What To Do When You Need To Exit 2 Co-Founders

Alex experienced a spiritual awakening that led him and his co-founders to build the the most downloaded and used Catholic app in the world. As the business was transforming, so was Alex. Alex learned how important it is to "surrender" as you transition From Founder To CEO.

Joe is as real as it gets. He is a Founder and CEO who tells it like it is and pushes himself to get better and be better...every day. What I truly appreciate about Joe is his embrace of the idea that, "The obstacle is the way." As Founders, we know this, practice this, and embrace this...everyday. So, I was super excited to have Joe on the podcast to share his experiences as Founder of Spartan Races and his biggest obstacles shifting From Founder To CEO. Spartan came from Joe's mind as a former equities and derivatives trader on Wall Street. He turned his passion for extreme sports into a lifestyle for his family — and then into a business.

Enlisted Marine. Marine Officer. Husband. Father. Pharmaceutical Salesman. Firefighter. Founder & CEO. City Councilman. COVID-19 survivor. International Bestselling Author. These are just some of the roles that Zachary has excelled in during his short life. He certainly has had a big and growing impact on the firefighting profession, building safety, and now with his new book, "Warrior Entrepreneur," a big impact on thousands of Founders around the world. In this very candid interview, Zachary details why and how he relinquished day to day operations to a CEO, why his business is better for it, and advice to Founders, like you, who are considering such a decision.

When you meet Chideha for the first time, you immediately know. You know he is a special person. You know he cares about every person he comes into contact with. You know that he strives for excellence in everything his does. You know he actually is learning from YOU and incorporating YOUR life's lessons into HIS life. And, these are also the many reasons why I like his book. In this interview, Chideha talks about: ---> How his grandfather's assault from KKK members impacted him as a man and entrepreneur ---> The valuable lesson he learned about the power of referrals ---> What he did to recover from a painful "non-compete" lawsuit that nearly destroyed him and his business It's an incredible interview because Chideha is so transparent and willing to share HIS life's lessons.

Blinds.com is an incredible business story and Jay is an incredible Founder CEO. In his new book, he talks about the 4 Es...the foundational principles on which his success was built. After he and his team successfully built Blinds.com, he sold the company to Home Depot and continued leading for quite some time after. In this interview, Jay talks about: ---> What generosity looks like to him as a Founder & CEO. ---> A significant story about a time he felt short of his own expectations of a focus on humanity. It's an incredible interview because Jay is so candid and transparent about his own journey From Founder To CEO.

Donnie is as transparent as you might expect, being a Marine. His amazing company is helping thousands of business owners connect with the right people. So, I found it really interesting that he made a decision as a Founder & CEO that initially did not connect with his people. Sometimes, as Founders, and as we grow, we need to augment our decision-making with a bit more data and insight. The gut instincts that got us to launch and reach traction becomes insufficient over time. Listen to what happened to Donnie, how he fixed the situation, and what you can learn from his mistake.

WOW! We could not have asked for a better 400th Podcast Episode Guest! And, Jason Fried delivered. He was super candid about a great many topics that I think you will really enjoy listening about and learning from. In this interview, Jason discusses: What he considers to be the harder part of the transition From Founder To CEO. Why he made this controversial decision: "No more societal and political discussions on our company Basecamp account." How the "fallout" from this decision impacted the company. How the "fallout" personally impacted him. What he did to get through the stressful and "sad" elements of this decision. Why this decision is a turning point for the company. What the future of Basecamp looks like. How a new COO and Product Leaders will factor into a relatively new structure for Basecamp's future. How he envisions being the CEO in the future. And so much more. Like many of you, I have been reading Jason's books and his vulnerable online posts for many years. You can tell he is a hard-working, kind-hearted man who strives to do the best he can. I hope you enjoy listening to this very special 400th Founder interview as much as I did.

Tutoring is big business. And, Myles and the team figured out how to provide this valuable service for FREE to thousands of students. It wasn't easy. And, it became even harder when he and his co-founder, Victor, realized that two other co-founders may not be in it for the long haul. What do you do when it becomes clear that a co-founder, or two, need to exit the business and there is not a pre-planned process for this? Well, as Myles explains in this interview, it was stressful and there was lots of drama. But, in the end, Myles learned a lot about influence, motivations, and how to speak into the hopes and fears of others.

You may remember Ashley from her appearance on ABC TV's "Shark Tank." At the end of the show, Ashley received and accepted an offer from Daymond John. What you don't know is the rest of the story. Unfortunately, like many other deals on the show, this one did not make it through post show due diligence. Ashley describes what happened and how taking a year off from her business helped her decide the answer to this question: "Do I want to be the leader that pilots the company to forward growth?"

My draw dropped open when Norman told me how much money in energy costs he saved a Brazilian company. He and his team take a decidedly business approach to their environmental efforts. And, Norman is quite articulate about the power of using your "breakdown" as your "breakthrough." He details the time his hand went numb as well as when a friend called him for help. Both stories remind us that Founders are not super human. We need people and habits that support our wellbeing.