We are exactly five years away from our target exit date, but our business is still heavily dependent on our current customer base and we do not know how to sequence our internal projects. How do we map out this five-year runway using our EOS tools without burning out our leadership team?
A five-year runway is a luxury that most business owners squander by waiting until year four to take action. To maximize your value, you must sequence your prep work so you do not overwhelm your leadership team. Year five is about structural foundation. You must first ensure your Accountability Chart is entirely free of your name in any major seat. If you are still running day-to-day sales or operations, you must start recruiting or grooming replacements immediately.
To keep your team from burning out, schedule structured Strategic Pauses every quarter. Use this white space to step back from tactical work and evaluate your long-term progress. In year five, utilize your V/TO to define exactly what a clean exit looks like, and establish three-year and one-year goals focused entirely on de-risking the business.
Focus first on your standard operating processes. Do not try to document everything at once. Use your Kolbe profiles to assign the process documentation work to team members with high Follow Thru instincts, rather than your high Quick Start visionaries who will quickly abandon the task. By spreading these projects over a sixty-month horizon, you prevent the massive operational bottlenecks that occur when founders try to rush their preparation in the final six months before a transaction.
Category: Exit Planning