Wouldn't it be amazing if someone else could run our startup for us?

That's the dream, really.

We build our startups to a point where they are making money, hire some super competent person with our same kind of ambition, and just sit back and let the checks tumble in while we sip margaritas on a beach.

But there's a reason why we call it a "dream" and not a "given." It works really well in our minds, but it tends to fail miserably in reality.

Why Won't it Work?

The problem with handing over the reins isn't the immediate handoff, it's all of the little compounding problems that stack up over time. That's the part we don't see.

Imagine for a moment you were a parent with teenage kids and you wanted to go on a vacation without them. When you ...