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Your board should protect you!

Berkonomics

All other board functions are secondary. Even venture capitalists who sit on boards where they have significant investments often forget this point. Actually, there are two legal duties of board members. Sometimes, there will be a conflict of interest between the people representing the various shareholder classes on a board.

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8 Tips To Get the Most Out of Your Investors and Board

Both Sides of the Table

He wrote a post this long weekend on how he manages the board of DataSift. In his post he asserts, “You get the VCs you deserve” and the corollary “You get the performance out of your board that you deserve.” By spending more time educating your board on your business you get more valuable advice from them.

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How to Win Consulting, Board, and Deal Roles with Private Equity and Venture Capital Funds

David Teten VC

You can work as a consultant, an interim executive, a board member, a deal executive partnering to buy a company, an executive in residence, or as an entrepreneur in residence. . As a next step, we recommend that you register at the major expert network websites, as well as LinkedIn and job boards, if you haven’t already.

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4 Secrets to Responsive Leadership

Entrepreneurs' Organization

While you may be a strong leader, she asserts, the ability to adapt your strengths to each new organization, or to changes within the organization—new board members, new staff members, new shareholders—is the quality that will help you remain successful. . We recently asked her more about responsive leadership.

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Get Advice From The Best In Business

Entrepreneurs' Organization

However, just because I didn’t complete a formal education doesn’t mean I stopped learning. Over the years, I’ve grown my network to about 700 people – my “mentor board of advisors” or MBA. He gave me invaluable advice over lunch, and his expertise was a reminder to seek out expert advice – every time. Guess what?

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New Year, New Entrepreneurs: Five tips for supporting early-stage entrepreneurs ?

Source Link

Some key organizations that fill the needs of startups which you should seek out and invite into your network include: The public library , a vital and often overlooked resource for free access to business databases, education, equipment and internet access. Lean on advice from others who’ve been there before.

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To directors and advisors: “Noses in; fingers OUT!”

Berkonomics

And it is one of the most important lessons you can learn as a manager, board member, or advisor of a company or even a non-profit enterprise. I first heard this in a governance seminar for a non-profit higher educational board upon which I sit, over 25 years ago. Where did this statement come from? Noses in; fingers OUT.

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