Why Owner-Dependent Businesses Sell for Less and What to Do About It
You answer every emergency call. You sign every check. You close the biggest deals. You take pride in this relentless hustle. You believe your personal grit built this company from nothing, and you are entirely correct. But that exact same grit now actively destroys your future wealth. When you become the undisputed center of your business, you create a fatal operational flaw. You make the company completely unsellable. A buyer will not pay a premium for a high-stress job. They pay a premium for a wealth-generating machine. If your machine requires your constant physical presence to operate, the market will penalize you with a massive owner-dependency discount.