A brief YouTube excerpt (speaker: SPEAKER A, creator: Ryan Deiss) describing the third CEO exit option: "exiting the org chart." The speaker explains this means relinquishing the CEO title, installing a successor (internal or external), and moving to a board role. The speaker notes this approach fits some entrepreneurs but not others and frames it as a personal preference.
Exit number three is when you exit the org chart. Now, this is not for everyone. I've known a lot of entrepreneurs who, they love being CEO. They love being in the trenches, they love running everything. If that's you, that's great. For me, this is what I love, right? I love it when a business that I've been running gets to a point where I can step away. And whether we bring somebody in from the outside or ascend somebody from within, I really love exiting the org chart, you know, relinquishing the CEO title and just being on the board.
