Thursday, May 3, 2012

Charlie Crystle audio story: deciding when to step down from your company

This story is from Charlie Crystle, who founded Chilisoft, a web infrastructure provider which in 1999 was sold to Cobalt Networks for $70 million. He and two partners later started Mission Research, which offers low-cost business software to support nonprofits.

Among other activities related to the startup ecosystem in Central PA, Charlie has founded a group of tech CEOs, Startup Lancaster, that meets monthly to socialize and discuss interests and experiences in the startup world.

In this brief story, Charlie shares the difficult process to decide to step down from a company you've founded. It's a situation ripe for mistakes, because there are so many ways to get it wrong - doing it too late, or too early, or when the core issue is really something else entirely.

Charlie Crystle on when to step down (3:14) [Right-click to download]

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