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Entrepreneurs come in many shapes and forms, and their ideas can act as drivers of economic growth for countries and industries. Their companies and creations can soar to fantastical valuations, becoming embedded in the everyday lives of billions and creating wealth for their founders. But equally, they can never make it off the drawing board or can disappear without a trace.

For those bright sparks whose ideas really catch fire, building and running a company of their own creation can be exhilarating. But there may come a time, for whatever reason, when they feel it’s right to step aside, passing the baton on or even selling up entirely. But when and why does this happen? What are the implications? And who should entrepreneurs be turning to for guidance?

In this episode of the Wealth Insights podcast, we explore:

• The highs and lows of gaining and passing on control in business
• The ways in which entrepreneurs can work toward a successful exit
• What to expect post-sale of a business