Succession planning often results in the selection of a weaker representation of yourself.
People who need certainty are unlikely to make good entrepreneurs.
Progress is obtained only by exploiting opportunities, not by solving problems. When you solve problems, all you do is guarantee a return to normalcy.
Leadership is an achievement of trust.
Do what you do best, and outsource the rest.
There is no perfect strategic decision. One always has to pay a price. One always has to balance conflicting objectives, conflicting opinions, and conflicting priorities. The best strategic decision is only an approximation - and a risk.