Business co-owners need to create alignment around their individual exit goals in order to achieve collective success. Remember that aligned does not mean matching or identical.
Different co-owners can have different exit goals, and this is usually the case. Alignment means one co-owner's goals cannot interfere with or undermine another co-owner's goals. While it is possible to list dozens of potential goals that could be incompatible between two or more co-owners, there are Five Major Exit Goals that most owners pursue in their exit planning which have the greatest potential to be incompatible among business co-owners.
The Five Major Exit Goals are Exit Strategy, Exit Timing, Exit Amount, Legacy and Transition.
