The Most Important Things A Founder Must Understand About His or Her Inevitable Transition Out of the CEO Role
Most founders don’t ever expect to become a refugee from their own company. But startup company statistics show that they should. Les Trachtman discusses why it’s critical to both the founder’s ego and her pocketbook to consider life after founding early in their company life cycle.
Les has been a second CEO six times. He wrote the Amazon Bestseller Don’t F#*k It Up – how founders and their successors can avoid the clichés that inhibit growth. His early career is the subject of a Harvard Business School case study entitled: Les is More Times Four. He teaches, writes and speaks about entrepreneurs, founders and successorsRead More
Les Trachtman is an entrepreneur and professor focused on the fragile leadership transition between founders and successors. His books: "Don't Mess It Up, How Founders and Their Successors Can Avoid the Cliches that Inhibit Growth" is an Amazon best seller.
Trachtman asks the hard questions, challenges executives, infuses critical thinking, and uncovers intransigent practices that inhibit company growth. Combining a deep knowledge of technology, marketing, legal, and business operations, he is engaged by investors, executives, and business leaders to accelerate growth and increase stakeholder value.
Les Trachtman is an Adjunct Professor of Business at George Mason University and has taught and lectured at numerous universities including: The Harvard Business School, The MIT Sloan School of Business, the University of Southern California, Rensselaer Polytechnic Institute, Kent State University, University of Maryland Smith School of Business, University of California at Irvine, Union College, and Quinnipiac University School of Business. He is a frequent speaker at industry events including the Ernst & Young Entrepreneur of the Year Conference and is the Entrepreneur in Residence at Union College, his alma mater. He has published articles including the Founder Plots a Coup in the Harvard Business Review. Part of his career is featured in the Harvard Business School case study: Les is More Times Four.
Trachtman grew up in New York and has lived in Atlanta, Boston, Connecticut and Annapolis. He has traveled extensively across the globe and throughout the United States. The currently lives with his wife Michelle on the Severn River in Annapolis, Maryland and has two grown children, Megan – an interior designer in Annapolis, MD and Robbie – a medical software developer in Madison, Wisconsin.