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Business Exit Ready

Key 9 of 9 ยท Running without you

Leadership

Lead by example. Have the tough talks, and don't forget the pat on the back.

Nine Keys wheel: 1 Strategy, 2 Administration, 3 Money, 4 Marketing, 5 Sales, 6 Service, 7 Systems, 8 Team, 9 LeadershipStrategyAdministrationMoneyMarketingSalesServiceSystemsTeamLeadership

What this Key covers

  • Which decisions you make, and which others make
  • Setting the standard, and following up
  • How problems get raised early
  • Regular talks with your team, including the tough ones

Who it matters most for

Owners who get every question, every call and every decision, even on holiday.

What a buyer may ask

"Who makes decisions when the owner is away for a month?"

If every decision waits for you, the business stops when you stop. A buyer wants to see other people making good calls.

Three questions to ask yourself

  1. 1Which decisions reached me this week that someone else could make?
  2. 2Does my team know how far they can go without asking me?
  3. 3How do problems reach me, and how early?

Why it matters to you

Your people make good calls without you. You lead by example, have the tough talks, and get your time back.

A practical first step

List the decisions that came to you this week. Pick one routine one. Agree who makes it from now on, what they need to know, and when they should come to you.