ABSTRACT

This chapter describes how the Founders-Owners can take care of themselves when they gradually let go of their life's work. First, they need to understand why letting go is difficult yet normal. Their company has always been their eldest child. It gave them a lifelong task, consumed lots of time and energy, gave them immediate feedback about their actions, and last but not least, it gave them an identity as Founder-Owners. Yet, change is inevitable. So, they have to move ahead. This brings two major worries: 1. How do I see my personal future? and 2. How will the new leadership cope?

At the end of the career of the Founder-Owner, there are a lot of aspects that need consideration. Issues that play are financial, legal, emotional, psychological, and relational. We offer ten tips to help you let go by grabbing something else.