
The Owner Exception: You Own the Company. You Don't Own the Seat.
One of my clients was running two leadership meetings every week. The second one was held without their cofounder and CFO, who didn't even know it existed. The rest of the team had lost confidence in him, and no one knew how to tell an owner he was falling short. In this episode, I share what that cost the company, and how the conversation they finally had changed everything.
In most privately held companies, the owner wears two hats: one as an owner, and one as an employee in a seat. When those hats get blurred, and an owner is held to a different standard than everyone else, the whole team pays for it.
In this episode, you'll learn:
- The difference between an owner's responsibilities and the responsibilities of their seat
- What it really costs a company when the standard bends for one person
- Why this conversation is so hard for both the owner and the team, and four practices that make it easier
- Three healthy ways forward when an owner's seat no longer fits, including how Gino Wickman, creator of EOS, stepped out of his seat entirely
- How the CFO story ended, eight years later
Understanding the two hats is the easy part. Acting on it takes courage.
More episodes from "Simple Leadership with Josh Holtzman"



Don't miss an episode of “Simple Leadership with Josh Holtzman” and subscribe to it in the GetPodcast app.



