Be very clear and

Be very clear and strategic about who you bring on the board. Do they understand your business? Can they help you run the business? Be very selective about getting your investors on the board—don’t put them on the board just because they put money because they will be sitting there and offering very unhelpful advice.

You should also know when to bring an independent board member. Most early-stage startups anyway don’t need outside board members; it is a waste of time.

Sign Up for NextBigWhat Newsletter

Curated. Summarized. Important News. For free.

You May Also Like

We spent almost a

We spent almost a year in stealth, working with customers and seeing how we could get their experience right, how we could create those wow moments for the user, and…
View Post

You need to build

You need to build an innovation space and allocate time for creativity. Myth: Innovation cannot happen while an employee is doing her “day job” in her office. You need to…
View Post