Subscribe to Entrepreneur for $5
Subscribe

Why This CEO Fired Himself and Asked His Friend to Take Over

Matt Bodnar was always good at solving problems. But when he became CEO, he saw his company struggle under his leadership. So he made a drastic change.

By
This story appears in the October 2018 issue of Entrepreneur. Subscribe »

A few years ago, when Matt Bodnar was the CEO of a small technology company, he got lunch with a fellow CEO friend. This friend was frustrated; his company was struggling, and he wanted a change. So the two spent 15 minutes or so talking through solutions, and then, to his own surprise, Bodnar said the words that would change his life: “Well,” Bodnar asked his friend, “what if you just took my job?”

Courtesy of Matt Bodnar

Related: 10 Actions That Highlight You as a Leader

Continue reading this article - and everything on Entrepreneur!

Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5.

Entrepreneur Editors' Picks