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, Business, Entrepreneurs, Leadership, Management, Organizations
Creating an advisory board is the best decision an entrepreneur can make, but many entrepreneurs fail to create an advisory board. I speak to entrepreneurs daily about creating an advisory board and hear many excuses about why they don’t have a board. Most common...
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, 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...
