Shane Neman. Secrets of Post-Exit Happiness

Episode - 34

Shane Neman. Secrets of Post-Exit Happiness

 
 
 

Shane Neman. He successfully built and exited two iconic businesses: JoonBug, a digital events powerhouse, and EZ Texting, the largest business SMS software platform in the US.

Today, he manages a substantial real estate portfolio, invested in over 50 startups, and authored the book called Nightlife Lessons: How I Conquered the Business of Partying with Tech.

In this episode, Shane reveals the secrets behind his transition from the daily stress of running two businesses to achieving contentment and impressive financial success.

What We Discussed:

00:00:16: Introduction of Shane Niemann

00:00:29: Shane's first business ventures

00:00:50: Shane's transition to real estate and writing his book

00:01:14: Shane's background and early life

00:02:12: Entering the nightlife industry

00:02:51: Failed startup and transition to Junebug

00:04:05: Early days of Junebug and the rise of ecommerce

00:07:12: Challenges in the nightlife industry and building Junebug

00:07:45: Decision to sell Junebug

00:08:33: Creation of Easy Texting

00:09:23: Running Junebug and Easy Texting simultaneously

00:09:51: Easy Texting's potential and selling Junebug

00:12:01: Burnout and decision to sell Easy Texting

00:13:09: Transition from founder to investor

00:15:54: Transitioning to a mindset of an investor

00:18:30: Learning and mistakes in investing

00:20:27: Importance of learning from experts and finding mentors

00:23:10: Initial real estate investment discussion

00:24:16: Early financial challenges after selling a company

00:25:03: Importance of a good financial advisor

 

00:27:17: The journey of becoming a better investor

00:28:05: Reviewing past decisions for better investment strategies

00:29:02: Balancing time between real estate and venture investments

00:30:09: Writing a book on investment lessons

00:32:03: Responsibility for personal wealth management

00:33:03: Long-term thinking in investment

00:35:17: Transition to personal life insights

00:35:22: Reflections on selling the business and initial joy

00:37:07: Post-sale financial planning stress

00:38:23: Accepting and managing change

00:39:41: Missing the business team and structure

00:40:57: Relocation and new family experiences

00:42:00: Health and wellness post-business sale

00:44:23: Introduction to athletic greens

00:44:41: Daily health habits and routines

00:47:08: Post-exit entrepreneurs and humility lessons

00:49:00: Learning decision making

00:52:01: Importance of introspection

00:55:11: Reflections on introspection and personal growth

00:56:28: How Shane wants to be remembered


 
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Tony Kula. Post-Exit Shift: From Workaholic to Ironman

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Ben White. 'Dark Decade' After $800M Exit: Addiction. Divorce & Financial Losses