I thought this might be useful to fellow XPX members who work with founders and families navigating succession.
In this conversation with Frazer Rice on the Wealth Actually podcast, we look at what happens when the title changes but the authority does not. We discuss how to tell whether responsibility has actually transferred, why “the successor isn’t ready” needs to be translated into something specific and testable, and how to distinguish legitimate founder safeguards from an open-ended veto.
Here is the link: https://frazerrice.com/founder-succession-roadblocks/.
We also spend some time on the advisor’s role when a succession process becomes stuck, including when to push, when to pause, and when the process itself may need to be reframed or restructured.
I’d be interested in how others in the XPX community recognize when a transition that appears complete on paper has not yet happened in practice.
