Pass an owner-absence test (documented: ran without the founder for a set period)
This is the whole point of the Exit stage: a business that runs without its founder. When operations continue smoothly whether you're there or not, you own a sellable asset — and the freedom that comes with it.
Do this
- Confirm leadership, systems, and team cover everything you do.
- Step back from daily operations entirely.
- Prove it over a sustained period, not just a week.
- Document the handover so a new owner steps in seamlessly.
Founder-Independence Checklist
- Leadership team runs daily operations
- Systems and SOPs cover the owner's old tasks
- Business performs over a sustained owner absence
- Financials, customers, and ops all owner-independent
- A handover plan ready for a new owner