The EntreLeadership Podcast I’m Going to Be the New CEO (Will the Old One Be a Problem?)
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Dec 8, 2025 Discover how to guide an organization when a former owner struggles to relinquish control. Explore the consequences of tolerating incompetence and the importance of setting clear standards. Learn how to maintain company culture as your team grows and engage every generation effectively. Find out why hiring for talent and passion trumps convincing the unfit, and the necessity of raising standards swiftly by removing misaligned employees. Get ready to rethink leadership dynamics and empower your team!
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Write Clear Owner–CEO Lanes
- Make a written 'term sheet' that clearly defines owner and CEO lanes before transition occurs.
- Test the document for the first months and call the owner when you approach out-of-bounds issues.
Treat The Owner As Operationally Out
- Treat the stepping-back owner as operationally out except for major, company-tilting decisions.
- Limit other team access to the owner so employees don't run around the CEO to 'daddy'.
Sanctioned Incompetence Spreads Quickly
- Sanctioned incompetence corrodes respect and morale across the team.
- You get what you allow, so leaders must address tolerated poor behavior or lose top performers.