Bill Canady lays out a 100-day framework for new CEOs at $200M companies: 4 gates, 4 documents, and one sponsor-calculated metric most CEOs have never seen. He built a free LBO calculator that takes five inputs and generates a seven-page report in nine minutes to establish the foundational number for everything that follows.
I'm going to do the opposite of the listening tour. I'm going to walk you through exactly what I would do in the first 100 days if I took over a $200 million company on Monday morning. There's 4 gates, 4 documents, 100 days, and it works the same whether you took the seat last week or you've been sitting in it for 11 years. If you're at day zero today, the day you start working on this becomes day one for you. One thing first, all of this hangs off a single number, one your sponsor calculated before you ever took the job, and most CEOs have never seen it. There's a free tool that reconstructs it from the 5 inputs off your own sim. Go to my website, billcanady.com/lbocalculator, or just look below in the links of this and you'll find it. 9 minutes, no cost, 7-page report. Run it after this and everything I say next will land differently.
