About Founder's Trap:

The Founder's Trap occurs when a company is unable to relieve itself from its dependency on the Founders or family. It is trapped by the capabilities and bottleneck that is its Founder and/or family. This can occur because the organization is unable to develop the abilities needed to replace the unique skills of the Founder. This Trap can also occur because the Founder is unable to delegate effectively and decentralize control. What made them successful can now become the organizations downfall.