Owner ROI (Return on Involvement).

This is exactly what we teach inside The Exiter Club, using our proven XOS™ Method to help entrepreneurs escape the grind.

Wealth isn’t just about money—it’s about building something that outlives you.

Whether you sell your business or keep it as a cash machine, the goal is the same:
Create something valuable that doesn’t require you to run it.

What’s Next? The 3 Exit Strategies Every Entrepreneur Should Know

There are three primary exit strategies every business owner should understand:

The Lifestyle Exit – Keeping the business and letting it fund your life with minimal involvement.
This is my personal favorite and the foundation of our #TheExitLifestyle motto at The Exiter Club. Why wait until you sell to live like you’ve exited? We teach entrepreneurs how to structure their business so they can enjoy the freedom of an exit while maintaining ownership and control.

The Strategic Sale – Positioning your business to attract a high-value buyer.

The Passive Profits Machine – Turning your company into an asset that pays you indefinitely.

If you’ve ever wondered what your best path to freedom looks like, this is where to start. Check out The Exiter Club here

Until then…
Go beyond the grind,
The Real Jason Duncan

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