Firing your CEO is never easy.
But it's especially tricky job when you're the CEO.
Many founders also serve not only as the lead shareholder, but also the chief executive. As the leader of your organization, you've no doubt invested your time, blood, sweat and tears into building the enterprise from the ground up.
But, often, organizations face a crossroads. Your board or business partners may feel it is time for a change. Your business may have evolved away from you. You might have even lost that spark.
Instead of feeling defeated or even insulted, you should look at this as an opportunity for both you and your business.
This isn't failure. You've guided the organization to this point, which, no matter how you slice it, means you've succeeded. Sure, your ride ends here and it's time to get off the train, but you can walk away with dignity and leave your organization better off in the process. Here's how:
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