Seven Corners featured on Entrepreneur: Why a C-Suite Shakeup Is Exactly What Your Company Needs

Jun 12, 2017

By Heather R. Huhman

Sometimes, founders are smart enough to step aside for new C-suite-ers who'll scale the company better than they could. Jim Krampen and Justin Tysdal, co-founders of Seven Corners, in Carmel, Ind., made a radical decision last year about their travel insurance company.

Having run the business for 20 years, the two leaders realized that they personally were stunting the organization's growth. They decided it was time for a C-suite shakeup. "[Krampen] and I realized we were a decision-making bottleneck," Tysdal told me via email. "Instead of having two co-founders calling all of the shots, we brought in C-level executives with the experience to scale a business."

Since then, the company has hired three new C-level and seven director-level employees. As a result, Seven Corners' online rating has improved nearly 300 percent. While theirs was a difficult decision. Tysdal said, he knew they had to put their company first.

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