You said you love failure stories. Here's one I had a front-row seat for.
I coached a founder who, on paper, looked a lot like you. He was the face of his brand, doing somewhere between $12 and $15 million a year, with contractors all over the world and almost no real employees.
Before he ever hired me, he'd already built and fired two full teams. Each was around six people, and each one cost him somewhere between $70,000 and $150,000 a month. Neither got the job done.
Then he started working with me, and I kept telling him the same thing: stop shopping for big names and build from inside. He had a woman on his team who understood him and his creative process better than anyone. Promote her. He didn't listen. Instead he hired two CEOs, one after the other, each in the $180,000 to $300,000 a year range. He wanted the best money could buy.
Both CEOs walked in wanting to rebuild the whole company in their own image. Their plan for him was basically: step out, show up for filming days, make content when we ask, and that's it. That's not who he was. He couldn't let go, they couldn't move, and neither one lasted. By the time he finally tried to promote the woman I'd been pointing at, the deal he offered her fell apart and she left too.
You told me about your friend whose CEO ran his company into the ground. Same lesson, different ending. CEOs aren't the problem. The wrong setup is. It burns money, and worse, it burns years.
Here's what I think you should do
- Don't hand the company to someone who wants to rebuild it without you. You want to stay involved, and you should.
- Build on the team you already have. Florencia is incredibly capable. She needs clear priorities and backup, not a replacement.
- Bring in a fractional CEO who already knows you and the business. Someone who takes your vision, makes sure it gets done, and brings you the numbers every week.
That's what I'm proposing. I'd love for that person to be me. And if you choose someone else, this page is still the playbook, and I'll help them succeed.
— Cody