New sets of challenges and opportunities arise once a business startup transitions to a growth-stage company. These changes will inevitably transform the organization, impacting its business operations as well as its leadership. While succession and exit plans might have seemed distant and in the future, suddenly they become front and center in discussions about the future of the business. During this time of adjustments, the founder-CEO faces two options: embrace the inevitable changes and remained engaged or be ousted by the board of directors. Both choices might present difficult adjustments for the founder-CEO, but some planning and flexibility can assist in making this transition easier. Continue reading “Scaling Issues: Evolving From A Startup to Maturity”
Investor Dilemmas
Most startups kick off with limited financial capital and somewhere along are the way are faced with the need to seek investor’s capital to move the business forward. Each type of investors will present its own set of dilemmas. Founders need to reconcile these benefits and challenges with their startup’s needs and reach out to those investors better suited to fulfill the startup’s needs. Continue reading “Investor Dilemmas”