20 Golden Nuggets - Your Exit Starts Here.
Starting With The End In Mind
Many business owners get so caught up in the daily grind that they forget to plan for their exit. Yet, the most successful exits are often those that are planned well in advance—sometimes years ahead. Why? Because an exit isn’t just about walking away with a cheque in hand; it’s about maximising the value of what you've built and ensuring the business can thrive without you.
When you start with the end in mind, every decision you make is with your future exit in focus. Whether it’s building a strong leadership team, refining your processes, or ensuring customer satisfaction, these steps help shape a business that’s attractive to potential buyers. Planning early also gives you time to fix potential weaknesses, like streamlining operations or improving financial transparency, which are vital to driving up valuation.
Consider your timeline. How far away is your ideal exit? Do you have a specific figure in mind that you want to achieve? Thinking ahead allows you to work methodically toward these goals, without the pressure of time constraints.
Golden Nugget - Start your exit planning today, even if you don’t intend to leave for years. Building a sellable business takes time, and the earlier you start, the more options you’ll have.