Exited Founder Podcast | Rachel Murphy: Selling to a Competitor and Building a Founder Exit Playbook

The Wise Exit

Exited Founder Podcast | Rachel Murphy: Selling to a Competitor and Building a Founder Exit Playbook

The Wise ExitMar 25, 2026

Why It Matters

Understanding the human side of exits—how personal adversity can fuel strategic decisions—offers founders a realistic roadmap for building and selling companies. Rachel’s blend of emotional resilience, disciplined valuation, and market‑mapping tools provides actionable insights for anyone looking to maximize exit value in today’s fast‑moving tech and healthcare sectors.

Key Takeaways

  • Founder built consultancy, sold first business for £1M (~$1.25M).
  • Personal crisis accelerated first exit, impacting emotional readiness.
  • Second venture targeted government health contracts, achieved eight‑figure exit.
  • Used Wardley mapping for market awareness and buyer identification.
  • COVID‑era sale required remote due diligence, digital signatures.

Pulse Analysis

Rachel Murphy’s entrepreneurial journey began with a teenage side‑hustle and evolved into a consultancy that generated roughly £1 million (about $1.25 million) in its first year. After scaling the firm, she sold it while coping with her step‑daughter’s severe illness, a personal crisis that forced an accelerated, emotionally charged exit. The experience highlighted how family emergencies can dictate timing and underscored the value of having seasoned advisors—her father’s private‑equity background proved crucial in navigating the first M&A transaction.

A decade later, Murphy launched a second venture focused on delivering user‑centered design services for UK government health projects, including the NHS app used by 40 million citizens and the national COVID‑19 testing platform. Leveraging confidence, a clear margin target, and strategic tools like Wardley mapping, she identified a competitor as the optimal buyer. The deliberate, eight‑figure exit (well over $10 million) was executed during the pandemic, relying on remote due diligence, DocuSign, and virtual negotiations—demonstrating that high‑stakes deals can close without face‑to‑face interaction.

For founders eyeing an exit, Murphy’s story stresses three actionable lessons: build an intentional exit playbook early, secure advisors who can bridge finance and strategy, and maintain rigorous financial discipline to survive the dual demands of running a business and selling it. Understanding market dynamics through frameworks such as Wardley mapping helps pinpoint the right buyer pool, while preparing data rooms and independent valuations reduces surprise during due diligence. Ultimately, balancing emotional resilience with strategic foresight transforms a chaotic sale into a structured, value‑maximizing outcome.

Episode Description

Rachel Murphy has been an entrepreneur since she was 12 years old, when she hired her mates to wash cars and kept a cut for herself. That early instinct for building things led her to launch an e-learning systems training academy in her 20s. Then she did it again, building a consulting firm that led large-scale digital transformation for the UK's National Health Service, including standing up the country's Covid-19 digital testing infrastructure.

In this episode, Rachel talks about what it was like to sell her second business to a competitor she'd been building a relationship with for years, she shares the emotional reality of running an M&A process while simultaneously managing day-to-day operations, and talks about the steep learning curve of selling to a listed company. 

Rachel also opens up about life after exit, from a period of deep self-discovery to building The Grafter, a methodology and service designed to help founders grow revenue, raise capital, and prepare for an exit on their terms. After approaching 42 companies and signing 21, Rachel proved the model works. Today, Rachel is paying it forward as an Exited Founder with Exitwise, bringing her experience as a two-time exited founder to help fellow entrepreneurs navigate M&A transactions. She and Brian also announce a brand-new global partnership between Exitwise and The Grafter. 

If you're a founder thinking about selling your business, this one's for you.

Learn more about Rachel: https://exitwise.com/founders/rachel-murphy

Thinking about selling your business? Visit https://exitwise.com

Show Notes

Comments

Want to join the conversation?

Loading comments...