'When is The Right Time to Step Down as Your Startup's CEO?' by MichaelBrooksPR startupfounders adviceforceos
Just take Jeff Bezos as an example. It took him almost thirty years to "let it go" for the sake of both professional and personal reasons.
I understand why so many of my fellow founders are emotional about it. The feeling is hard to describe. However, just because you’re hiring a CEO, it doesn’t mean that you’re giving up on your “business baby” and losing control. Brad Stone, a senior editor at Bloomberg News who has written two books about Amazon, said Bezos has an unusual gift for problem-solving and focusing on many disparate issues at once, but empathy has never been his strength. Jassy has long seen Bezos as a mentor, but colleagues have said he is more mild-mannered, soft-spoken and less prone to angry outbursts, compared to Bezos. "I think Jassy has to kind of make Amazon a more empathetic company, a friendlier company," Stone said.
You’ve reached your limits. You’ve realized that all of this time you’ve been a full-time founder and a part-time CEO. Let the professional and more experienced CEO take care of your business.The moment a founder starts wondering whether or not he should remain a CEO too is a good sign for a company. This means that a business has reached a respectable level of success. However, this “transition” or “separation” process can be both difficult and emotional. That’s understandable.
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