Getting Off The Org Chart, Part 2: How to Exit the Day-to-Day and Still Control Your Business

In This Episode of Business Lunch: We explore how business owners can effectively exit the org chart while maintaining control and generating revenue. Topics include compensation strategies, onboarding processes, and structuring deals with profits-only interests and phantom equity.Chapters:00:00 Introduction to Exiting the Org Chart02:57 Understanding Compensation for New Roles05:45 The Importance of Role Clarity08:59 Navigating the Hiring Process11:59 Strategies for Exit Readiness14:55 Compensation Structures and Considerations18:07 Exploring Synthetic Equity Options27:53 Establishing Value and Compensation Structures30:02 Understanding Profits Interest and Phantom Equity32:49 Navigating Executive Compensation Negotiations37:54 Onboarding and Transitioning New Leadership47:59 Redefining Roles and Business IdentityConnect with me on social:TikTok: Check out my TikTok HereInstagram: Check out my Instagram HereFacebook: Check out my Facebook HereLinkedIn: Check out my LinkedIn HereSubscribe to my YouTube 👉 HereResources:• 7 Steps to Scalable workbook• Get my book, Zero Down, FREEMentioned in this episode:Build Your CEO DashboardGet one report every week of the key metrics you need to know with the CEO Dashboard!CEO Dashboard