Your Legacy Plan - What Will You Be Known For?
Part of Playbook 8: Your Long-Term Vision - From Business to Legacy
By the end of this chapter, you'll have actionable steps and a clear framework to move forward — no matter where you're starting from.
Let's end where we began -- with a question about what this all means.
When you received that layoff notice, it felt like an ending. You were forced out of a role that gave you structure, income, community, and identity. Everything that felt certain became uncertain.
Now, months or years later, you've built something from that uncertainty. You've taken expertise that a corporation decided it no longer needed and turned it into a business that serves real people, solves real problems, and earns real income. You did that. Nobody handed it to you.
That journey -- from layoff to launch -- is not just a business story. It's a story about resilience, about self-knowledge, and about the remarkable value of experience that took decades to build.
This final chapter is about looking beyond the next quarter, the next client, the next milestone -- and thinking about what you want your work to mean over the long arc of your career and life.
The Legacy Question
Beyond the money, beyond the clients, beyond the revenue milestones -- what do you want your work to stand for?
This isn't a fluffy question. It's a practical one. The answer to "what do I want to be known for?" shapes every decision you make:
- Which clients you take on and which you decline
- What content you create and what message you send
- How you treat people -- clients, colleagues, competitors
- Where you invest your time and energy
- What you build that will last beyond your active career
People without a clear legacy direction tend to drift. They say yes to whatever pays well in the moment, even if it doesn't align with their values. They build a body of work that's scattered rather than coherent. They end up successful by some measures but unsatisfied because their work doesn't feel meaningful.
People with a clear legacy direction make better decisions. Not always easier ones -- sometimes the legacy-aligned choice means turning down a lucrative project or investing time in something that doesn't pay immediately. But over years, those decisions compound into a career that has both financial success and personal meaning.
What Legacy Looks Like in Practice
Legacy sounds abstract, so let's make it concrete. Here are examples of what legacy looks like for real consultants:
The Industry Standard-Bearer. James spent 20 years in supply chain management before being laid off during a post-merger reorganization. He built a consulting practice focused on sustainable supply chain practices. His legacy goal: to make sustainable sourcing the default, not the exception, in his industry. Every client engagement, every article he writes, every workshop he teaches advances that mission. Ten years from now, he wants people in his industry to say, "James was one of the people who made this shift happen."
The Bridge Builder. Priya was a healthcare IT director who got caught in a budget cut. She built a consulting practice helping rural hospitals implement telemedicine. Her legacy goal: to close the healthcare access gap for underserved communities. She doesn't just serve clients -- she mentors healthcare administrators in rural areas, creates free implementation guides, and advocates for policy changes that support telemedicine adoption. Her work has a purpose that goes beyond revenue.
The Mentor Chain. Thomas was a finance director who was laid off at 55 and told by well-meaning friends that he was "too old to start something new." He proved them wrong, built a successful consulting practice, and now dedicates 20% of his time to mentoring displaced workers over 50. His legacy goal: to destroy the myth that career reinvention has an age limit. Every mentee who succeeds extends his legacy further.
The Knowledge Multiplier. Diana was a cybersecurity specialist who turned her expertise into a consulting practice, then a book, then an online course, then a certification program. Her legacy goal: to make cybersecurity accessible to small businesses that can't afford enterprise-level consultants. Her course has reached 3,000 people. Her book has sold 5,000 copies. Her framework is used by consultants she's never met. Her knowledge multiplies through every person who learns from her work.
Notice what these legacy goals have in common: they're specific, they're about impact on others, and they guide daily decisions. They're not vague aspirations like "be successful" or "help people." They're clear enough to act on.
Your Expertise, Used Well, Can Do Extraordinary Things
Take a moment to appreciate what your expertise actually represents. You didn't learn what you know from a textbook. You learned it from years of solving real problems, making real mistakes, and developing real judgment. That kind of knowledge is rare and valuable.
Your expertise, applied with intention, can:
- Help dozens or hundreds of people navigate problems that used to overwhelm them
- Prevent expensive mistakes that set careers or companies back years
- Make your industry more ethical, more efficient, or more human
- Build a community of people who trust, support, and grow with each other
- Create a pathway for others who will face the same transition you did
- Give you a platform to share what you've learned with people who genuinely need it
The question isn't whether your expertise has the power to create a meaningful legacy. It does. The question is whether you'll be intentional about directing that power, or whether you'll let it dissipate into a series of disconnected client projects.
Writing Your Legacy Statement
A legacy statement is a short, clear declaration of what you want your work to stand for. It's not a mission statement for your business (though it might inform one). It's a personal compass -- a tool for making decisions when the day-to-day noise gets loud.
The Five Legacy Questions
Take 30 minutes in a quiet place and write answers to these five questions. Don't censor yourself. Don't worry about being polished. Just write honestly.
1. What problem do I care most about solving in my industry?
Not what problem pays the most -- what problem do you genuinely care about? What issue makes you frustrated when you see it handled poorly? What topic do you find yourself talking about passionately, even when nobody's paying you to talk about it?
For example: "I care most about helping small healthcare organizations protect patient data without spending millions on enterprise security tools."
2. Who are the people I most want to help, and why?
Be specific. Not "businesses" but "first-generation entrepreneurs who don't have wealthy networks or Ivy League connections." Not "companies" but "mid-size manufacturers who are trying to compete with companies ten times their size." The more specific your answer, the more powerful your legacy direction.
3. What change do I want to create in my field -- how should things be different because I was here?
This is your impact statement. What would be different in your industry, your community, or your corner of the world if your work succeeds? Think in terms of before and after: "Before my work, X was true. After my work, Y is true."
4. What do I want clients and colleagues to say about me when I'm not in the room?
This question reveals your values. Are you hoping they say "incredibly smart"? Or "always honest"? Or "genuinely cared about our success"? Or "changed the way we think about this problem"? What you want them to say is what you should be demonstrating every day.
5. If I could only accomplish one more thing in my career, what would it be?
This is the priority question. If everything else fell away -- the revenue targets, the client list, the business metrics -- and you could focus on just one accomplishment, what would it be? Write a book? Build a community? Mentor 50 people through career transitions? Create a framework that becomes the industry standard?
Crafting Your Statement
Your answers to these five questions form the raw material for your legacy statement. Now distill them into one or two sentences that capture the essence:
Format: "Through my work, I want to be known for [specific impact] for [specific people], because [why it matters]."
Examples:
- "Through my work, I want to be known for making regulatory compliance accessible and affordable for small healthcare organizations, because patient safety shouldn't depend on company size."
- "Through my work, I want to be known for helping displaced professionals over 50 build thriving second careers, because experience becomes more valuable with age, not less."
- "Through my work, I want to be known for teaching startup founders to make data-driven decisions without needing a data science team, because good decisions shouldn't require a six-figure analytics budget."
Your legacy statement should be specific enough to guide decisions but broad enough to allow for growth and evolution. It's a compass, not a GPS -- it points you in the right direction without dictating every turn.
Living Your Legacy Daily
A legacy statement on the wall is just words. A legacy lived daily is a career that matters. Here's how to translate your statement into daily action:
The Legacy Filter for Decisions
When you're facing a choice -- take this client or not, pursue this opportunity or not, invest time in this project or not -- run it through your legacy filter:
- Does this align with who I want to help?
- Does this advance the change I want to create?
- Will this be something I'm proud of when I look back?
- Would the person I want to be say yes to this?
You don't need all four answers to be yes every time. Sometimes you take a project purely for revenue, and that's fine -- you have bills to pay. But if you consistently say yes to things that fail the legacy filter, you'll end up with a career that looks nothing like the one you intended.
Building Legacy Into Your Business Model
You can structure your business so that legacy-aligned activities are built in, not bolted on:
- Pro bono slots. Reserve 5-10% of your capacity for clients who align with your legacy but can't afford your full rates. One pro bono client per quarter keeps your legacy work active without straining your finances.
- Content creation. Commit to creating one piece of substantive content per month that shares your expertise with the people you want to help. A blog post, a LinkedIn article, a newsletter issue, a video. Consistency matters more than volume.
- Mentoring schedule. Block 2-4 hours per month for mentoring. Treat it like a client commitment. The people you mentor carry your legacy forward in ways you may never see.
- Annual legacy project. Once a year, take on a project that directly serves your legacy statement. Write a chapter of your book. Create a free course. Organize a community event. Host a workshop for people who need your knowledge but can't pay for it.
Legacy and Revenue Aren't Opposites
One of the most destructive myths in business is that you have to choose between doing well and doing good. That's nonsense. The consultants who build the most successful long-term businesses are almost always the ones who care deeply about the impact of their work.
Here's why: clients can tell the difference between a consultant who's there for the invoice and a consultant who genuinely cares about the outcome. The one who cares gets better results, builds deeper trust, earns more referrals, and commands higher fees. Legacy-driven work is better work. And better work is more profitable work.
The Beautiful Irony
Here's the truth that most displaced workers don't see until they're deep into their entrepreneurial journey: the layoff didn't diminish your value. It revealed it.
When you were inside an organization, your expertise was hidden inside a job title and a salary band. The company benefited from your knowledge, but you were interchangeable on a spreadsheet. A headcount number. A cost to be cut.
Now your expertise is visible. Clients pay you specifically because of what you know, how you think, and what you can help them achieve. Your value isn't hidden anymore -- it's the product.
That shift -- from being a cost center in someone else's business to being the irreplaceable core of your own -- is the real transformation. The revenue is nice. The freedom is incredible. But the deepest change is this: you know exactly what you're worth, and so does everyone who works with you.
The Ripple Effect You Can't See
Here's something you may not realize yet: your story is already inspiring people. The colleague who watched you get laid off and then build something successful -- they're thinking differently about their own career now. The friend who was afraid to leave their toxic job -- they see your example and feel braver. The person in your network who just got their own layoff notice -- they're thinking, "If they did it, maybe I can too."
You didn't just build a business. You became proof that it's possible. That proof matters more than you know.
The Long View: What Happens in Years 5, 10, 20
Let's zoom out beyond the three-year financial roadmap. What does a legacy-driven career look like over decades?
Years 1-3: Building the Foundation. You build the business, establish your reputation, and find your rhythm. This is the survival-to-stability phase we've covered throughout this series.
Years 3-5: Deepening Your Impact. Your business is stable. You start creating intellectual property, building community, and mentoring others. Your legacy direction becomes clearer as you see what resonates and what matters most to you.
Years 5-10: Multiplying Your Reach. Your book, courses, frameworks, and community create leverage. Your expertise reaches people you'll never meet. Your mentees start building their own successful practices. Your legacy compounds.
Years 10-20: Becoming an Institution. Your name becomes associated with your area of expertise. People in your industry reference your frameworks. Former mentees credit you with their success. Your body of work -- the content, the clients served, the community built, the people mentored -- represents a meaningful contribution to your field.
This isn't fantasy. This is what happens when talented people with valuable expertise make intentional choices over a long period of time. It doesn't require genius or luck. It requires consistency, integrity, and a clear sense of what you want your work to mean.
Your Final Exercise: Write Your Legacy Statement
This is the capstone exercise of the entire "From Layoff to Launch" series. Everything you've learned, everything you've built, everything you've overcome -- it culminates here.
Step 1: Review your answers to the five legacy questions above. (If you haven't answered them yet, do that now. Take 30 minutes. It's worth it.)
Step 2: Write your legacy statement. Start with: "Through my work, I want to be known for..."
Make it specific. Make it honest. Make it about the impact you want to have on real people facing real problems.
Step 3: Put it somewhere you'll see it every day -- next to your desk, on your phone lockscreen, in your planner, taped to your bathroom mirror.
Step 4: Share it with someone you trust. Saying your legacy statement out loud to another person makes it real. It's no longer just a thought -- it's a declaration.
Step 5: Set a calendar reminder for six months from now to revisit your legacy statement. Ask yourself: "Am I making decisions that align with this? What needs to change?"
This statement isn't a constraint. It's a north star. When you're choosing between opportunities, when you're deciding whether to say yes or no, when you're feeling lost in the details -- look at your legacy statement and ask: "Does this bring me closer to what I want to be known for?"
If yes, keep going. If not, redirect.
A Final Word
You started this journey from a place of loss. You've arrived at a place of ownership.
Your expertise is your product. Your experience is your moat. Your business is your legacy.
The corporation that let you go made a calculation on a spreadsheet. They looked at your salary, your benefits, your headcount slot -- and they decided the numbers didn't work. What they couldn't calculate was the decades of knowledge, relationships, judgment, and expertise that walked out the door with you.
Their loss. Literally.
You took what they discarded and turned it into something valuable. Something that serves people who need it. Something that generates income on your terms. Something that reflects who you actually are, not just what job title you held.
That's not just a business success story. That's a life well-redirected.
Now go build your legacy. You've earned it.
Appendix: Quick Reference Guides
Your 30-Day Action Plan
Week 1:
- Complete your expertise inventory
- Write your positioning statement
- Identify 20 potential customers
Week 2:
- Have 5 exploratory conversations
- Refine your positioning based on feedback
- Prepare your delivery system
Week 3:
- Have 10 validation conversations
- Test your pricing
Week 4:
- Reach out to your first 20 customers
- Schedule discovery calls
- Prepare your first pitch
Your Revenue Model Calculator
Monthly Revenue:
- Retainer customers: ___ x $2,000 = $
- Hourly work: ___ hours x $100 = $
- Group workshops: ___ x $500 = $
- Online course: ___ x $97 = $
- Total: $___
Monthly Costs:
- Your salary: $2,000
- Software tools: $
- Marketing: $
- Other: $___
- Total: $___
Monthly Profit:
Total Revenue - Total Costs = $___
Your Customer Avatar Template
Name: ___
Job Title: ___
Company Size: ___
Industry: ___
Years in Role: ___
Biggest Challenge: ___
Current Solution: ___
Ideal Solution: ___
Budget: $___/month
Where They Spend Time: ___
What They Read: ___
Who They Listen To: ___
How They Make Decisions: ___
Your Positioning Statement Template
"I help [specific customer] who are struggling with [specific problem] to [achieve specific outcome] without [what they're afraid of], because [your unique advantage]."
My positioning statement:
Conclusion: Your Path Forward
You've been laid off. That's hard. But it's also an opportunity.
Your layoff package is your seed funding.
Your expertise is your competitive advantage.
Your network is your distribution channel.
Your empathy is your moat.
You have everything you need to build a successful business. You just need to start.
The path is clear:
1. Validate your idea with customers
2. Land your first customer
3. Deliver amazing service
4. Get referrals
5. Land more customers
6. Build systems
7. Scale
This isn't theoretical. This is the path that works.
Now go build.
From Layoff to Launch: The Displaced Worker's Companion to LeanPivot
A comprehensive guide to turning your industry expertise into a thriving business.
Version 1.0 | February 2026
Key Takeaways
- Your legacy is what people will say about your work when you're not in the room
- The five legacy questions help you define a compass for your career decisions
- The layoff didn't diminish your value — it revealed it by making your expertise visible
- Write your legacy statement and use it as a north star for every major decision
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