by Larry Putterman | Advisory Board, Boards, Business, Entrepreneurs, Family Business, Leadership, Organizations
Many entrepreneurs shy away from asking for help, especially, first-time entrepreneurs. They feel in order to maintain control (a.k.a. full ownership) of their company; they must be in charge of every aspect of their business. However, this mentality is often what...
by Larry Putterman | Boards, Business, Entrepreneurs, Family Business, Leadership, Management, Organizations, Vision
Working with your Dad in a family business can be the best decision you have ever made or the worst experience of your life. For a successful relationship, both parties need to put their egos aside and think about what’s best for the company. For me, it was the best...
by Larry Putterman | Advisory Board, Boards, Business, Entrepreneurs, Leadership, Management, Organizations, Outside Director, Vision
Boards without outside directors do not make objective decisions. Boards need outside directors to see all sides of a problem and find the best solution. Outside directors bring incredible value with their “fresh eyes.” I believe boards that have not brought somebody...
by Larry Putterman | Advisory Board, Board Director, Boards, coronavirus, Independent Director, Leadership
Today we are discussing the Coronavirus and how Board Directors can help companies survive the crisis. Jack Derby, in his weekly blog, says it best: “Most importantly… ….take care of yourself and your family! ….take care of your employees and...
by Larry Putterman | Advisory Board, Boards, Family Business, Independent Board Director, Independent Director, Outside Director
As a board candidate, you need to let the business world know you are seeking a board seat. No matter how excellent your qualifications if you do not let everyone know you are available you will never be invited to join a board. The 5 proven steps to gain a corporate...
by Larry Putterman | Advisory Board, Boards, Business, Independent Board Director, Leadership, Management, Organizations, Outside Director
A company without a board of directors or a board of advisors is like a ship without a rudder. There are no checks and balances and a company does not get the benefits of other opinions. The first big mistake that companies make is not having a board of directors or...