1. All Articles

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    1. Chris Sloan: What to Expect From Directors — And What Directors Expect From You

      Chris Sloan: What to Expect From Directors — And What Directors Expect From You

      GUEST MENTOR Chris Sloan, attorney at Baker Donelson Bearman, Caldwell & Berkowitz:  An independent director has the same voting rights and fiduciary duties as any other board member.  Most independent directors will expect the company to provide directors and officers liability insurance in addition to more equity than an adviser (typically 1% per year or so for startups). ...

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      Mentions: Fiduciary Duties
    2. Ed Zimmerman: Friends Don’t Let Friends Recruit Jerks

      Ed Zimmerman: Friends Don’t Let Friends Recruit Jerks

      ED ZIMMERMAN: The biggest false positive in board building is “résumé blindness” – myopically falling in love with a candidate due to their written list of accomplishments. I’m not discounting someone’s achievements or the network they’ve built by simply being among the first 12 employees at [insert name of fabulously successful company]. But board membership requires (1) wisdom, (2) insight (different from wisdom), (3) showing up, (4) work effort and perhaps most often overlooked, (5) sandbox skills -- the ability to let others use the toys first and to just listen. ...

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    3. Michael Burcham: Mentors, Advisers and Boardmembers – A Three-Part Approach

      Michael Burcham: Mentors, Advisers and Boardmembers – A Three-Part Approach

      GUEST MENTOR Michael Burcham CEO and President of The Nashville Entrepreneur Center: Creating a board of advisers or a board of directors is an important step in the life of a startup company. I’ve had the opportunity to start several businesses over the past 30 years, and the following three-phased approach is essential to the growth and success of every startup. ...

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    4. Joanne Wilson: Keep an Open Seat for an Open Mind

      Joanne Wilson: Keep an Open Seat for an Open Mind

      JOANNE WILSON:  Building a solid group of advisers is the first thing an entrepreneur should do. More than likely those advisers are going to come from the people who invested in you. They understand the business and that can provide a tremendous amount of value as the company grows. I ask every company that I invest in to meet with a group of advisers every four-to-six weeks. ...

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    5. Don’t Chase After Rock Stars

      Don’t Chase After Rock Stars

      Today’s public companies aren’t perfect, but in terms of board recruitment they do provide a worthwhile template for startups seeking to assemble a first class board of directors. The reason for this is that prior bad actors – think Enron, Yahoo and Hewlett-Packard – and subsequent remedial actions – Sarbanes-Oxley and the Dodd-Frank Act – have placed public company boards under tremendous shareholder and regulatory scrutiny to ensure the right individuals are in the boardroom.

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    6. Gary Schall: Board Directors Should Be Like Top Athletes – Balanced and Agile

      Gary Schall: Board Directors Should Be Like Top Athletes – Balanced and Agile

      GUEST MENTOR Gary Schall, counsel for corporate practice group, WilmerHale: Balance and agility are terms often used to describe top athletes – as in the controlled and quick movements of a star tennis player, the steady grace of an Olympic gymnast or the swift force of a champion wrestler. But balance and agility are also fundamental to the effective performance of a startup’s board of directors. ...

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    21841-21864 of 23478 « 1 2 ... 908 909 910 911 912 913 914 ... 977 978 979 »
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