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Founder's Journal

Why I Stepped Down As CEO

Founder's Journal

Morning Brew

Careers, Business, Entrepreneurship

4.81.1K Ratings

🗓️ 16 April 2024

⏱️ 32 minutes

🧾️ Download transcript

Summary

Episode 129: On today’s episode I discuss my decision to step down as CEO of Morning Brew. I chat about going from a Chapter 1 to a Chapter 2 CEO, the emotional journey after stepping down, and climbing out of the trough of sorrows. Send us an email and let us know what you think of the idea! [email protected] #FoundersJournal #Startups #Entrepreneur Listen to Founder’s Journal here: https://link.chtbl.com/OV4W93_W Watch Founder’s Journal here: https://www.youtube.com/@FoundersJournal/ Subscribe to Morning Brew! Sign up for free today: https://bit.ly/morningbrewyt Follow The Brew! Instagram - https://www.instagram.com/morningbrew/ Twitter - https://twitter.com/MorningBrew Tik Tok - https://www.tiktok.com/@morningbrew Follow Alex! Alex Lieberman (@businessbarista) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

What's up everyone? Welcome back to another episode of Founders Journal. I'm your host

0:03.7

Alex Lieberman, co-founder and executive chairman of Morning Brew. Founders Journal is

0:08.8

my personal audio diary made public for the world. Quick housekeeping, the month of April, we're doing

0:14.5

Founders Journal once per week and each episode is about a key inflection point in

0:19.9

my entrepreneurial journey. The first week was about growing Morning Brew from

0:23.6

0 to 10,000 subscribers. It's not just great for newsletter operators and

0:28.0

entrepreneurs, but honestly any entrepreneur who wants to grow their business

0:31.2

organically on a shoestring budget.

0:33.8

The second episode of the month was about our decision to sell the business, what the leading

0:38.0

up to the decision was, why we made the decision, how I'm feeling about the decision today and today's episode is

0:44.0

about my decision to step down as CEO of Morning Brew. Why I made the decision how I

0:49.2

felt about it and how I've navigated those emotions since. Just as a reminder, we'll have one more episode

0:55.0

after this one in April to round out the April episodes.

0:58.3

And then in May, we will be announcing

1:00.6

a new format that we are working on in the background and it is going to be absolutely perfect for this audience

1:06.6

and it is something that is different from every startup podcast that exists on the market today

1:12.2

So get excited for it.

1:14.0

Now, let's hop into the episode about my decision to step down as CEO. When you've got a monumental to do list to complete for your business,

1:30.4

making a bunch of stops in search of the right office supplies drains your time and energy.

1:36.0

That's why you need a one-stop shop for everything, whether that be new laptops or a selection of dairy options for your team's morning coffee.

1:44.0

The good news, that's what Walmart business was made for.

1:47.6

They've got low prices and bulk quantities on things like office supplies, groceries, tech, you name it.

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