Chapter 15 G1 How to Let Go after Succession?

DOI: 10.4324/9781003194200-15

Starting a business is a step into the unknown. That is an exciting look into the future. When the time has come for the Next Gen to be ready to take over and the founders can take a step back, it is also exciting. But now, by definition, the view of the future is much shorter. Instead of building, now the time has come to let go.

John and Annie

Annie: So far, So good. I am pleased that we have taken plenty of time to look at the decisions for the future from all possible angles. As a family, we have had enough conversations, so that we now all have the confidence to continue.

John: What satisfies me is how our management has taken responsibility in this process. ...

Get Developing and Sustaining a Successful Family Business now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.