Why it’s Bullshit to Keep a Founder Around After His Ouster
Founders don’t often voluntarily replace themselves. It’s usually not their decision to step aside to let someone else take over the...
top of page
Search
Les Trachtman
Aug 24, 20193 min read
Ruined by Success
It’s the entrepreneur’s dream. An idea hatched in a garage blossoms into a venture that begins to scale and attract mainstream customers....
3 views0 comments
Les Trachtman
Aug 24, 20195 min read
Don’t Delegate Responsibility Unless You Give Up Authority
Just weeks after the attacks of 9/11/2001, we held our regularly scheduled quarterly board meeting with our venture capital populated...
12 views0 comments
Les Trachtman
Aug 24, 20198 min read
I Founded a Company That is Growing Fast; Why Would My Board Replace Me?
You worked hard. You beat the odds. Your company is growing fast. How could your board possibly have any motivation to replace you? If...
38 views0 comments
Les Trachtman
Aug 24, 20198 min read
How Do You Know When It's Time To Go?
No founder ever wants to be replaced, although statistics say that most who run successful companies will be. But how do you know when...
11 views0 comments
Les Trachtman
Aug 24, 20195 min read
A Broken Recruiting Process
There is a dirty little secret that executive recruiters would like you not to discover. It’s one that experienced managers have known...
7 views0 comments
Les Trachtman
Aug 24, 20199 min read
How Lessons from Crossing the Chasm can extend your reign
The Chasm, according to Moore, depicts a difficult-to-cross gulf between early market adopters and main street. According to Moore,...
1 view0 comments
Les Trachtman
Aug 24, 20198 min read
Why The Best Entrepreneurs are Cynical Optimists
I admit that I’m cynical. I come by it naturally, a product of my life experiences. Cynicism is generally not admired. My wife hates my...
5 views0 comments
Les Trachtman
Aug 24, 20193 min read
Does Your Vote Count?
An alarming trend is occurring in a growing number of technology initial public offerings (IPO). Just prior to selling shares to an...
2 views0 comments
Les Trachtman
Oct 9, 20186 min read
Every Founder Must Understand His or Her Inevitable Transition Out of the CEO Role
Diamonds may be forever, but the role of a CEO, even when you are the company founder, can be a precarious one. Most CEOs of venture...
23 views0 comments
Les Trachtman
Jul 25, 20183 min read
What's the Risk of Naming my Company after Myself?
Here we go again! It’s hard to feel bad for the investors and banks who lined up to place their bets on a company whose founder’s persona...
15 views0 comments
Les Trachtman
Jul 21, 20185 min read
You Can't Steer a Sailboat Unless It Is Moving
Just about every business decision, whether it's the launching of a new product, the entry into an adjacent market, an acquisition, as...
14 views0 comments
Les Trachtman
Jul 21, 20182 min read
Why Founders Get Fired?
Despite the remarkable tales we read about founders who dropped out of college and started their ventures in the garages to emerge years...
15 views0 comments
bottom of page