Founders: What to do when you're replaced as CEO | VentureBeat | Entrepreneur | by Ken Cho, People Pattern

The quintessential tech entrepreneur? Names like Mark Zuckerberg, Steve Jobs and Sergey Brin come to mind. Each created a company, weathered some early bumps and turned their businesses – and themselves – into iconic brands.

But most entrepreneurs do not. According to Harvard Business Review author Noam Wasserman, four out of five entrepreneurs are forced to step down from the CEO role. Wasserman explains: “Most (founders) are shocked when investors insist that they relinquish control … and the manner in which they tackle their first leadership transition often makes or breaks young enterprises.”