GROWTH STAGE CEOs
So, what does this all mean? Either the founding CEO needs to embrace the above shift in their role over time, and successfully execute upon such. Or, they need to acknowledge they are the wrong person to lead the next phase of the company’s growth, and they should hand off the reins to a more qualified growth stage CEO. This is not about “pride of authorship” and keeping your job. This is about maximizing the value of your equity, to give your business the highest odds of success at maximizing its valuation over time. So, take a candid look at yourself in the mirror, and make sure you are the right person for the job, in relation to the revenue stage of your business.