Ever wonder what happens when a founder gets 'promoted' out of the CEO role? Ryan and Will dive into the tricky terrain of founder transitions, exploring how it feels to be nudged into roles like Chief Vision Officer or Chairman—positions that often come when a new CEO is brought in. They discuss the emotions involved, the motivations of investors, and the strategies for turning this awkward moment into an opportunity. Whether you're in the thick of this situation or just want to be prepared, this episode provides valuable insights on maintaining dignity, negotiating effectively, and leveraging a graceful exit for future success.Resources:Startup Therapy Podcasthttps://www.startups.com/community/startup-therapyWebsitehttps://www.startups.com/beginLinkedInhttps://www.linkedin.com/company/startups-co/Join our Network of Top FoundersWil Schroterhttps://www.linkedin.com/in/wilschroter/Ryan Rutanhttps://www.linkedin.com/in/ryan-rutan/What to listen for:00:24 The Founder Promotion Dilemma01:07 Personal Experience with Founder Titles02:26 The Gary Coleman Effect03:21 The CEO Replacement Backfire05:29 The Emotional and Financial Impact of Founder Reassignment10:44 Board Mechanics and Founder Control13:06 Investor Strategies and Founder Leverage18:34 Facing the Reality of Founder Reassignment23:17 Famous Comebacks: Steve Jobs, Howard Schultz, and Jack Dorsey24:36 The Emotional Toll of Being Replaced25:10 Turning Emotions into Positive Actions25:46 Negotiating Your Exit Strategy30:54 Crafting Your New Role31:55 The Importance of Maintaining Relationships37:00 The Worst and Best Case Scenarios

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