The Exit Should Always Be On Your Mind

Life goes fast. Really fast. Thus, even though it may feel like a business exit may be light years away, it isn’t. All of us will exit, whether we like it or not. So, why not start with the exit in mind.

Is it a dollar number? Is it a timeframe? Is it a multiple? Is it at the point of exhaustion (we hope not)? 

Franchisee, franchisor, founder or supplier – what does your exit look like. 

Write that down.

Now, work backwards. What decisions would you change/make knowing that’s where you want to get to. Do you invest more? Do you reinvest more? Do you build a stronger team? Do you build a larger bench?

Scaling is tough. There are dark periods where money goes out and very little, in cash, returns. But for those playing the long game, they have the mentality and ability to weather that storm. Do you?