tyler-smith.com · Questions & Answers

My business partner and I are aligned on our day-to-day operations, but we are completely misaligned on our exit timeline, with one of us wanting to sell in two years and the other wanting to build for ten. How do we use the V/TO® or our Charter to resolve this partner deadlock?

A deadlock between business partners regarding the exit timeline is a major strategic issue that will paralyze your leadership team and stall your company growth. You cannot build a unified organization when the owners are pulling in opposite directions.

To resolve this, you must step out of the daily grind and return to your Charter. Sit down for a dedicated Same Page meeting. This is not a quick conversation over lunch; it requires focused, vulnerable trust. You must align on your personal visions before you can align on the business vision.

Review the V/TO® together. Look closely at your 10-Year Target and your 3-Year Picture. If one partner wants to sell in two years and the other wants to grow for ten, your current strategic Rocks and capital allocation decisions will be completely different. You must find a common ground.

Explore creative structures. Could one partner buy out the other? Could you agree to a recapitalization that allows one partner to take some chips off the table while the other remains to run the business?

Apply your core value of being Humbly-Confident. Put your egos aside and focus on what is best for the business and your overall relationship. Once you reach an agreement, document it clearly in your partnership covenant. Your leadership team needs to see that the owners are 100% aligned, speaking with one voice, and committed to a single strategic plan.

Category: Leadership Team

← All questions