Mark Osborne explains why running your business as if you're about to sell it makes it better to own. Build systems that don't depend on you, make everything repeatable and scalable, and you'll have a company that's easier to run and actually worth something to a buyer.
And that underscores something that's really important too, which is that, you know, there's a phrase that the Exit Planning Institute likes to throw around, but I think it's very true, which is, you know, good exit planning is actually just good business planning. And running your business as if it's ready to sell is actually just a good way to run your business. And you hit on some of those key points right there, which is, you know, think about owner dependency. If the business is dependent on you as the owner, it's not very sellable, not very transferable. It's also not that much fun to own and run because you can't take vacations, you can't enjoy yourself. You have to, you know, sort of be there or it won't run. That's right. The same thing, you know, is true with, you know, having systems in place. Without systems, it's all chaos and you're trying to figure it out all the time. But if it's a system that's scalable and repeatable, well, then it's easier to run.
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