10/09/2017 • Written by Ann Grant

Sharon: A Post-Divorce Success Story

At 55 years old, Sharon arrived in my office with shoulders hunched and downcast eyes. She explained that her marriage of 25 years was over, and that she was going to start looking for a job as a secretary – she had never worked as a secretary. She was depressed and grieving deeply.

Sharon is now the successful CEO of a multi-million dollar company. How did this happen? Through sheer grit and determination … and some strategic negotiating.

Before Sharon married, her passion was fashion and travel. When she married Bill, she turned that passion into a successful clothing company, that focused on high-end European designs. Once Sharon began having children, she shifted her focus to the company’s domestic operations and Bill traveled and handled the overseas suppliers. After the arrival of their third child, Sharon stepped away from the business to raise the kids. The company thrived so long as the marriage was working. But when the marriage went sideways, so did the company. The company lost its biggest supplier and revenues plummeted. When Sharon arrived in my office, the company was on the verge of declaring bankruptcy and she thought her only recourse was to try to find a job. And of course, trying to find a job at the age of 55 is not easy.

As I talked to Sharon, I encouraged her to envision a different outcome. This company was her baby, her firstborn! It was her idea and her passion. What if we could find a way for her to keep the company, and she could reinvent herself? At first, Sharon was reluctant. She had three kids—now teenagers—and she couldn’t wrap her head around the idea of being a single mom and running a struggling company. But together, we dreamed up a new and better life for her, one where SHE was the boss and her company was thriving. Then we both got to work.

We collaborated in putting together a settlement proposal whereby Sharon would take over the company and in exchange, Bill would receive the building the company occupied. It took several 4-way settlement conferences—meetings between Sharon, Bill, and the attorneys—but eventually we hammered out a deal. Today, Sharon is the CEO of a thriving fashion company, she travels the world in connection with her work, and she is raising three wonderful teenagers who are also thriving. Sure, times were challenging when she was juggling the kids and getting the company back on track, but she did it. The company is thriving and so is Sharon. She is unrecognizable from the woman who walked into my office. She emanates positive energy and enthusiasm and she is her own woman.

“If we did all the things we were capable of, we would astound ourselves” – Thomas Edison

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