For Experienced Sellers: From Founder to Successor: Navigating the CEO Handoff
M&A Talk: #1 Podcast on Selling a Business
Navigating CEO Transitions
This chapter explores the essential phases of transitioning to a new CEO, with a focus on the first 90 days and beyond. It covers the importance of grooming internal candidates, the emotional challenges faced by founders, and the role of external assistance in ensuring a successful transition. Additionally, it discusses financial negotiations and the strategic mindset entrepreneurs should adopt when preparing their business for sale.
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