“What will you do when you leave the family business?”
It’s the question most founders are asked when preparing to leave the family business. Take up golf, travel to other countries, spend more time with the grandkids—these are some of the more common responses. But this question doesn’t get to the heart of what a founder can become once they exit.
Exiting the family business is a struggle nonetheless. Often, founders’ identities are tied directly to the business and its decision-making.
Founders must realize that, while their days of decision making are over, they can still positively influence the business. This article explains how.
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