founder of naked leader
Action For The Week
ENSURE your business is not dependent on any one person. Realise that as the company grows you may need a new manager, a new leader. The person with the initial idea might not be the best person to grow the company, who in turn may not be the best person to sell it.
(Extract from The Naked Millionaire)
Having one person solely responsible can backfire. If that person becomes incapable of running the business and has all the knowledge, the business is dead.
Wise indeed. Businesses can go bust so easily and if one person knows all it can happen quicker than you think in the event of a problem.