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When a Founder CEO Hands Over the Reins

When a Founder CEO Hands Over the Reins

Bill Gates. Jeff Bezos. FedEx’s Fred Smith. Dave Thomas of Wendy’s. Mark Zuckerberg.

If the business world had a hall of fame for founder/ chief executive officers, they would be some of its charter members. These innovators not only started high-flying companies but ran them for a long time, or still do.

They’re the exceptions, however. Here’s a more common scenario: Entrepreneur starts a company. Company grows.

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