Today we spoke to Dave Franzetta. If you’re an entrepreneur and you’re starting a business, you’re going to plan for success. But you also need to plan for succession. That means thinking about your exit plan up front, rather than doing what most people do, which is worry about it later. This means you need to build an organization where you’re not indispensable and where you’ve trained employees to take your place. If you’ve done this, you’ll either be ready to sell out or to retire from the day to day operations.
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