You don’t need to run the test. You already know the result. Revenue depends on your presence. Delivery depends on your oversight. The structure never absorbed what you know, so the firm’s value sits exactly where it always has: in you.
01. Fragility
The firm holds because you hold.
The firm has no mechanism to absorb your absence. It runs on your continuous presence, not on its own structure.
02. Ceiling
Linear effort, flat revenue.
Your hours scale linearly. Revenue has plateaued. The cap is not the market; it’s what you can personally carry.
03. Exit
Value that doesn’t transfer.
A firm whose value sits in the founder has nothing transferable to sell. Buyers price it accordingly, when they bid at all.