Business Forum Please click here

Business Focus >>

The new manufacturers The new manufacturers

A great British renaissance has been taking place. From Aberdeen to the West Country, the zing is back in manufacturing. It’s about time this spectacular story was told.

  • hot
  • hot
  • hot 100
  • 50 to watch in mobile

Why I demoted myself: real business education


Your email address:   
Friend's email address:   
   

by Real Business - Monday, 11th February 2008

Why I demoted myself: real business education

It will be probably the most difficult moment in an entrepreneur/founder's life, but it will also be one of the most important. Not all owner-directors realise that they need to hand on to a professional manager. But they should.

As one entrepreneur who made the transition puts it: “It would have been great to ride over the sunset as chairman and chief executive officer of an important software company, but it’s just too high risk,” he says. “I would rather ride over the horizon as chief technology officer of a very large successful software company – with a large number of shares.”

Timeless wisdom and real business education:

Business education: why I demoted myself

Tags: succession, management lessons, demotion, handing over, business education,

Close X

Leave a comment


Name:
Email:
Comment:
  I have read and understand the terms and conditions
 

Please click the post button only once - your comment will not be published immediately

BUSINESS NEWS >>

Girl power drives star-studded lingerie business

By Catherine Woods - September 05, 2008 3:56pm GMT

Pussy Glamore founder Marissa Montgomery has created one swanky lingerie business: former rock star-turned photographer Bryan Adams shoots her campaigns; Rose Blake, the daughter of pop artist Peter Blake, does all her artwork; while It Girls such as Lizzie Jagger and Sienna Miller are fans.

How to manage email

By David Longworth - September 05, 2008 1:33pm GMT

If you ever lose sleep over your company email, chances are you’re worrying about viruses. And with good reason – there’s enough bad stuff out there to shut your IT systems down in minutes if you’re not properly protected.

Aftershock entrepreneur: "Why run one store when you can run 500?"

By Kate Pritchard - September 05, 2008 12:49pm GMT

When Hiro Harjani stepped off the plane from India, he had no contacts, no cash and zero business experience. So how on earth did he build a fashion brand with 5,000 international trade accounts and celebrity endorsements from Lisa Snowden and Helen Mirren?

Leadership styles: which dog are you?

By Rebecca Burn-Callander - September 05, 2008 11:22am GMT

Do you have an autocratic management style? Perhaps you favour a more laid back approach? Here are three leadership theories. Which one best suits you?

Top five business applications for the iPhone

By Rebecca Burn-Callander - September 04, 2008 11:19am GMT

Apple’s online application store has been flooded with clever (and not so clever) programmes to soup up your iPhone and transform it into a portable office. Here are the pick of the bunch from the lovely people at Silicon.com.

Brochures on Saving and investing

BUSINESS COMMENT >>

Online forums: treasure troves of entrepreneurial flair!

By Rebecca Burn-Callander - September 04, 2008 5:20pm GMT

Meet the entrepreneur who’s going to launch a range of nasal alcohol, an auto-exercise chair and a radio station for sleeping people.

Credit crunch and the property market: where are we now?

By Stuart Rock - September 02, 2008 9:06am GMT

A chart that places the UK on the edge of fear

Darling, darling, darling...

By Catherine Woods - September 01, 2008 11:58am GMT

God bless Alistair Darling, eh? He really knows how to bring cheer to the nation as we open the weekend papers while tucking into our cereal and toast.

The Federation of Small Businesses gets a flavour for the arts

By Rebecca Burn-Callander - August 29, 2008 3:35pm GMT

We’re loving the “Keep Trade Local” campaign from the FSB. The project showcases traditional shops from all over Britain, most of which have been trading over 30 years.

Fancy winning a Growing Business Award?

By Catherine Woods - August 27, 2008 12:31pm GMT

So, you reckon you’re pretty good, do you? But…are you good enough to win one of our Growing Business Awards?

Business Comment 

Click here to sign up for the Real Business newsletter
Real Business Front Cover