Wednesday, November 18, 2009

Transferring that almighty position of power!!!!

With all businesses, to be at the point of the company is one of the greatest things in life. But that position is even better if you are at the tip of the sword and have been through the good and (more recently) the bad. There is nothing like watching a company grow like a child. From birth to maturity. However after maturity, how would you feel about giving some of that power to someone else? To let someone else help in running or owning the business can be a stressful time for entrepreneurs. Some may worry that the selected person is not the right one, or what would they do in this situation if I am not around?  Voice your opinions on some ideas of how to handle transferring the power to someone else.

P.S I may have just discovered the reason for so much golf in business!!!

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