Getting Off The Org Chart, Part 2: How to Exit the Day-to-Day and Still Control Your Business
Business LunchShow Notes
In This Episode of Business Lunch: We explore how business owners can effectively exit the org chart while maintaining control and generating revenue. Topics include compensation strategies, onboarding processes, and structuring deals with profits-only interests and phantom equity.
Chapters: 00:00 Introduction to Exiting the Org Chart 02:57 Understanding Compensation for New Roles 05:45 The Importance of Role Clarity 08:59 Navigating the Hiring Process 11:59 Strategies for Exit Readiness 14:55 Compensation Structures and Considerations 18:07 Exploring Synthetic Equity Options 27:53 Establishing Value and Compensation Structures 30:02 Understanding Profits Interest and Phantom Equity 32:49 Navigating Executive Compensation Negotiations 37:54 Onboarding and Transitioning New Leadership 47:59 Redefining Roles and Business Identity
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Resources: • 7 Steps to Scalable workbook • Get my book, Zero Down, FREE Mentioned in this episode: Build Your CEO Dashboard Get one report every week of the key metrics you need to know with the CEO Dashboard! CEO Dashboard
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