Can I replace myself as a Founder? - podcast episode cover

Can I replace myself as a Founder?

Sep 25, 202333 minEp 229Transcript available on Metacast
--:--
--:--
Listen in podcast apps:

Episode description

In today's Startup Therapy Podcast, Wil and Ryan discuss if you can replace yourself as a founder. Founders often struggle to step aside in a company because their deep commitment and personal connection to the company's mission are hard to duplicate. Their passion, values, and individual perspective are tough to find in an outsider, potentially causing a mismatch in goals and values. Moreover, it's emotionally challenging for founders to entrust someone else with their vision.In a nutshell, founders can't easily replace themselves because their unique identity and the company's culture are closely linked, making it hard to find someone who truly embodies their spirit.


Sign up for the Startups Newsletter

https://www.startups.com/newsletter


Resources:


What to Listen For

  • 00:00 Intro
  • 00:35 Can we replace the founder?
  • 03:02 Why changing the founder wouldn’t work
  • 06:06 “You can’t hire and train passion…”
  • 14:10 Know who you’re hiring
  • 19:14 Wanting to sabotage the new person
  • 22:08 Incentives in hiring
  • 26:31 You can’t replace yourself