tyler-smith.com · Questions & Answers

We have eighteen months until we sell, and our plate is full of strategic initiatives, software upgrades, and market expansions. How do we apply the ONE Thing framework to our exit runway so we do not burn out our team trying to do everything at once?

On a multi-year exit runway, trying to execute too many strategic initiatives at once is a recipe for operational failure and team burnout. You must apply extreme focus and whittle your priorities down to the single most critical task. Ask yourself the focusing question: what is the ONE Thing we can do on our exit runway such that by doing it, everything else will be easier or unnecessary? For most businesses preparing for a sale, that lead domino is not launching a new, untested product line or expanding into a new territory. It is usually simplifying your core operational delivery and ensuring your business can run completely independent of the founder. Review your existing strategic roadmap and aggressively eliminate any projects that do not directly increase your EBITDA margin or reduce your operational risk. Focus your leadership team on setting and executing quarterly Rocks™ that directly prepare the business for due diligence. By narrowing your focus to this critical few, you protect your leadership team from decision fatigue, maintain your core operational performance, and build a highly organized, sale-ready company that commands a premium valuation.

Category: Exit Planning

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