Re:Founder Friendly
by tim333 on Monday August 14, 2017 @08:32AM
(#15008162)
>original CEO pushed out... honestly, they should...
I'm not convinced. If you look at the big ones like Amazon, Facebook, Apple and Microsoft, they kept their founder until big except Apple where they kicked him out, went pretty much broke and then got him back and then recovered.
There are also many examples where the founder was kicked out and the company tanked but it would be hard to distinguish cause and effect there - maybe they were fired because the company was doomed. I find it hard to think of any where they achieved great success by firing the founder(s).
Managing a large company is a skillset but you can hire for or learn that.
Having the vision and drive to start and build a company is also a skillset, and one that's much harder to hire a replacement for.
By the way The Hard Thing suggests hiring experienced people to help the CEO, not replace them.
I'm not convinced. If you look at the big ones like Amazon, Facebook, Apple and Microsoft, they kept their founder until big except Apple where they kicked him out, went pretty much broke and then got him back and then recovered.
There are also many examples where the founder was kicked out and the company tanked but it would be hard to distinguish cause and effect there - maybe they were fired because the company was doomed. I find it hard to think of any where they achieved great success by firing the founder(s).
Managing a large company is a skillset but you can hire for or learn that.
Having the vision and drive to start and build a company is also a skillset, and one that's much harder to hire a replacement for.
By the way The Hard Thing suggests hiring experienced people to help the CEO, not replace them.