This is a tremendous process for learning and self-actualization. It is important to be able to keep the interests of all stakeholders in mind -- shareholders, customers and employees. A small subset of shareholders, namely the Board, have an extra amount of influence ...!
The Board plays a major role in terms of attracting initial and subsequent financing rounds and directing the senior management of the company towards good judgment and success. Typically, the Board will provide introductions and helpful "war stories" that, to the uninitiated, might seem "too good to be true."
We are fortunate to have a tremendous Board. It is important to learn the skill, and I suppose the art, of board management, as we strive to move towards the goals. There will generally always be tension in terms of setting and meeting expectations.
Some of the clear paths to success are:
All the best!
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