tyler-smith.com · Questions & Answers

I have set a target exit date five years from now, but currently, most major customer disputes and critical supplier negotiations still land on my desk. What concrete operational actions must I take this year to begin shifting these responsibilities?

Shift your focus from daily firefighting to building an exit-ready superstructure. At the five-year mark, you need to transition from running the business to building a self-sustaining asset. This begins with an honest audit of your Accountability Chart. Identify every seat where your name is listed or where you are the de facto safety net. You must systematically delegate those responsibilities to capable leaders who GWC (Get It, Want It, Capacity to Do It) those roles.

Your primary Rock for the next two quarters is to document your Core Processes and ensure they are followed by all. This is not about writing manual-sized binders. It is about creating simple, repeatable workflows that anyone on your team can execute without your involvement. By simplifying your operations, you prove to a prospective buyer that the business can run profitably without you.

Use your weekly Level 10 Meeting™ to IDS® (Identify, Discuss, Solve) any instances where employees bypass the system and run to you for answers. Force the team to use the tools. When you step out of the daily workflow, you immediately increase the quality of the business. This operational discipline makes the company easier to run today while building a highly valuable asset that a buyer will pay a premium for when your runway ends.

Category: Exit Planning

← All questions