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It can be tough to undergo a change of leadership. Especially if you’re the outgoing leader.
Sure, there are potentially many effects on people in the organization, but that’s not what I’m focused on today. I’d like to talk about YOUR experience.
The best case is that the change is known in advance, even if not all the details are clear. Soon there will be a specific date, perhaps a certain event at which the announcement will be made. Ideally you see this as a positive thing, the passing of leadership duties from one person to the next.
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BUSINESS OWNERS ARE GETTING OLDER, as is everybody. But as you near retirement age – whatever that’s going to look like – you’re going to be faced with the Big Question.
What does your exit mean to the future of the business?
Most owners would like to see the company survive, and even thrive. After all, you’ve put your heart and soul and passion into it for years, even decades.

