tyler-smith.com · Questions & Answers

The due diligence process is completely consuming my time and causing operational performance to slide. How do I protect the business?

The due diligence phase of selling a business is incredibly punishing. It is essentially a full-time job on top of your existing day job. If you let yourself get overwhelmed, you will drop the ball on operations, the business performance will decline, and the buyer will use that dip to lower their offer. To survive this runway and keep the deal on track, you must build what Juliet Funt calls white space into your calendar. White space is open, unscheduled time with no assignment, designed for thinking, breathing, and planning. You cannot run a sales process and run operations at a hundred miles per hour simultaneously without crashing. Implement a strategic pause daily or weekly. Use this time to step back from the tactical noise, evaluate the transaction objectively, and decide what tasks you can reduce or delegate. Rely heavily on your Integrator and leadership team to keep the company running on the EOS® framework. Use your weekly Level 10 Meeting™ to keep the leadership team focused on their Rocks, keeping operational distractions away from them. By protecting your mental energy, you maintain the clarity needed to make tough negotiation decisions without desperation.

Category: Exit Planning

← All questions