This Millennial Sold His Startup for $532 Million — Now He's Back To Work Out of Boredom

6 days ago 6

Tom Grogan, co-founder of Wingstop UK, has expressed dissatisfaction with his newfound wealthiness pursuing the merchantability of a bulk involvement successful his business. The sale, which netted Grogan a hefty $532 million, has near him feeling unfulfilled.

Grogan, who spent 7 years gathering Wingstop UK alongside co-founders Herman Sahota and Saul Lewin, has said that the modulation from entrepreneur to multimillionaire has been little satisfying than expected.

“It's like, Okay, it's done now. Now what? And money doesn't needfully capable that void either,” helium told Fortune.

Despite their newfound wealth, Grogan and his co-founders person found the satellite of fiscal instruments, stocks, and bonds to beryllium a slow-paced and unexciting alteration from the hustle of entrepreneurship.

Grogan’s sentiments echo those of different palmy entrepreneurs, specified arsenic Airbnb CEO Brian Chesky, who described his company's IPO as "one of the saddest periods" of his life, contempt it making him a billionaire, reports the outlet.

Also Read: 28-Year-Old Was An Underpaid Stock Trader, Now She’s A Self-Made Millionaire: ‘Make The Smartest Money Moves You Can’

"You person to present alteration your caput from we're not concern gathering anymore. We've gone from being an entrepreneur to managing money, and they're 2 antithetic accomplishment sets," helium said.

"So we person to observe the satellite of fiscal instruments, stocks, bonds—all of that worldly that's each caller to us, but we're being strategically careful," helium added.

Why It Matters: Grogan’s acquisition serves arsenic a reminder that fiscal occurrence does not needfully equate to idiosyncratic fulfillment.

His communicative underscores the value of intent and passionateness successful one’s work, a sentiment that has been echoed by different palmy entrepreneurs.

Despite his existent feelings of dissatisfaction, Grogan is already readying his adjacent venture.

While helium has ruled retired the nutrient and beverage industry, helium is definite that having a intent to aftermath up for is essential, thing helium presently feels is missing successful his life.