Removing the Bottleneck in Your Firm
Free yourself and your firm. Here’s a roadmap to succession planning so you can achieve long-term growth for your business.
Free yourself and your firm. Here’s a roadmap to succession planning so you can achieve long-term growth for your business.
Once you’ve established your firm, it becomes time to delegate. But how do you share executive responsibilities?
Balancing the management of day-to-day operations with the creation of a vision for the future can block your ability to scale.
Power members Eric Weisgarber and Adam Diesselhorst have implemented succession planning at their marketing agency, inspired in part by the Collective 54 book The Founder Bottleneck. As a result, they have identified their high-potential employees and are preparing them to take over the firm upon exit. This has allowed them to scale smoothly without the employee headaches and drama found in many firms.
Equity splits can end up being multimillion-dollar decisions. So how do you decide if you’re going to give employees equity, and how much equity to give them?
Greg Alexander dissects the moments of truth every founder needs to confront to overcome under delegation in business.
The professional services org chart is unique. With labor as the highest expense in your firm, it’s critical that you get this right.
Decision making evolves as your firm scales and the founder must be replicated in the successor. On this episode, Rob Rankin, CEO at Clarity Coverdale Fury (CCF), shares his perspective on developing the next generation of the firm, with a focus on succession planning and how decisions are made.