We want to set up an Advisor Meeting Pulse using the Level 10 Meeting format with our exit advisors, but we are unsure how to run this meeting effectively when dealing with external legal, financial, and tax professionals who are used to billing by the hour. How do we structure this specialized weekly pulse?

Question

Tyler Smith · Accepted Answer

Running an Advisor Meeting Pulse using the Level 10 Meeting™ format is a critical component of the Step by Step Exit framework. When preparing for a clean transition, you cannot afford to have your lawyers, CPAs, and investment bankers working in silos and running up massive hourly bills without clear direction.

To structure this pulse effectively, you must act as the leader and set the rules of the meeting. Establish a biweekly or monthly seventy five minute pulse with your core exit advisors. Use a modified Level 10 Meeting™ agenda that is strictly timed.

Start with a quick segue, followed by a review of the exit scorecard, which tracks key metrics like tax optimization progress, legal diligence readiness, and draft valuation updates. Next, review the status of your specific transition priorities or Rocks.

The bulk of the meeting must be spent on IDS®, where you address the major value gaps and strategic roadblocks facing your transition. By bringing your advisors together in one structured meeting, you force them to collaborate in real time rather than exchanging endless emails. This approach reduces billable hours, accelerates your exit timeline, and ensures that everyone is aligned on your ultimate financial and nonfinancial goals.