Suggestions offered on positioning for the optimal exit a person desires
Kenny Rogers said it very well in his recording of The Gambler – “You’ve got to know when to hold ’em, know when to fold ’em, know when to walk away, and know when to run.”
Most business executives and entrepreneurs want to leave on their own terms. As described in this recent article, “The challenge is how to know and exit gracefully when the right time has come, without trauma to either the company or themselves.” One source of solid advice comes from a book – “Leaving on Top: Graceful Exits for Leaders” – that was written by David Heenan, a business executive and Georgetown University Professor. He did some good research on 20 top leaders, and why some leaders “get out while they’re on top” while others “overstay their welcome.”
