What tech CEOs can learn from how sports stars quit
AP Photo/Justin RexTech CEOs can take cues from sports stars by leaving a place of strength rather than one of fear.Finally when leaving, consider the succession plan and legacy you leave behind.
Gymnastic legend Simone Biles withdrew from competing at the Tokyo 2020 Olympic games, not being in the right"headspace" to continue. Tom Brady left the N.F.L. at the height of his success. In his final season, he took the Tampa Bay Buccaneers to the playoffs, a good outcome, on top of winning the Super Bowl with Tampa Bay last season and six previous championships with the New England Patriots. He retired at the top of his game from a place of strength to focus his"time and energy on other things that require my attention.
CEOs can learn from Tom Brady and leave their companies from a place of strength rather than a place of fear. They can re-focus their considerable talents and skills on building other impactful companies or personal projects. Exit when you're on top; leave on your own terms.Both Tom Brady and Kelly Slater are known as the Greatest of All Times . Entering the 2021 Olympics, Simone Biles had been undefeated in the gymnastic all-around, team and floor competitions since 2013.
In contrast, for tech founders and CEOs, their companies are a part of their identity. Their legacy is as much about the company as their individual brand as leader. Plan ahead, often years before your exit to create the succession plan and ensure that the company continues as your legacy.
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