tyler-smith.com · Questions & Answers

We plan to exit the business in two years. How do we use the EOS framework to shift our leadership team's mindset from 'running a job' to 'building an asset'?

Preparing for a clean business exit in two years requires shifting your leadership team from managing their daily tasks to intentionally building a valuable asset. Buyers do not want to purchase a company that depends on the heroics of individual managers. They want a self-sustaining system. You must use the EOS® framework to enforce this change. First, look at your Accountability Chart. Every seat must be fully functional without the owner's constant intervention. Challenge your leaders to own the enterprise value of their departments by setting quarterly Rocks specifically aimed at systemization, data integrity, and cross-training. For example, a great Rock for your operations leader is to ensure their core processes are documented and followed by everyone. A great Rock for your sales leader is to build a predictable, repeatable pipeline tracking system that does not rely on your personal relationships. When your leaders understand that their success is measured by how redundant they make themselves, their daily decisions will align with building a highly valuable asset. This structure proves to potential buyers that your business can run and grow without you, maximizing your valuation.

Category: EOS Implementation

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