Ownership and Leadership Are Not the Same Thing
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Ownership and Leadership Are Not the Same Thing
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Most family business transitions fail quietly. Not because the legal work was wrong, but because ownership and leadership were treated as the same event. They are not.
Ownership can move on a date. Leadership cannot. They run on two different clocks, and treating them as one event is where a lot of transitions start to go wrong.
In this first episode of The Successor Seat, Cameron Teich walks through the distinction that most families never make explicit: what actually finishes ownership versus what actually finishes leadership, the two common failure patterns that follow when the timelines get collapsed, and a practical way for both the owner and the successor to test where they really stand.
This episode is for owners of $1M–$50M businesses who are thinking about handing the company to the next generation, and for the people who will receive it.
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