Fired as CEO

Successful entrepreneur and CEO Jay Adelson demystifies the start-up process by providing advice, tips, and answering questions. In this episode, Jay talks about what goes on when a CEO is fired, the process, reactions, and what to do if that person is you.

Jay's Chalkboard Notes:
- Losing a job is always a negative feeling
- Dealing with it requires emotional fortitude
- A CEO being fired is usually a misalignment between the board or investors and the CEO's direction for the company
- Understand on day 1 what the direction of the board is going to be
- Understand how it may change from board meeting to board meeting
- A CEO is usually looked to as someone who inspires others
- Understand your own limitations
- Consider not being CEO of your 1st startup and learn from that CEO instead